>> Narrator: From the Computer History Museum in Mountain View, California, it's theCUBE. On the ground with Accenture Labs 30th anniversary celebration. >> Okay welcome back everyone. We're here for a special on the ground presentation, our Accenture Labs 30th year celebration of being in business at the Computer History Museum in Mountain View, California, the heart of Silicon Valley. I'm John Furrier. Our next guest is Yvonne Wassenaar, who's the CEO of Airwave. Good to see you, Cube alumni, welcome back. >> Thank you so much, I'm happy to be here. >> So your integral executive at this event here. You've worked at VMware, you've worked at New Relic. You're now at Airware. What do you guys do? First explain what Airware is because this is fascinating. >> Yeah, yeah, yeah. Airware is the most fun and impactful company on the planet. I'm a bit biased, but fundamentally I explain it as commercial drone software analytics. And the reason I say that is commercial drone is important because it's not just hobbyists, it's businesses using drones to collect data, but ultimately the important part is what do you do with the data? And we provide cloud based software analytics machine learning AI to derive business insights from what they collect. >> And drones are very practical, other than my kids loving them, put the Go Pro on it, but you can go, instead of saying go drive out and check that meter or you know, go out and take those trash out of the power lines, there's all kind of applications that drones could do with not only technical, but also getting data, visual data. So what is that looking like these days because it sounds very magical and fantasy like? What are some of the applications? >> It's a great question, and I want to start with what are some of the changes that have enabled drones to go from personal use to commercial use? The first thing is the technology, and so if you think about the drones, it's kind of like the cell phones 10 years ago when the iPhone came out. It didn't do that much compared to today, but the advancement has been amazing. So we actually had an innovator, one of our customers, duct tape a cell phone to the bottom of a drone like four or five years ago to get the visual imagery that he needed to drive insights. Now you can just buy from DJI or senseFly, really powerful drones, so you're seeing a huge uptake in what drones can do, and then on the other side, you're seeing the ability with cloud based analytics to get insights in things such as, think about it, insurance, rooftop inspection. You don't have to climb a two story steep on a ladder. You can fly a drone up, less time, more safe, and you get the historical information. Mining and quarrying, we do a lot in that space. Stockpile measurement. It's really fascinating all the things you can do. It's almost what do you not do. >> So I've been fascinated with drones ever since two years ago when Amazon had that big hype announcement where packages will be delivered to your home, and everyone can relate to that because they know Amazon delivers packages, but who's going to deliver, how does that work? I mean is there like a name space for like airspace? That's a hard compute challenge, so how will you guys deal with the spacial imagery aspect of it because this is fascinating because a new set of companies are redefining what was an old, established, boring, static industry. I mean Hoover remaps New York City every five weeks, or some number. >> Well I was going to say, what's important is you have the geo spacial coordinates, and so what we do is to actually align the images we take to geo spatially where they are. We use GCPs to do that, and then we know exactly, to the pinpoint, how to stitch images together, how to relate images over time, so actually that piece is quite easy. The harder part is when you're doing like large quarries or commercial inspections, just the volume of data you're collecting and being thoughtful on how you can upload that, process that, that's the more interesting and challenging part. >> And certainly data ingestion's huge, so given that, I've got to ask you the internet of things questions. Internet of things, the intelligent edge. Drones are moving, so they're real time. They're going to the edge of the network, they are the network, and they're pushing the edge out. How are you looking at the IOT? What's your perspective of the current IOT landscape? Intelligent, dumb, not yet defined, hasn't been to school yet? This is a big topic. Microsoft's talking about it, we've been talking about it on a research side, an intelligent edge. >> Yeah, I think we are just on the cusp of what is possible, and to me, I think about the true power being of marrying that visual data that comes from the drone with the other internet of things data. So for example, if you think about, in the aggregate space, in quarries and mining, where we play a lot. You have a lot of big equipment that has a tremendous number of sensors around, fuel efficiency and what's going on with the machine. You can map that against the hull roads that they're driving and other elements, you know that you can see from the sky. You can start to redesign your roads, you can start to get huge fuel efficiencies and other benefits, so to me the magic is really in marrying the different data sources, which is now becoming more possible as like broader technologies in the cloud and analytics of all. >> So I've got to ask you some technical, kind of high level questions. You don't have to go deep under the hood, but because you worked at VMware, you know the federation which is EMC. You guys are helping the storage guys out big time because there's a lot of data coming in. So two questions. How do you move all that big data, big fat data, through little pipes called the airwaves into the storage? What's the strategy? Is there any kind of emerging trends you see with respect to architecture? >> Yeah, so we actually spent a lot of time thinking about how you pull the huge, vast amounts of data and get it into the cloud. I'm not going to give away all of our secrets there, but what I will fundamentally say is we are big users of the cloud, so we're taking advantage of somebody else building up big data centers and their ongoing reduction in cost. Storage only gets cheaper and cheaper, and so for us, what we're really focused on is the processing power and what you can do in the clouds you put your data into. >> So cloud helps you? >> Totally, yeah, yeah, yeah. >> What would life be like without the cloud? Would you be in business? >> It would be really hard, and it would be hard on two fronts. One because it takes a lot to build and scale up your own data centers as a company today, particularly as a startup, but I think even more importantly, the ability to do, you know, training of these AI algorithms on large datasets. You want to be able to look across datasets, and that's most easily done aggregating the cloud. >> So you guys are cloud native? >> Yes. >> So what's your advice to CIOs as they look at their hybrid or private cloud, or on premise IT that's not even private cloud? What, these guys are trying to transform fast. Accenture Labs and others are helping them. What does a CIO have to do to get to the benefits of being that agile? >> Yeah, I think it's a great question, and when I was at New Relic, I was the CIO, so I have a little bit of experience in it. >> John: Trick question. >> What