The new normal of data management

There are few parts of business that the Covid-19 pandemic hasn’t impacted, in some cases creating pervasive and long-lasting change. While no one knows exactly how our lives will emerge from this upheaval, for businesses it’s clear that long term survival depends on agility. Entire workforces have been mobilised in a matter of weeks. Employees – even the Luddites among …

SaaS customer retention in times of COVID-19

IDC forecast that 2019 would be the year when enterprise IT spending by departmental managers overtook spending by the IT department itself.  Cloud-based on-demand services have become the norm by lowering barriers to technology purchases and enabling cost centre managers to quickly and easily deploy the software of their choice. Flexible subscription contracts gave access to an almost unlimited bank …

COVID-19 is rewarding the frontrunners of digital transformation

With increasingly draconian measures worldwide aimed at keeping people at home to quell the spread of COVID-19, companies of all shapes and sizes and across the majority of industries are finding themselves in the same situation – how to equip and empower their workforce for mobile working. More than 5 million companies around the world will experience an impact at …

SaaStr Annual Braindates

Let me start by introducing myself properly: I’m Renat Zubairov, CEO and Co-Founder of a Germany-based company elastic.io, part-time techie, part-time sales, full-time father of three. And I will be hosting a topic at the SaaStr Annual Braindates 2020. While working at our previous companies, Igor, Rico (the other elastic.io co-founders) and I realized how much of a challenge the …

SaaS trend

With $billions invested in digital transformation over recent years, it is little surprise that IDC’s 2020 forecast predicts a continued commitment to the digital enterprise. Moreover, it’s even had a fresh new look for 2020 as the ‘digital-first’ enterprise. What is interesting is the estimation that over the next five years over 90 percent of new apps will be cloud-native, …

open source integration

The Open Integration Hub (OIH), has reached a milestone this week as it concludes the two-year funding commitment from Germany’s Federal Ministry for Economic Affairs and Energy (BMWi). Just to remind you, OIH project was founded in 2017 to create a central open source integration platform offering a uniform and secure standard for automatic data synchronization across various applications. With …

iPaaS Market Evaluation

In 2018, the forecast for the iPaaS market was to grow by an astonishing 42.1% CAGR to reach a global market valuation of US $8.6billion by 2024. A considerably more recent forecast suggested a moderate, yet ‘robustly’ positive CAGR of 11.9% to reach $1.2 billion by 2022. Of all the forecasts for the global integration platform as a service (iPaaS) …

basics of data integration

How many times have we wondered whether school lessons will ever be useful in the outside world? I never thought of the importance of trigonometry until I tried to fit a large sofa through a narrow doorway! In a similar way – unless your career path takes you in certain directions – many may question the value of grammar in …

banking fintech trends

By the September deadline, Europe’s banks and fintech companies should be compliant with the Second Payment Services Directive (PSD2).  Rather than focusing inwards on business operations, PSD2 is an outward-looking directive. It encourages open access and competition in the banking industry. Organisations across the breadth of the industry are required to open their payments infrastructures and customer data to third …

Saas subscription business model with a twist

Before the arrival of the SaaS subscription business model, enterprise ISVs could focus on doing what they do best – developing great software to solve a business challenge faced by their target market. The download CD (remember those?!) had a purchase price. Then periodic updates followed until the product was deemed obsolete. It was a straightforward, one-size fits all model …