Moore’s Law Applied to Cloud Software Will Result in a Seismic Shift

Data driven cloud software is an enormous opportunity in the next decade.

The cloud software companies have not only thrived during this past year, reaching a collective market capitalization of over $2 trillion, but have also largely surpassed the FAANG companies as the fastest growing segment of technology.

There are a series of high performing cloud-based software companies that pioneered the category of Software-as-a-Service. Though many companies in the Bessemer Cloud Index will become long-term market leaders, the clear category kings have been Salesforce, Workday, and ServiceNow. These are the cloud native companies that disrupted legacy on premise infrastructure with easy to use, scalable platform solutions.

They have opened a larger addressable market of smaller customers who can build upon, and integrate with their platforms. These cloud native SaaS companies are transforming the landscape, and as they evolve, the best-in-class SaaS metrics evolve alongside them to capture their path to success. “New” metrics like the popularized “Magic Number”, helping companies determine the impact of sales and marking spend on ARR growth, and “Net Retention”, a measure of your customer churn which includes upsell and expansion opportunities, have materialized to complement the more standard metrics related to growth rates and gross margins.

A new class of software companies is emerging that combine the attractive elements of a SaaS company: scalability, high margins, recurring revenue and visibility into revenue, with the key attributes of Moore’s Law: increasing efficiency at scale.

The new paradigm of data driven software companies became clear to me while listening to the CrowdStrike (Nasdaq: CRWD) earnings call on March 16th. This was an impressive earnings call with a clarity of strategy and excellence of execution.

These software companies achieve efficiency of scale by utilizing their massive data stores for machine learning. Data is being generated and becoming available at historic rates and as companies make the transition to the cloud, they are able to access their data and take advantage of the powerful flywheel of intelligence and insights it offers. Simply put, the bigger the database and the better the data, the better and more plentiful the insights. 

CrowdStrike initially aspired to be the Salesforce of cybersecurity. It has become so much more.

At the time of the IPO of CrowdStrike in 2019, the company was capturing just above 2 trillion events per week (where events correspond to potential security breaches). Today, CrowdStrike logs 5+ trillion events per week. These events inform CRWD’s Threat Graph and create a reinforcing loop that drives increased accuracy. The scale of the data is monumental, and without cloud-scale AI, analyzing this amount of data with such efficiency would be impossible.

No other cyber security company has anywhere near this level of data or resulting insights. CrowdStrike has an unprecedented competitive advantage that will continue to accelerate.

The buy side on The Street has repeatedly underestimated the growth potential of CRWD, in part because they don’t understand the nature of the company, but the data speaks for itself. A Goldman Sachs research report published last week noted that CRWD is the fastest growing company within their universe of cloud software companies – now trading at EV/Revenues FY 2022e of 28x and growing 45% faster than pre-COVID estimates.

We are thrilled by the results and continued potential of CrowdStrike, but our optimism expands well beyond this single portfolio company of ours. When you add cloud-scale to SaaS, you get record growth. This crossover is where we focus, and where we expect to see the biggest opportunities of the next decade.

To follow our portfolio companies and investment strategy, take a look at our website and follow me on LinkedIn.

Cybersecurity: 10 Insights from Top Entrepreneurs

At The Montgomery Summit 2021 presented by March Capital, a dozen cybersecurity leaders shared the ground truth of how enterprises are responding to the evolving threat landscape.

CEOs and founders of companies such as Snyk, Netskope, Dragos, Orca, and Very Good Security also forecast “what’s next” for cybersecurity.  Here’s what we heard:

Top 10 Insights

  1. Security is shifting from a tax, to a business enabler; security wins the trust of the consumer.
  2. Perimeters are ephemeral. New architectures mean that applications are smaller and more transient than ever before.
  3. Every real-world operation will want to adopt Zero Trust. Distributed workforces will remain the norm, providing a tailwind to network security and access management companies.
  4. Privacy solutions will become ubiquitous within 5 years, regardless of whether the driver is regulatory, compliance, or the customer himself/herself.
  5. Third-party vendors and partners are now an essential part of any businesses. Thus, supply chain transparency and resiliency will become increasingly important.
  6. Any enterprise with an Enterprise Resource Planning (ERP) or Governance, Risk, & Compliance (GRC) system will need a Continuous Controls Monitoring (CCM).
  7. Industrial security is becoming necessary across sectors, not just for Energy or Government.
  8. Startups are seeing a shift in buyer profiles. What used to be CSO sales, is now increasingly decided by a BSO (business unit security officer) or a functional security lead (e.g., threat management lead).  Soon, developers will be the most important influencer and user of security solutions.  Any selling process that ignores the developer will lose out.
  9. Security companies are slowing moving towards consumption-based pricing models, which is now commonplace for infrastructure and allows enterprises to match value and cost.
  10. The cloud will create dramatically more secure ecosystems. Startups with multi-cloud and hybrid-cloud solutions will be best positioned to succeed, and avoid being subsumed into the core offerings of cloud providers.