I would say is it is hard and I feel the pain. You have a lot to do to run the day to day business, but ultimately I think being really strategic and carving out the time and the big initiatives, and fundamentally it comes down to, all your new stuff should be in the cloud. The stuff that's really critical that's on prem that you can convert, you should do it, and the rest you got to get rid of it. You can't be held back by legacy because it will only prevent you from innovating and somebody else will. >> And do you see CIOs ultimately going to an operating model that looks like cloud even though it might be on prem? >> It does, particularly some of the larger companies, and for certain applications where you have to have, for whatever reason, data within the company, but it will be more utility based, it will be more burst capacity. You'll see more sharing as the tools and monitoring gets better. >> So I got to get your take. So as AI comes down the pipe, you're in analytics, it's a big part of your business. >> Yeah, yeah, yeah. >> You understand analytics across your career. As jobs get automated away, we have a survey, and Market Size and Wikimon just did that says that by 2025, 150 billion dollars of non differentiated IT labor is going to go away and shift to other high value activities. So automation is going to replace those non differentiating jobs, labor. Okay, that means some other things are going to happen. So you can almost connect the dots and say software, analytics, some sort of new model. How does a company do analytics? Because what are those new value creation, you started a company on drone trend, real application, analytics is a differentiator. How does a company use analytics to help them figure out a differentiating strategy for their future? >> So I think it's a couple things. One is how to use analytics and automation to do what you currently do better, faster, cheaper. The more interesting thing is what you were talking about is if machines are doing that for you, if software's doing that for you, you have more time to think about well what's that next set of more advanced analytics I might do? Or how might I translate into better customer service? Or what's that new business model? So I think rather than jobs going away, it's really you know kind of like in the banks. The ATMs didn't get rid of the bank employees. It just gave them the ability to be personal advisors and take other. >> And they open up more branches. >> Exactly. >> And it's more people. It's actually helped create jobs. >> Exactly. >> Kind of that fallacy kind of goes away. Okay, we've got a little bit of time left. Do a quick commercial on what you guys are doing. Give a plug for Airware. How many employees do you guys have, what stage you're at, what are you guys looking to do? You're hiring, what do your customers look like, who is your customer? Take a minute to talk about your company. >> Yeah, so like I said, Airware's an amazing company. We're about six years old. We're Series C. We've got great investors and backers with Andreessen, Kleiner, Perkins, John Chambers is on our board. We're about 100 people. We've got global operations, both in EMEA and in the US. The beautiful city of Paris as well as San Francisco, so hard to beat that, and fundamentally what we're focused on is global enterprise commercial drone software analytics. And I call it an enterprise because part of the reason I ended up at Airware is I spent 17 years at Accenture. I understand what it takes to sell into enterprise. I know what they're looking for in terms of security, in terms of scalability, deployment, ease of use, and so bringing that, not just fun innovative experiments and innovation departments, but scaled deployments, and we predominantly focus on insurance and agriculture, mining, and construction right now, but we're building a platform that can be leveraged across industries, and so the real value add is how we reassemble the components to quickly innovate for other industries as well. >> I know we got time to break here, but one final question. We're going to be at the Grace Hopper celebration this year for our fourth year as part of our women in tech celebration. With all the recent Silicon Valley scandals around women in tech, I got to ask you. You've been in the business for a long time. You know, you've seen a lot of stories. I'm not going to ask you to share any specifics. What does the future have to look like to get through this novel of the generational shift that's happening, a new generation's coming on board. What kinds of norms and practices would you like to see, and any comment or color you can share on what is the preferred outcome of the current situation? >> Yeah, so I deeply believe that for companies to be competitive, you have to be diverse in perspective skillset and your employee base, and this war for talent, if you're only going after a certain profile, you're going to lose. So I think the winning companies will diversify. I'm on the board at Harvey Mudd, who's done amazing work increasing the number of women in STEM. They had more than 50% of their computer science majors were female last year, so it's definitely doable. I think we all have a lot of unconscious bias, and fundamentally what's going to shift is having more role models, and quite frankly having more white male sponsors. I mean John Chambers is a huge sponsor of mine and that makes a big difference, and so I think we need. >> And including men in the conversation. >> Totally. >> Is a really important part of it. >> Yeah, yeah, yeah, yeah. I'm 100%. My best sponsors have been men, and that's what we need is that community to make a difference. >> Yvonne, thanks so much for sharing your insight and data here. Accenture Labs celebration. Your role at Accenture, you're working with them, you've worked with them. >> Yeah. >> What's the take here? >> I'm super excited to be here. I was at Accenture for 17 years starting in 1990, so I'm old, and I got to grow up with the labs, and so. >> Were they Arthur Anderson or were they Accenture Consulting at that point? >> It was Anderson Consulting. >> Anderson Consulting. >> I'm that old, it was Anderson Consulting. But I'd say the value of the labs is it's hard when you're a big enterprise company to reimagine the future, and so having places like Accenture Labs where you can see what the possible is and you have somebody experimenting with you is really powerful, so. >> And you've got a good team of people with you. The cloud, really good timing to have a cloud operation too. >> Yeah, yeah I'm excited to be here. >> Yvonne, thanks so much. Cube coverage here at the Computer History Museum. I'm John Furrier with theCUBE, on the ground for Accenture Labs, 30 years. The next 30 years ahead of us. A lot of exciting things, AI, new workforce, great action happening, drones. First of all, the drone racing leak, by the way, is really popular in my household. We're going to have drones in theCUBE >> Yvonne: Maybe we can connect you. >> With Cube coverage with drone cameras, coming soon. Thanks for watching, we'll be right back. (upbeat instrumental music)

