What's Hot in Enterprise IT/VC - Issue #67

big cloud providers crushing it on revenue with AWS hitting over $5b of quarterly rev and Google cloud at $1b mark; thoughts on cybersecurity at board level, bringing automation to large enterprises requires training employees yet many cos aren’t doing this days Accenture survey, congrats to portfolio co BigID on $14mm Series a financing, and crypto markets in a free fall

boldstart

BigID pulls in $14 million Series A to help identify private customer data across big data stores | TechCrunch

Congrats @bigidsecure @dimitrisirota @nimrodv - been great to partner from #firstcheck to Series A - GDPR is the next Y2K problem and well positioned to identify and manage, thrilled to partner with Clearsky Security Fund @ComcastVentures @sap_iO - As data privacy becomes an increasingly important notion, especially with the EU’s GDPR privacy laws coming online in May, companies need to find ways to..

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Enterprise Tech

Guardian CEO Says She's Focused on Deals to Help With Tech – Bloomberg

Guardian CEO Says She's Focused on Deals to Help With Tech – Bloomberg

great interview with @guardianlife CEO Deanna Mulligan on how she’s reinventing Guardian and how “She’s Focused on Deals to Help With Tech” agile, blockchain, automation amongst areas

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In Drive to AI, Employers Shirk Training: Survey,CIO Journal, WSJ

Key to deploying automation using AI is keeping humans trained - Accenture survey of large businesses still show lag in doing this

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The Era of Quantum Computing Is Here. Outlook: Cloudy | Quanta Magazine

Quantum computing is super promising but lots of fundamental issues and challenges that still need to be solved - for what it’s worth, we are hearing more and more enterprises exploring for the future

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Cybersecurity Firm Tenable Reveals $189M in Revenue | Fortune

great to see some security companies that are on path to stand-alone and IPO like Tenable vs small acquisition bait

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Express Scripts Clashes With Investor Over Cyber-Risk Disclosure - Bloomberg

cybersecurity coming at board level - The U.S. Securities and Exchange Commission will review a dispute between Express Scripts Holding Co. and New York State Comptroller Thomas DiNapoli over his effort to force the prescription-benefits manager to increase cyber-risk disclosures.

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Strategies for CIOs who want the C-suite on their side | CIO Dive

solid read on how CIOs and CFOs should be working together - from my perspective, CIOs Need to think like VCs - don’t be afraid to fail , think big, take portfolio approach on IT projects, double down on winners. It’s happening with most forward thinking orgs

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Markets

Amazon Web Services hits $5B in quarterly revenue with no signs of slowing down – GeekWire

and AWS keeps growing - It looks like the whole cloud computing thing is going to work out well for Amazon. Amazon Web Services reported quarterly revenue of $5.1 billion…

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Google Cloud hits $1 billion in quarterly revenue, but still lags behind AWS | VentureBeat

3rd place behind AWS and MSFT but still massive numbers - Google CEO Sundar Pichai announced today that the tech giant’s cloud division reached a significant milestone during the last quarter of 2017: It is now making $1 billion per quarter selling computing services to other businesses.

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Red Hat Shakes Up Container Ecosystem With CoreOS Deal

all about Kubernetest - CoreOS jumped on bandwagon early and now bought for $250 million

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By Ed Sim

Ed Sim's weekly readings and notes on VC, software, and scaling startups - #enterprise #seed #DeveloperFirst #IntelligentAutomation #DataInfra #CloudNative #Cybersecurity

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