All told, it should not be surprising that the startups who presented are innovating relentlessly to match increasingly sophisticated adversaries, such as those seen in the Solarwinds/Sunburst and Microsoft Exchange attacks.

In 2020, $10.7B was invested in Cybersecurity across 539 transactions, and $20B spent on M&A across 178 transactions. There has been a clear focus on Cyber as organizations recalibrate to new threats and surface area.  Will 2021 be another big year for Cyber?  We think so.

 

APPENDIX – MONTGOMERY SUMMIT 2021 SPEAKERS

Spotlight Presenters: Snyk, Netskope, Forter

Securing the Cloud Economy Panelists: Very Good Security, Orca, Valtix, Styra

Moderator: Jed Leidheiser

Frontiers of Innovation in Cybersecurity Panelists: Xage, Dragos, Enveil, Prevalion, Panaseer

Moderator: Bob Ackerman

Accessing Global Capital Markets for Leading Indian Companies

At The Montgomery Summit 2021, I had a discussion about Accessing Global Capital Markets for Leading Indian Companies with Sonjoy Chatterjee, the Chairman of Goldman Sachs India, Bob McCooey, Senior Vice President of Listing Services at Nasdaq, and Umesh Sachdev, the Co-Founder and CEO of Uniphore.

In case you missed it, here are some of the most significant takeaways from our conversation:

  • First and foremost, there has never been a better funding environment for an Indian company with global ambitions. Not only are the Indian public and private markets more active than ever, but Indian companies are also better positioned than ever before to dual-list in the US.
  • The number of ambitious Indian companies in question has increased dramatically, with companies such as Uniphore successfully redomiciling from India to the US, carving a path for many founders who aim to follow. To their great benefit, Nasdaq is a willing and eager partner to Indian companies for whom it makes sense to dual-list in the US.

Sonjoy, Bob, and Umesh contributed to this conversation from three very different and unique vantage points. I recommend you give the full session a watch on YouTube or on MontyTV for more insights from these thought-provoking global leaders.

A Look Back at Day 1 of the 2021 Summit

The Montgomery Summit presented by March Capital is off to an incredible start, and we have another full day of great programming ahead. Our attendees logged in from around the world to hear presentations from private company CEOs, garner insights from phenomenal keynote speakers, and connect with other leaders in the innovation economy.

We were joined by over 100 speakers, tuning in from the US, China, India, Israel, the UK, and other parts of Europe. Attendees enjoyed fireside chats with our stellar keynote speakers Eric Yuan (Zoom), Darius Adamczyk (Honeywell), Jeetu Patel (Cisco), Jim Whitehurst (IBM), and Jennifer Tejada (PagerDuty) as well as thought-provoking panel discussions on The Future of Global Payments and The World of Investing Post-COVID. Videos of our plenary sessions will be available on MontyTV in the coming weeks.

We love the energy and insights we found at The Female Entrepreneur Program yesterday afternoon. Ruzwana Bashir (Peek.com) spoke about her company’s growth opportunity and innovation post-COVID-19, and Alexa Von Tobel (Inspired Capital) advice to fellow entrepreneurs was to LITTP—Lean In To The Pain—when building a company.

Our presenting companies were stellar, and we heard that our new format of sector overviews provide great insight into specific verticals, such as Securing the Cloud Economy, The Reinvention of the Bank, Automating Revenue Creation, and The Future of Cloud-Based Data Infrastructure. Additionally, we were treated a series of presentations and fireside chats with the heads of market- leading companies including Bipul Sinha (Rubrik) with John Chambers, Peter McKay (Snyk) with Fred Havemeyer, Gary Hoberman (Unqork) with Paul Walker, and Bill Richter (Qumulo) with Matt McIlwain.

You can view our Day 2 plenary sessions on YouTube live here!