(energetic electronic music) >> From Phoenix, Arizona, the Cube, at Catalyst Conference. Here's your host, Jeff Frick. >> Hey, welcome back everybody, Jeff Frick here, with the Cube. We are on the ground in Phoenix Arizona at the Girls In Tech Catalyst Conference. We're really excited to return to Phoenix, ironically, it was two years ago, about this same time, we went to our first Grace Hopper conference that was here in Phoenix, and I don't know what it is with Phoenix, but it seems to be a great place for women in tech conferences. So, we're back, and we wanted to come down and talk to some of the people here that are giving keynotes, presentations, give you a flavor for what's going on, so if you got an opportunity to go next year, it'll be back in the Bay Area. You certainly want to sign up for that. So we're really excited, our first guest Yvonne Wassenaar, the CIO of New Relic, welcome. >> Thank you so much, it's great to be here, I love the Cube. >> Oh, thank you very much, that's right, you were at VMworld, or VMware, I always say world not ware, for years. And we've been doing, I think, the VMworld show for something like six years, or seven years. >> Yeah, super long time, and I watch you guys at reinvents, and a lot of other places. >> Oh great, well thank you for watching. So now you're at New Relic, so for the people that aren't familiar with New Relic, why don't you give them the quick 411. >> Yeah, so New Relic is is a software analytics company, and in the simplest terms, you don't bank in your retail branch, you bank on your phone. What matters is how your software's performing. Both from an application perspective, and a business perspective. So we help you understand what's going on. We're the best, first place to look to understand your digital business. >> It's really interesting, because we've got a premise that we're, at Wikibon, that it's all about, really, your digital engagement model. And you think about banking, how many times do you go into the bank, and actually interact with a teller? It's really moved to this electronic interface, in terms of your relationship. >> Exactly, it's not how warm the coffee is, or how long the teller line is, it's how performant is your application, and do you have the right feature functionality? >> Okay, so you're here, you had a keynote earlier in the week. >> This is the third day of the conference. So first of all, give us kind of what's the vibe been here for the last three days? >> It's phenomenal, and what I love about the Girl In Tech Conference, is that it brings together women of all types. I was speaking yesterday to a student at Stanford, who's here, who has her own non-profit, who's getting her degree to go out and change the world as an enterpreneur, to very, very seasoned executives who sit on boards. And everybody's here to understand what's the change going on, and how do I drive relevancy. And it's just phenomenal. >> Excellent, so your keynote was on how to stay relevant, and how to avoid extinction. >> Yeah. >> So why don't you give us some of the, I'm sure that was a well received one. >> Yeah, well, what's interesting is, change is the new constant. And it's actually riskier to not do something, than do something, today, but what do you do? And everybody says, "Oh, go out and be bold." and being bold's great, but fundamentally, it's hard. And it's easy to say, it's hard to do in practice. And so what my talk was really on, is, how do you address the unconscious fears? How do you say "Yeah, those bad things could happen, but you know what, if nothing bad happened, here's how I could change the world." And then just go after that vision. Free yourself from those kind of unconscious constraints, and really go after it wholeheartedly. >> And so is it more of a willingness to fail? Is it more of a willingness to, you know, look silly, if you feel? I mean, what are some of these unconscious fears, that if you consciously just address them, that will help you kind of overcome them, and be more proactive in your experimentation? >> Yeah, so for me it was very personal. It was some challenges that I had in my childhood, that really made me risk-averse, in ways that I didn't understand. And it's one of the things that they say, "Hey, women should lean in more." And I actually believe the reason that women don't lean in, is that they're trying to aim for a level of perfection, and don't realize it's a numbers game. Failure is not a reflection on you personally, failure is step towards your future successes. And so really it's a mindset change. >> Right, right, and I fundamentally feel too, as we try to innovate on the Cube, and do things different, if we're not failing sometimes, we're not really pushing the envelope enough, right? Everything shouldn't be successful. It's like the old economics newsboy model, right? If you come home with no newspapers, that means you could have sold a couple more probably, so it's not about perfection, it's about trying, and not being afraid to, "Mm, that didn't work out." >> You're spot on, and I led a workshop yesterday as well, on increasing your return on investment. And I literally told the women, I said, "If you are not failing, if everybody on your team's performing perfectly, you're a failed leader. You have to stumble, it's like skiing, if you don't fall, when you're skiing, you're not pushing yourself hard enough, you're not really doing it, so you need to let your team members fall, you have to fall yourself, and that's how you you're pushing the boundaries. >> So how is the reception then, of that message that you're trying to convey? Is it "You know, I know it, I just can't do it", is it, just, "Oh, there's just so many hurdles in the way"? How do you get over the, you know, here's this unconscious thing that you need to be thinking about, okay, now it's conscious, but to actually start to change behavior? What are some of the little behavioral changes and tips and tricks you give people? Because at the end of the day, a lot of times, it's do the behavior, not think about it too much. >> Exactly, I'd say it's a couple things, first off, you need role models, that can help prove to you and your subconcious, that, "My gosh, if those five amazingly successful people did this, and they're telling me, very specifically, the failures they had, and they're still that successful, maybe they're not lying."(laughs) The other thing is, I try to give really specific tips, so one of my favorites is, I'm an ex-consultant, so two by two, what's the business impact? What's your unique value? Throw all the things you're working on in there, you should have one to two that are high impact that you're uniquely skilled to do, hit those balls out of the park. You can get 20 guys to third base, doesn't matter. You got to get one person home. >> Got to get him home, that's great. I'm just curious, because you spent a long time at Accenture, before you jumped into the tech company world, so you probably saw a lot of different companies. What's your perspective at a macro view, of how this environment has changed over the years? I mean, do you see positive change? I know we have a long way to go, but what's your perspective from some of those early Accenture days? >> You know, it's never been a more exciting time. I mean, in some regards, I wish I was that Stanford student, just starting my career, because technology is changing how we do everything, in absolutely amazing ways. But, we need to bring the right level of social consciousness to how we apply it. And we need to figure out new engagement models. And I think those engagement models actually play to the strength of a lot of women we have in the room. You have to figure out how to fuse across