State of the OpenCloud 2022
State of the OpenCloud 2022  
Podcast: The Reasoning Show
Published On: Sun Dec 11 2022
Description: Looking at the Battery Ventures “State of OpenCloud 2022” for trends that will impact 2023.SHOW: 676CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotwCHECK OUT OUR NEW PODCAST - "CLOUDCAST BASICS"SHOW SPONSORS:Datadog Kubernetes Solution: Maximum Visibility into Container EnvironmentsStart 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 HomepageEaton 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 TeamsSHOW 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 rewardedSoftware “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 levelsLots of highly “valued” private companies may become acquisition targets in 2023Most 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 netTwitter: @thecloudcastnetFEEDBACK?Email: show @ reasoning dot showBluesky: @reasoningshow.bsky.socialTwitter/X: @ReasoningShowInstagram: @reasoningshowTikTok: @reasoningshow