ESG Triumphs in the Age of Hyperawareness

We have entered an era of “hyper-awareness.” With the rise and proliferation of data collection, instant communication methods, and society’s expectations around transparency, there is more visibility into our every move than ever before—the reach extends from individuals to businesses and governments. Consumers are aligning their consumption habits with their values and are paying close attention to their purchasing decisions with an eye for sustainability. They are also holding the businesses they work for and buy from accountable not only for the products they ultimately sell but also for every step of their business operations— from their carbon footprints and supply chains to employee management practices.

Investors around the world noticed this shift a while ago: “ESG” has gone from buzzword to mainstream, and the dollars have followed. Regulators across the world are taking notice and are institutionalizing much of the accountability consumers are placing on businesses today.

So, who are the companies poised to win in this era of hyper-awareness? At The Montgomery Summit’s “ESG Investing” panel, we will hear from 5 groundbreaking companies helping bring awareness and ESG-resilience to their customers business operations.  Across FinTech, AI, Supply Chains, and the Energy sector, these companies are scaling in ways that maximize profits while minimizing environmental, social, and governance risk factors for their customers. They are the mission-driven, VC-backed companies that will define how our companies today navigate the landscape of tomorrow.

In a conversation lead by Quentin Hardy, former NY Times Technology Editor and current Google Cloud Executive, we will explore what it means to be a lead a business that enables total and sustainable transparency, and how and why that should be a top priority of every CEO today.

The core of every business lies in its supply chain – where its products come from and how they get to the shelf. In 2011, the Obama Administration asked Justin Dillon to develop an app to inform consumers of how their purchases connect to modern day slavery. 10 years later, Justin has built out his original project into FRDM – the world’s leading supply chain transparency platform. FRDM’s network combines data science with machine learning and AI to algorithmically highlight environmental, social, and governance risks throughout a company’s global supply chain.

What energy is powering those supply chains and business operations? More and more, energy consumers are demanding stronger visibility of the time, location, source, and environmental characteristics of their third-party energy supply. Cleartrace provides an auditable accounting of a company’s energy and carbon footprint in real time. Providing insights alone is no longer enough, that’s why Cleartrace works with energy suppliers to provide provable 24/7 load-matched renewable and carbon-free energy supplies.

The further from the underlying business operations a company sits, the harder they are to track. For Asset Managers with portfolios of hundreds if not thousands of companies, this can be a near-impossible task. That’s why Clarity AI built a tool to help investors manage the impact of their portfolios, leveraging big data and machine learning. They are now trusted by a global network of investors representing more than $10 trillion assets under management.

Deserve provides financial services intended to provide citizens with access to fair credit products and tools to achieve financial independence. The company’s financial products include credit cards that use machine learning and alternative data to determine creditworthiness, enabling users to get access to fair credit without a credit history and build their credit score.

Finally, the Descartes Labs Platform is designed to answer some of the world’s most complex and pressing questions through geospatial analytics. Customers across the Ag, CPG, Government, and Mining sectors use the platform to build algorithms and models that can be applied across a wide array of applications including Deforestation tracking, High Carbon stock mapping, and C02 detection. The company defines “hyperawareness” in the age of AI.

Join us for a panel discussion on “ESG Investing” at The Montgomery Summit 2021 presented by March Capital on March 3rd and 4th, where we will dive into market opportunities in ESG and hear how these companies (and more) reimagine what it means to be a lead a business that enables total and sustainable transparency.

To register for the 2021 Summit, please use the following link: https://cvent.me/mqWNGX.  If you have any questions, please contact info@montgomerysummit.com.

The Future of Crypto

Crypto Currencies are becoming mainstream. Those who support it have a vision that it will become a stand-alone credible asset category. Whether or not you think their vision will turn to reality, cryptocurrencies cannot be ignored and every investor should have an informed perspective.

What are the implications of cryptocurrency for the global economy and where are we headed?  This will be the subject of our last addition to Montgomery Summit program for 2021.

Join us at The Montgomery Summit presented March Capital on March 4th at 3-4pm for an engaging discussion with leading cryptocurrency experts and investors, Daniel Roberts, Michael Sonnenshein, and Tim Draper. 

Tim Draper is both an established Silicon Valley venture capitalist and the leading spokesperson for Bitcoin, Blockchain, ICOs, and cryptocurrencies. He is the founder of Draper AssociatesDFJ, and the Draper Venture Network, and has been honored as the World Entrepreneurship Forum’s “Entrepreneur of the World”, one of the top 100 most powerful people in finance by Worth Magazine, one of the top 20 most influential people in Crypto by Crypto Weekly, and much more.