different industries. So, the Apple Watch, it's designer, it's technology, like how do you bring those competencies together? You get better stuff done with partners than all internally. VCs are the new R&D innovation engines, so I think the change is really exciting. But you have to be open to new operating models, and new engagement styles, to take advantage of it. >> Right, okay I want to shift gears a little bit, because our audience might not know, but you're actually a very rare breed. >> (laughs) >> You're a woman on boards, and we hear over and over, I'm teasing you, because we hear over and over, there's just not near enough representation of women on corporate boards. You're on a couple of boards. So I'd like to get your perspective on, how did you get on the boards, how do we get more women on the boards? There's always a conversation, is it a pipeline problem? Are there just not enough, are they dropping out mid-career? What are some of the things you can see from your seat on a couple of boards? >> Yeah, so I'm on three boards, I'm on the board of Harvey Mudd, I'm on the board of Idiom, which is the series B start-up, and I'm on the board of the Athena Alliance. And the Athena Alliance is actually an organization, a non-profit focused on getting more women on boards, because I fundamentally believe it is not a pipeline problem, and I say that because there's many senior executive level women like myself, who just are waiting to check off the ten things on the list they think they need to be on a board. And it's studied time and time again, women set really high bars for themselves. So I don't think enough women are putting themselves forward. and I don't think that they're known well enough. We're not unicorns, we're really not. Like there are valleys where we all congregate, (laughs) and so what we need to do, is really help the men, who I think have amazing intention, and want to have greater diversity on their boards, understand how to make the connections, and find the right women with the right profiles to round out the organizations. >> So you think it's really more of a matching issue, the desire is there, but really just making the match when the timing is right, and it's a good fit. >> Yeah, exactly. >> All right, so I'm going to shift gears on you one more time, and talk about education, and specifically Harvey Mudd, because as I'd mentioned, two years ago, we were here interviewing Maria Klawe, still one of my all-time favorite interviews. She's got such phenomenal energy, she's the President at Harvey Mudd College, who are the Athenas, I don't know if you knew the Harvey Mudd gals' teams are the Athenas, boys are the Stags, but talk about education, and what Maria has done, I mean her thing in our interview, is she wants the intro CS, to be the best class you've ever taken. >> Yeah. >> Bar none, not the best computer science class, not the best science class, the best class ever, and I can tell you, my son's at Claremont, it's a really hard class to get into. Your perspective on education, and what somebody like Maria, with her kind of energy, point of view, enthusiasm, does to expanding computer science breadth in women specifically. >> Oh, it's phenomenal, I actually had the opportunity to sit in the intro CS class. And there's a couple really key things they've done. First off, is they've expanded and energized the CS team with new amazing talent, many women, but not just women, other diversity, to just round out perspective, so keeping it fresh. The second thing they've done, is they've realized that CS theory is interesting to some, but not to all, and a lot of women tend to be more purpose driven, so they've created classes like CS biology. Same core concepts, but now solving the problems in a field where they have questions. So they learn the same thing, but in a way that's more interesting. And the final thing is, they've restructured how they run the class. So they don't say, "Hey, here's a question," everybody goes, "Oh, I'll get that!" They say, "Here's a question I want you to think about. And talk to your partner, scribble some notes, and in a minute, let's discuss what you've come up with." and that allows people of all types to be more thoughtful and to get better, well-rounded answers coming out. So they've changed it on all dimensions, and it's just, it's an amazing place to go and be, and see the energy, and really see transformation in work in our education system, because that's where it all starts. >> That's really interesting, the way you say it, to phrase the question so people are forced to think a minute, because I have two daughters, they went to all-girls middle schools, and that's one of the classic plugs for going to all-girls, because the boys, they don't wait, right? >> (laughs) "Okay if I have the right answer, I'm going to get picked! >> "Pick me, I love the teacher, pick me, pick me!" >> You picked me, I win!" >> Right, "and then I'll figure it out," versus people that want to think about it a little bit, and contemplate, and noodle, and maybe try to get the right answer before they raise their hand, so great strategy. So before we let you go, unfortunately we're out of time, how do people get involved with the Athena Foundation, what are you up to, in terms of priorities for the next six months? >> Yeah, so it's the Athenaalliance.org, we're on the web, we're just starting, DLA Piper is one of our sponsors, getting our 501c3 status, there's information there in terms of membership, who we're working to connect with. If any of you listening have board seats and you want women, come to us. If you're a qualified woman, and you're looking to get on a board, reach out, we'd love to hear you, we know you're there, and we know that men want to put you on boards, so let's make it happen. >> What a great service really, doing that matching game, because it's always about the matching game. Well, Yvonne, thanks for taking a few minutes out of your busy day, and we look forward to seeing you again sometime in the Bay Area. >> Great, thank you so much, great stuff. >> Jeff Frick here at the Girls In Tech Catalyst Conference in Phoenix Arizona, we'll be back after this short break. Thanks for watching. (energetic electronic music)

from the cube studios in palo alto in boston bringing you data driven insights from the cube and etr this is breaking analysis with dave vellante by the dip has been been an effective strategy since the market bottomed in early march last year the approach has been especially successful in tech and even more so for those tech names that one were well positioned for the forced march to digital i sometimes call it i.e remote work online commerce data centric platforms and certain cyber security plays and two already had the cloud figured out the question on investors minds is where to go from here should you avoid some of the high flyers that are richly valued with eye-popping multiples or should you continue to buy the dip and if so which companies that capitalized on the trends from last year will see permanent shifts in spending patterns that make them a solid long-term play hello and welcome to this week's wikibon cube insights powered by etr in this breaking analysis we shine the spotlight on three companies that may be candidates for a buy the dip strategy and it's our pleasure to welcome in ivana delevco who's the chief investment officer and founder of spear alpha a new