State of the OpenCloud 2022

Looking at the Battery Ventures “State of OpenCloud 2022” for trends that will impact 2023. SHOW: 676 CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotw CHECK OUT OUR NEW PODCAST - "CLOUDCAST BASICS" SHOW SPONSORS: Datadog Kubernetes Solution: Maximum Visibility into Container Environments Start monitoring the health and performance of your container environment with a free 14 day Datadog trial. Listeners of The Cloudcast will also receive a free Datadog T-shirt. Eaton Homepage Eaton and Tripp Lite have joined forces to bring more sanity to IT pros days, every day. Visit www.eaton.com/audio to learn more! CloudZero - Cloud Cost Intelligence for Engineering Teams SHOW NOTES: Battery Ventures “State of OpenCloud 2022” HOW DO THE VCs LOOK AT THE STATE OF THE OPEN CLOUD MARKET? VCs are still very bullish on cloud-native and open-source cloud companies “Good growth” will be encouraged and rewarded Software “multiples” are back to 2018-19 levels. The 2020s were crazy value inflation. HOW CAN THAT INFLUENCE WHAT 2023 MIGHT LOOK LIKE? Lots of companies are re-evaluating their spending levels and cost levels Lots of highly “valued” private companies may become acquisition targets in 2023 Most of the job-cuts, thus far, haven’t been that large, as a percentage. For software businesses, cloud-services are growing 3-5x their software business. Expect to see more companies moving to those offerings. Cloud providers continue to show strong growth, even at a larger scale. Expect this to continue, although they are all shifting their focuses. Software can be a driving force to enable productivity, so expect to see companies continue to focus on software-driven projects. Lots of good insights into how the selling and buying model are evolving. Interesting if you’re evaluating companies beyond just what they offer. FEEDBACK? Email: show at the cloudcast dot net Twitter: @thecloudcastnet FEEDBACK? Email: show @ the enterprise ai show dot com Bluesky: @TheEntAIShow.bsky.social Twitter/X: @TheEntAIShow Instagram: @TheEntAIShow