Michael Sonnenshein is the CEO of Grayscale Investments, the world’s largest digital currency asset manager with over $30 billion in AUM as of early this month. He has been recognized as one of Business Insider’s Rising Stars of Wall Street and though he comes from a traditional banking background, he now focuses on connecting the legacy financial systems with the new, digital currency-driven asset classes.

Prominent crypto tweeter and journalist, Daniel Roberts, works to demystify the world of crypto as the Editor-in-Chief of Decrypt Media, which covers cryptocurrency and bitcoin news. Prior to joining Decrypt, he was Editor-at-Large at Yahoo Finance and Fortune Magazine.

It’s no secret that there’s value in crypto. Bitcoin surpassed $55,000 earlier this month and Coinbase, the most prominent cryptocurrency exchange with over 43 million verified users as of the end of 2020, filed to go public on Friday. Early reports suggest the company will be worth around $104 billion. The listing revealed that it made quite a splash in 2020, with 140% revenue growth year over year and a $322 million profit.

Register here to join us on March 4th to learn more about this session and other sessions which will also be open to the public. If you have any questions, please contact info@montgomerysummit.com.

Spotlight Company Moderators at The Montgomery Summit

If I told you that I’ve gathered the best minds in the world to share their experiences with the greatest companies of 2021, and that you could participate in the dialogue, would you join me?

Our Spotlight company presentations at The Montgomery Summit 2021 presented by March Capital offer a unique opportunity to hear from industry leaders and top investors as they interview the pioneering executives who are reinventing financial technology, security, enterprise software, and more. The moderators could be keynote speakers themselves, but we are having them interview some of the most interesting companies in technology instead.

  • Silicon Valley legend, John Doerr, will interview Founder and CEO of ASAPP, Gustavo Sapoznik, as he shares how the young startup with world-leading technology is reimagining the customer experience.
  • Bill Richter, President and CEO of Seattle-based Qumulo, the leading file data platform for multi-cloud environments, will be interviewed by board member, and Managing Director at Madrona Venture Group, Matt Mcllwain.
  • Johanna Flower, prior CrowdStrike CMO and current Freshworks board member, will interview Girish Mathrubootham, Co-Founder and CEO of Freshworks, for a lively discussion on how he’s defining the new age of intelligent customer engagement.
  • Pankaj Patel, former Chief Product Officer at Cisco and Senior Advisor to March Capital, will host two world-class companies . On Wednesday he will interview Umesh Sachdev, Co-Founder and CEO of Uniphore, a world leader in Conversational AI. Thursday, he will dive deeper into cognitive AI platforms with Amir Husain, Founder and CEO of SparkCognition.
  • Rory O’Driscoll, Partner at Scale Venture Partners and enterprise software expert, will join Forter Co-Founder & CEO, Michael Reitblat, in showcasing how Forter’s next generation eCommerce enablement platform can do for identity authentication what CrowdStrike has done for endpoint security.

We are hosting 16 of these Spotlight companies – transformative market leaders in their respective sectors – at The Montgomery Summit this year. Each presentation will consist of an introduction from the moderator, followed by a fireside chat, and concluding with a live Q&A where we encourage you to join the conversation.

Don’t miss this extraordinary opportunity to hear top investors engage with leading-edge entrepreneurs. You can find the full list of Spotlight company presentations within the Summit agenda, here. If you haven’t already registered for The Montgomery Summit on March 3rd and 4th, please do so here and be sure to arrange 1:1 meetings with your favorite entrepreneurs as well: https://cvent.me/mqWNGX. If you have any questions, please contact info@montgomerysummit.com.

P.S. – This is where I will be spending my quite a bit of my time!

Lessons In Leadership

The great leaders of today are often asked what they know now that they wish they had known at an earlier stage of their career.

There is a reason we ask this question just as there is a reason for studying history. We all want to learn from, and replicate, the success of the great leaders among us. Rarely do we have access to such leaders directly, but The Montgomery Summit presented by March Capital will provide just the opportunity during our “Leading During a Crisis” panel on Thursday, March 4th at 2:00pm PT. Join us with Silicon Valley, military, and academic visionaries as they share their leadership lessons with the world’s next best business leaders.