research-centric etf focused on industrial technology ivana is a long-time equity analyst with a background in both long and short investing ivana welcome to the program thanks so much for coming on thanks for having me david yeah it's really our pleasure i i want to start with your etf and give the folks a bit more background about you first you know we gotta let people know i'm not an investment pro i'm not an advisor i don't make stock recommendations i don't sell investments so you got to do your own research i have a lot of data so happy to share it but you got to understand your own risks you of course yvonne on the other hand you do offer investment services and so people before investing got to carefully review all the available available investment docs understand what you're getting into before you invest now with that out of the way ivana i have some stats up here on this slide your spear you're a newly launched female lead firm that does deep research into the supply chain we're going to talk about that you try to uncover as i understand it under-appreciated industrial tech firms and some really pretty cool areas that we list here but tell us a little bit more about your background and your etf so thanks for having me david my background is in industrial research and industrial technology investments i've spent the past 15 years covering this space and what we've seen over the past five years is technology changes that are really driving fundamental shifts in industrial manufacturing processes so whether this is 5g connectivity innovation in the software stack increasing compute speeds all of these are major technological advancements that are impacting uh traditional manufacturers so what we try to do is assess speak to these firms and assess who is at the leading and who is at the lagging end of this digital transformation and we're trying to assess what vendors they're using what processes they're implementing and that is how we generate most of our investment ideas okay great and and we show on the bottom of of this sort of intro slide if you will uh so one of the processes that you use and one of the things that that is notable a lot of people compare you uh to kathy woods are investments when you came out uh i think you use a different process i mean maybe there are some similarities in terms of disruption but at the bottom of this slide it shows a mckinsey sort of graphic that that i think informs people as to how you really dig into the supply chain from a research standpoint is that right absolutely so for us it's all about understanding the supply chain going deep in the supply chain and gather data points from primary sources that we can then translate into investment opportunities so if you look at this mckinsey graph uh you will see that there is a lot of opportunity to for these companies to transform themselves both on the front end which means better revenue better products and on their operation side which means lower cost whether it's through better operations or through better processes on the the back end so what we do is we will speak to a traditional manufacturing company and ask them okay well what do you use for better product development and they will give us the name of the firms and give us an assessment of what's the differences between the competitors why they like one versus the other so then we're gonna take the data and we will put it into our financial model and we'll understand the broader market for it um the addressable market the market share that the company has and will project the growth so for these higher growth stocks that that you cover the main alpha generation uh potential here is to understand what the amount of growth these companies will generate over the next 10 to 20 years so it's really all about projecting growth in the next three years in the next five years and where will growth ultimately settle in in the next 10 to 20 years love it we're gonna have a fun conversation because today we're going to get into your thesis for cooper snowflake and z scalar we're going to bring in some of our own data some of our data from etr and and why you think these companies may be candidates for long-term growth and and be buy the dip stock so to do that i hacked up this little comparison slide we're showing here i do this for context our audience knows i'm not a cfa or a valuation expert but we like to do simple comparisons just to give people context and a sense of relative size growth and valuation and so this chart attempts to do that so what i did is i took the most recent quarterly revenue for cooper snowflake and z scalar multiplied it by four to get a run rate we included servicenow in the table just for baseline reference because bill mcdermott as we've reported aspires to make service now the next great enterprise software company alongside with salesforce and oracle and some of the others and and all these companies that we list here that through the three here they aspire to do so in their own domain so we're displaying the market cap from friday morning september 10th we calculated a revenue run rate multiple and we show the quarterly revenue growth and what this data does is gives you a sense of the three companies they're well on their way to a billion dollars in revenue it underscores the relationship between revenue growth and valuation snowflake being the poster child for that dynamic savannah i know you do much more detailed financial analysis but let's talk about these companies in order maybe start with koopa they just crushed their quarter i mean they blew away consensus on the top line what else about the company do you like and why is it on your by the dip list so just to back up david on valuation these companies investors either directly or indirectly value on a dcf basis and what happened at the beginning of the year as interest rates started increasing people started freaking out and once you plug in 100 basis points higher interest rate in your dcf model you get significant price downside so that really drove a lot of the pullback at the beginning of the year right now where we stand today interest rates haven't really moved all that significantly off the bot of the bottom they're still around the same levels maybe a little bit higher but those are not the types of moves that are going to drive significant downside in this stock so as things have stabilized here a lot of these opportunities look pretty attractive on that basis so koopa specifically came out of our um if you go back to that uh the chart of like where the opportunities lie in um in across the manufacturing uh um enterprise koopa is really focused on business pen management so they're really trying to help companies reduce their cost uh and they're a leader in the space uh they're unique uh unique in that they're cloud-based so the feedback we've been hearing from from our companies that use it jetblue uses it train technologies uses it the feedback we've been hearing is that they love the ease of implementation so it's very easy to implement and it drives real savings um savings for these companies so we see in our dcf model we see multiple years of this 30 40 percent growth and that's really driving our price target yeah and we can i can confirm that i mean i mean just anecdotally you know you know we serve a lot of the technology community and many of our clients are saying hey okay you know when you go to do