What's Hot in Enterprise IT/VC - Issue #87

NYC enterprise tech is cranking as portfolio co Kustomer raised $26mm in a Series B led by Redpoint Ventures and including Cisco; must read by Benedict Evans from a16z on how to think about AI; the first commercial Open Source Software index with companies greater than or at run rate of $100mm

Kustomer gets $26M to take on Zendesk with an omnichannel approach to customer support – TechCrunch

Congrats to portfolio Kustomer which just closed its Series B to take on Zendesk, NYC enterprise tech is cranking


Enterprise Tech

#1: The $100B+ Commercial OSS Company Index (COSSCI)

awesome read on which open source software cos are greater than $100mm and what models they use; open core, etc


Ways to think about machine learning — Benedict Evans

great read by Benedict Evans with a16z - not about “artificial” intelligence but automation


Microsoft and EY are deploying a blockchain system to manage royalties — Quartz

this could be one of the biggest blockchains in production to be used for rights and royalties processing by Microsoft’s game publishers but will expand


Google Is Training Machines to Predict When a Patient Will Die - Bloomberg

access to health data will be what’s critical to scale this initiative; regardless, health care cos should beware as the the ‘Medical Brain’ team could help the internet giant finally break into the health-care business


Walmart looking for 2K more technologists to beat out e-commerce competitors | CIO Dive

every Fortune 500 is a tech co, Walmart continuing to expand its tech workforce


IT’s Growing Importance Carries CIO Role to New Heights - CIO Journal. - WSJ

the CIO is becoming more strategic as digital initiatives become imperative to future success; When Delta Air Lines this year promoted its CIO to executive vice president, reporting directly to the airline’s CEO



Search company Elastic is going public in a confidential IPO filing - Recode

a killer product for incorporating search into apps, also open source via an open core model, great to see more of these cos scaling fast and hitting the public markets


Oracle could be feeling cloud transition growing pains – TechCrunch

Oracle beat earnings but seems quite clear numbers for cloud aren’t growing as nicely as Oracle does not provide specific breakout this quarter vs prior one


CIOs planning to snub Oracle for other cloudy vendors – analyst • The Register

more perspective on Oracle issues as cloud grows and their customers become more and more frustrated with its business practices


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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