Whether you’re an aspiring entrepreneur, a Gen Z VC, or heading into your next corporate leadership position, we encourage you to participate in the dialogue through our live Q&A. If you’d prefer to be a fly on the wall, there will be plenty to learn by listening to this outstanding group:

Ron Sugar, the former CEO of a Fortune 50 company (Northrop Grumman), Board Member (Apple, Uber, Amgen and Chevron), former member of the President’s National Intelligence Committee, and long-time University Trustee, has witnessed exceptional leadership across industry, government and academia and is honored to host the conversation with three distinguished leaders:

John Chambers, Founder & CEO, JC2 Ventures joined Cisco in 1991 when it had a single product and $70 million in revenue and left the company 24 years later having grown the business into a colossal $47 billion tech and internet giant with well over 10,000 employees. Not only is John a phenomenal conversationalist, but he’s an innovator, a culture driver, and widely regarded as one of the world’s best CEOs.

GEN (Ret.) Stan McChrystal was once referred to as “one of America’s greatest warriors” by Secretary of Defense Robert Gates. A retired four-star general, he is the former commander of U.S. and International Security Assistance Forces (ISAF) Afghanistan and the former commander of the premier military counter-terrorism force, Joint Special Operations Command (JSOC).

Pradeep K. Khosla, UC San Diego’s Chief Executive Officer, leads a campus with more than 35,000 students, six undergraduate colleges, five academic divisions, and five graduate and professional schools. Khosla initiated and implemented the comprehensive, all-inclusive strategic planning process to unify the campus and define UC San Diego’s future. Not only has he been named one of the 50 most influential Indian-Americans by SiliconIndia, but he’s consistently honored for his leadership, teaching, and research.

This impressive group is coming together under the common goal of equipping rising leaders with innovative leadership solutions that will help them take on dynamic business challenges and create meaningful opportunities for citizens and businesses alike.

There will be something brilliant in this conversation for all of us. Register here to learn from some of the biggest names in leadership at The Montgomery Summit 2021: https://cvent.me/mqWNGX. If you have any questions, please contact info@montgomerysummit.com.

Making Markets

Amazon. Airbnb. Uber. Etsy. Over the past decade, marketplaces have transformed the way we live our lives: from how we buy to how we create, from where we go to how we get there. It’s rare for you or I to go a single day without interacting with a marketplace. Given the pervasiveness of marketplaces, the most surprising fact about them is, perhaps, their untapped potential. The next generation of marketplaces is poised to expand beyond traditional consumer use cases, to address market failures across a new host of transaction types and industries.

Omnipresent in fast-moving, consumer-focused sectors, marketplace models are now emerging in B2B spaces and disrupting traditionally “old school” industries. While consumers are accustomed to transacting seamlessly via online marketplaces in their daily lives, this ease of transaction is often missing at work. A host of new businesses are addressing this problem.

Within the medical field, Torch and Medinas are providing doctors and dentists with the equipment and supplies they need more efficiently and cost effectively.  Biotechnology leader, Ginkgo Bioworks is harnessing the power of marketplaces to design new organisms, by connecting top scientific minds with genetic engineering tools. Real Estate, an industry first transformed by online listing companies Zillow and Redfin, is now undergoing a second wave of innovation. New marketplaces are making it easier to access both residential (Morty) and commercial (Cadre) properties. Even notoriously slow-moving industrials & manufacturing are reaping the benefits of marketplaces. Workrise, a labor market for skilled trades, Moov, an interactive platform for used manufacturing equipment, and Truefill, a new way to purchase fuel are just a few of the startups changing the face of the sector.

While new marketplaces in “old school” sectors are transformative, they can also be particularly difficult to launch. Challenges can arise in attracting both sides of a market that has historically operated offline. For example, convincing farmers and food buyers to utilize a new marketplace for buying and selling wholesale food products can be a tall order. To address this issue, next-generation marketplaces are getting creative. Many are embedding SaaS or other useful tools on one side of the marketplace to attract and retain hesitant market participants. Wholesale food marketplace Silo offers a suite of cloud-based tools and reporting, while grocer-focused Afresh adds value through AI-powered forecasting.

Marketplaces are also finding new ways to monetize. B2B focused marketplaces are taking advantage of larger transaction values by supplementing traditional transaction fees with financing, logistics, factoring or other alternative revenue sources.