invoicing or whatever you work with procurement it's koopa you know this is some ariba that's kind of the legacy which is sap we'll talk about that a little later but let's talk about snowflake um you know snowflake we've been tracking them very closely we know the management there we've watched them through their last two companies now here and have been following that company early on since since really 2015. tell us why you like snowflake um and and maybe why you think it can continue its rapid growth thanks david so first of all i need to compliment you on your research on the company on the technology side so where we come in is more from understanding where our companies can use soft snowflake and where snowflake can add value so what we've been hearing from our companies is the challenge that they're facing is that everybody's moving to the cloud but it's not as simple as just send your data to the cloud and call aws and they're gonna generate more revenue for your solve your cost problem so what we've been hearing is that companies need to find tools that are easy to use where they can use their own domain expertise and just plug and play so um ansys is one of the companies we covered the dust simulation they've found snowflake to be an extremely useful tool in sales lead generation and within sales crm systems have been around for a while and they're they've really been implemented but analyzing sales numbers is something that is new to this company some some of our companies don't even know what their sales are even when they look back after the quarter is closed so tools like this help um companies do easy analytics and therefore drive revenue and cost savings growth so we see really big runway for for this company and i think the most misunderstood part about it is that people view it as a warehousing data warehousing play while this is all about compute and the company does a good job separating the two and what our their customers like or like the companies that we cover like about it is that it can lower their compute costs um and make it much easier much more easily manageable for them great and we're going to talk about more about each of these companies but let's talk about z-scaler a bit i mean z-scaler is a company we've been very excited about and identified them kind of early on they've definitely benefited from the move to cloud generally and specifically the remote work uh situation with the cyber threats etc but tell us why you like z-scaler so interestingly z-scaler um we like the broader security space um the broader cyber security space and interestingly our companies are not yet spending to the level that is commensurate with the increase in attack rate so we think this is a trend that is really going to accelerate as we go forward um my own board 20 of the time on the last board meeting was spent on cyber security what we're doing and this is a pretty simple operation that that we're running here so you can imagine for a large enterprise with thousands of people all around the world um needing to be on a single simple system z-scaler really fits well here very easy to implement several of our industrial companies use it siemens uses it ge uses it and they've had great great experience with it excellent i just want to take a quick look at how some of these names have performed over the last year and and what if anything this data tells us this is a chart comparing the past 12 months performance of of those four companies uh that we just talked about and we added in you know servicenow z scalar as you can see has outperformed the other despite your commentary on discounted cash flow snowflake is underperformed really precisely for the reasons that you mentioned not to mention the fact that it was pretty highly valued and you can see relative to the nas but it's creeping back lately after very strong earnings even though the stock dropped after it beat earnings because the street wants the cfo to say to guide even higher than maybe as mike scarpelli feels is prudent and you can see cooper has also underperformed relatively speaking i mean it absolutely destroyed consensus this week the stock went up but it's been off with the the weaker market this week i know you like to take a longer term view but but anything you would add here yeah so interestingly both z-scaler and koopa were in the camp of as we went into earnings expectations were already pretty high because few of their competitors reported very strong results so this scalar yesterday their revenue growth was was pretty strong the stock is down today uh and the reason is because people were kind of caught up a little bit in the noise of this quarter growth is 57 last quarter it was 60 like is this a deceleration we don't see it as that at all and the company brought up one point that i thought was extremely interesting which is as their deal sizes are getting larger it takes a little longer time for them to see the revenue come through so it takes a little bit of time to for you to see it into from billings into into revenue same thing with cooper very strong earnings report but i think expectations were already pretty high going into it uh given the service now and um and anna plan as well reported strong results so i think it's all about positioning so we love these setups where you can buy the deep in on this opportunity where like people get caught up in um short-term noise and and it creates good entry points excellent i i want to bring in some data from our partner etr and see if you have any comments ivana so what we're showing here is a two-dimensional chart we like to show this uh very frequently it's based on a survey of between a thousand and fifteen hundred chief information officers and technology buyers every quarter this is from their most recent july survey the vertical axis shows net score which is a measure of spending momentum i mean this it measures the net percentage of customers in the survey that are spending more on a particular product or platform in other words it essentially subtracts the percentage of customers spending less from those spending more which yields a net score it's more granular than that but basically that's what it does the horizontal axis is market share or pervasiveness in the data set it's not revenue market share like you get from idc it's it's a mention market share and now that red dotted line at the 40 percent mark on the vertical represents an elevated level in other words anything above 40 percent we consider notable and we've plotted our three by the dip companies and included some of their competitors for context and you can see we added salesforce servicenow and oracle and that orange ellipse because they're some of the bigger names in the software business so let's take these in alphabetical order ivana starting with koopa in the blue you can see we plotted them next to sap's ariba and you can see cooper has stronger spending momentum but not as much presence in the market so to me my influence is oh that's an opportunity for them to steal share more modern technology you know more facile and of course oracle has products in this space but the oracle dot includes all oracle products not just the procurement stuff but uh maybe your thoughts on this absolutely i love this chart i think that's your spot on this would be the same way i would interpret the chart where um increased spending momentum is is a sign of the