Hey team,
The next digital transformation is already well underway.
With more and more things moving online so quickly these days in response to COVID-19, I really don't have to remind you.
But the scope of all the growth is probably a whole lot bigger than most of us can imagine.
I've recently been listening in on earnings calls and reading through press release commentary by leaders at big name cloud, data, and digital connectivity companies.
Some of the takeaways include the use of video as a "new voice" and an emphasis on building a better internet.
Here is, briefly, what a couple of them have to say…
"As remote work trends have accelerated during the pandemic, organizations have moved beyond addressing immediate business continuity needs to actively redefine and embracing new approaches to support a future of working anywhere, learning anywhere, and connecting anywhere."
~ Eric Yuan, Zoom Video Communications CEO
"We believe the pandemic forces companies to distort their vendors into two buckets, nice to have and must have. All indications from the quantitative metrics we're watching as well as the qualitative conversations we're having with customers are that Cloudflare is squarely in the must have bucket."
~ Mathew Prince, Cloud Flare CEO
Obviously I've been writing a whole lot about ZM, given it's been the most talked-about stock in the latest digital transformation trend.
But I want to share a few other digital transformation names that have shown up on my watchlist this week.
Continue reading...
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