Another traditionally offline segment – the services sector – is also being transformed by marketplaces. Historically, services businesses have not been ideal marketplace candidates due to high search and vetting costs to establish trust before purchase and the need for in-person delivery. “Uber for doctors” was an interesting idea in theory, but difficult to execute in practice.

Technology has now reached a point, however, where online interactions are “good enough” to support these relationship-based purchases. AI models help refine service provider selection, blockchain technology supports the creation of contracts, and slack and zoom allow for personal, real-time communications. These new capabilities make services marketplaces possible. The pandemic makes them imperative.

Education (MasterClass), fitness (Obe), health & wellness (Pager), and therapy (Talkspace) are just a few of the services moving to online marketplace models. Even business services are undergoing this shift. Catalant offers a marketplace of experts that competes with traditional consultancies such as McKinsey or Deloitte.

If you are interested in diving deeper into new and exciting marketplace models join me at the Next Generation Marketplaces innovation forum at The Montgomery Summit 2021 presented by March Capital on March 3rd and 4th.  The session will include top marketplace entrepreneurs and investors and will be moderated by Harvard Business School professor and marketplace guru, Scott Kominers (this post is named after his class!). Register here: https://cvent.me/mqWNGX. If you have any questions, please contact info@montgomerysummit.com.

Intelligent Automation of the Enterprise

In 2020, digital transformation vaulted to the top of the Global 2000 priority list, as workforces became geographically dispersed and existing processes were heavily disrupted.  In fact, McKinsey reports that transformation accelerated by several years, or a factor of 18-43x, depending on the dimension.

Automating Business Operations

At March Capital, we regularly engage our CxO network to hear from the frontlines of business and to share what we see in the innovation ecosystem.  One key learning – automation has become an essential ingredient for not only business resiliency and workforce optimization, but also for growth.

So, does the “next generation” enterprise have a high comfort level for remote work?  Will it leverage solutions that are cloud-first, data-driven, and highly resilient?  Absolutely, and more.  Bill Gates is quoted as saying:

The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.

I posit that automation is now an iterative exercise, thanks to applied technology such as AI, no-code, and open APIs.  The leading enterprises of tomorrow will deploy automation solutions that first understand, then learn and improve, and adapt to any disruption.  Advanced exception handling capabilities – either by self-healing or by expert routing – will drive seamless business operations. Furthermore, implementation times will compress, and humans will remain powerful participants.

Companies to Watch

During The Montgomery Summit presented by March Capital on March 3rd and 4th, we’ll hear from the pioneering startups of intelligent automation as they share both “why now” and “how” this change is occurring. For example, Skan.ai, is a process mining company which first discovers how employees do their work, then creates digital twins to model and improve business processes.  In doing so, enterprises receive a holistic view of their business operations, revealing the important and intertwined roles of people, process, and technology.

Newer process automation platforms use human-in-the-loop technology to automate knowledge work.  We’ll hear from financial services-focused Ocrolus, which states succinctly, “companies work best when they focus on their core competencies, and let automation take care of the rest.”  We’ve observed this approach to be true in horizontal functions as well, such as with customer service players ASAPP and Uniphore.

Tonkean, which uses human-in-the-loop automation for functions such as sales and legal, is built on the belief that a lack of operational excellence “kills business velocity.” Their research found that at least 86% of organizations suffer as result.  Often, the critical path is a lack of technical staff or budgetary limitations for the same.  Unqork, a no-code pioneer, helps alleviate these challenges by providing a no-code platform for application development and deployment.  As a result, digital transformation has been accelerated at diverse customers such as Goldman Sachs, the City of New York, and hospital system Maimonides.

Even with advanced technology, finding and retaining the right talent is critical to business success. Skyhive leverages its AI-driven software to understand the skills of an enterprise’s workforce, compare findings to the needs of the business, and then provide training in order to retain and upskill the workforce.

Finally, all of this need to take place at scale.  Puppet industrializes the infrastructure underlying enterprise operations in order to accelerate cloud adoption, while enforcing security and compliance.  Put simply, intelligent automation will be a driving force going forward.

The Montgomery Summit

To learn more, join us for “Intelligent Automation of the Enterprise” at The Montgomery Summit 2021 presented by March Capital on March 3rd and 4th, where we will explore how enterprises are leveraging new technologies for operational excellence, and hear from top startups driving that innovation.

Please use the following link to register: https://cvent.me/mqWNGX.  If you have any questions, contact info@montgomerysummit.com.