company providing products that people like and we we expect to see cooper's share grow market share grow over time as well so let's come back to the chart and i want to i want to really point out the green ellipse this is the data zone if you will uh and we're like a broken record on this program with snowflake has performed unbelievably well in net score and spending momentum every quarter the dtr has captured enough end sample in its survey holding near or above 80 percent its net score consistently is has been up there and we've plotted data bricks in that zone it's been expected right that data bricks is going to do an ipo this year late last month company raised 1.6 billion in a private round so i guess that was either a strategy to delay the ipo or raise a bunch more cash and give late investors a low risk bite at the apple you know pre-ipo as we saw with snowflake last year what we didn't plot here are some of snowflake's biggest competitors ivana who also happen to be their partners most notably the big cloud players all who have their own database offerings aws microsoft and google now you've said snowflake is much more than a database company i wonder if you could add some color here yeah that's a very good point david uh basically the the driver of the thesis in snowflake is all about acceleration and spending and what we are seeing is the customers that are signed up on their platform today they're not even spending they're probably spending less than five percent of what they can ultimately spend on this product and the reason is because they don't yet know what the ultimate applications are for this right so you're gonna start with putting the data in a format you can use and you need to come up with use cases or how are you actually going to use this data so back to the example that i gave with answers the first use case that they found was trying to optimize leads there could be like 100 other use cases and they're coming up with with those on a daily basis so i would expect um this score to keep keep uh keep up pretty high or or go even higher as we as people figure out how they can use this product you know the buy-the-dip thesis on snowflake was great last quarter because the stock pulled back after they announced earnings and when we reported we said you know mike the the company see well cleveland research came out remember they got the dip on that and we looked at the data and we said mike scarpelli said that you know we're going to probably as a percentage of overall customers decelerate the net net new logos but we're going deeper into the customer base and that's exactly what's happening with with snowflake but okay let's bring up the slide again last but not least the z scaler we love z scalar we named z scaler in 2019 as an emerging four-star security company along with crowdstrike and octa and we said these three should be on your radar and as you see we've plotted z scalar with octa who with its it's its recent move into to converging identity and governance uh it gets kind of interesting uh we plotted them with palo alto as well another cyber security player that we've covered extensively we love octa in addition to z-scaler we great respect for palo alto and you'll note all of them are over that 40 percent line these are disruptors they're benefiting well not so much palo alto they're more legacy but the the other two are benefiting from that shift to work from home cloud security modern tech stack uh the acquisition that octa-made of of of auth0 and again z scalar cloud security getting rid of a lot of hardware uh really has a huge tailwind at its back if on a zscaler you know they've benefited from the huge my cloud migration trend what are your thoughts on the company so i actually love all three companies that are there right and the point is people are just going to spend more money whether you are on the cloud of the cloud the data centers need more security as well so i think there is a strong case to be made for all three with this scaler the upside is that it's just very easy to use very easy to implement and if you're somebody that is just setting up infrastructure on the cloud there is no reason for you to call any other competitor right with palo alto the case there is that if you have an established um security platfor if you're on their security platform the databa on the data center side uh they they did introduce through several acquisitions a pretty attractive cloud offering as well so they've been gaining share as well in the space and and the company does look pretty attractive on valiation basis so for us cyber security is really all about rising tide lifts all boats here right so you can have a pure play like this scaler uh that benefits from the cloud but even somebody like palo alto is pretty well positioned um to benefit yeah we think so too over a year ago we reported on the valuation divergence between palo alto and fortinet fortinet was doing a better job moving to the cloud and obviously serves more of a mid-market space palo alto had some go-to-market execution challenges we said at the time they're going to get through those and when we talk to chief information security officers palo alto is like the gold standard they're the thought leader they want to work with them but at the same time they also want to participate in some of these you know modern cloud stacks so i we agree there's plenty of room for all three um just to add a bit more color and drill into the spending data a little bit more this slide here takes that net score and shows the progression since january 2019 and you can see a snowflake just incredible in terms of its ability to maintain that elevated net score as we talked about and the table on the insert it shows you the number of responses and all three of these companies have been getting more mentions over time but snowflake and z scale are now both well over 100 n in the survey each quarter and the other notable piece here and this is really important you can see all three are coming out of the isolation economy with the spending uptick nice upticks shown in the most recent survey so that's again another positive but i want to close ivana with kind of making the bull and bear case and have you address really the risks to the buy the dip scenario so look there are a lot of reasons to like these companies we talked about them cooper they've got earnings momentum you know management on the call side had very strong end market demand this the stock you know has underperformed the nasdaq you know this year snowflake and zscaler they also have momentum snowflake get this enormous tam uh although they were punished for not putting a hard number on it which is ridiculous in my opinion i mean the thing is it's huge um the investors were just kind of you know wanting a little binky baby blanket but they all have modern tech in the cloud and really importantly this shows in the etr surveys you know the momentum that they have so very high retention is the other point i wanted to make the very very low churn of these companies however cooper's management despite the blowout quarter they gave kind of underwhelming guidance they've cited headwinds uh they've with the the the lamisoft uh migration to their cloud platform snowflake is kind of like price to perfection so maybe that's an advantage because every every little negative news is going to going to cause the company to dip but it's you know it's pretty high value because salutman and scarpelli everybody expects them to surpass what happened at servicenow which was a rocket ship and it could be all argued that all three are richly priced and overvalued so but ivana you're looking out as you said a couple of years three years maybe even five years how do you think about the potential downside risks in in your by the dip scenario you buy every dip you looking for bigger dips or what's your framework there so what we try to do is really look every quarter the company reports is there something that's driving fundamental change to the story or is it a one-off situation where people are just misunderstanding what the company is reporting so in the case we kind of addressed some of the earnings that that were reported but with koopa we think the man that management is guiding conservatively as they should so we're not very concerned about their ability to execute on on the guidance and and to exceed the guidance with snowflake price to perfection that's never a good idea to avoid a stock uh because it just shows that there is the company is doing a great job executing right so um we are looking for reports like the cleveland report where they would be like negative on the stock and that would be an entry point uh for us so broadly we apply by the deep philosophy but not not if something fundamentally changes in the story and none of these three are showing any signs of fundamental change okay we're going to leave it right there thanks to my guest today ivana tremendous having you would love to have you back great to see you thank you david and def you definitely want to check out sprx and the spear etf now remember i publish each week on wikibon.com and siliconangle.com these episodes they're all available as podcasts all you do is search breaking analysis podcasts you can always connect with me on twitter i'm at d vallante or email me at david.vellante at siliconangle.com love the comments on linkedin don't forget to check out etr.plus for all the survey action this is dave vellante for the cube insights powered by etr be well and we'll see you next time [Music] you

>> Hey, welcome back, everybody. Jeff Frick here with theCUBE. We're at PagerDuty Summit. It's our first time at PagerDuty Summit and Pier 27, our first time to this cool venue. It's right on the water between the Bay Bridge and Pier 39, beautiful view outside. Unfortunately, the fire smoke's a little over-the-top. But we're excited to have one of our favorite guests, Jennifer Tejada. She's the CEO at PagerDuty. Jennifer, great to see you. >> Thank you. It's so great to be back, Jeff. >> Absolutely. So this is, what, your second PagerDuty Summit? >> This is our second PagerDuty Summit. >> 500-some-odd people? >> I think we've had 700 through the door already. We've got a few hundred streaming online. Almost twice what we did last year. So we're really excited. We're still in the infancy stages of sponsoring an industry event, and we've been really focused on trying to make it a little different to insure that people walk away with actionable insights, and best practices and learnings they can take immediately back to their teams, and to their companies. So we've had just some awesome guest speakers and panelists here today, and it's been a lot of fun. The PagerDuty band played live at lunch. >> That's right, I saw them at lunchtime. >> Yeah, which was great. So we're having a good time. >> What are they called? The On-Calls. >> The On-Calls. I let them name themselves. >> And so, you've been here a year now. So, how are things moving, how are you moving the company along since you got here? What are some of the strategic things that you've been able to execute, and now you're looking forward? >> So, it's just been an incredible year, honestly. You always hope for a number of things when you come into a new role. You hope that the team rallies around the business. You hope that the opportunity is as significant as you thought it would. You hope that there aren't more bad surprises than you think there are going to be. PagerDuty's been so unique, in that there have been more good surprises than bad surprises. There's so much potential to unlock in the business. But probably the thing that's most amazing about it is the people, the community, and the culture around PagerDuty, and just the sense of alliance towards making the engineering world work better to insure that customer experience and employee experience is better. There's just a real sense of duty there, and there's a sense that the community is there with you trying to make it happen, as opposed to working against you. So a lot of our innovation this year, and I mean, we've released tons of new technology product, including machine learning and analytics, and going from reactive and responsive to proactive. There's a lot of stuff happening. So much of that has come from input from our practitioner community and our customer base. You just don't always have that kind of vocal engagement, that proactive, constructive engagement from your customer base, so that's just been amazing. And the team's awesome. We've expanded into the UK and western Europe over this summer. We opened an office in Sydney recently. We've shifted from being a single-product company to a platform company. We've more than doubled in size, 150 people to over 350 people. We're in 130 countries now, in terms of where our customer base lives, and just around 10 thousand customers, so really, really amazing progress. Sometimes I feel like we're a little bit of a teenage prodigy, you know? We're growing super fast, other kids are starting to learn how to play the piano. It's a little awkward, but we're still really good at what we do. I think the thing that keeps us out in front is our commitment, and all of our efforts being in service to making both the lives better of the practitioners in our community, and creating quantifiable value for our enterprise customers. >> It's interesting to focus on the duty, because that kind of came with the old days of when you were the person that had to wear the pager, right? Whether you're a doctor on call, or you were the IT person. So it's an interesting metaphor, even though probably most of the kids here have never seen a pager. >> No, I remember as a kid, my dad was in healthcare, and he had a pager, and you knew that when the pager went off, it was time. You were on-duty, you were out. And there's an honor in duty, and it is a service to the organization. Adrian Cockcroft was here this morning, VP of architecture from AWS, and known for cloud architecture that he built out at Netflix. And he said something really interesting, which is, he believes all people should be on-call, because you need the pain to go where it's most useful. And if everybody's on-call, it also creates this kind of self-fulfilling cycle. If you know you're going to be on-call, you build better code. If you know you're going to be on-call on the weekend, you don't ship something stupid on Friday night. If you know you're going to be on-call and you're a non-technical person, you align yourselves with people who are technical that can help you when that happens. So there's something sort of magical that happens when you do have that culture of being available on the spot when things don't go as planned. >> And now you've got a whole new rash of technology that you can apply to this, in the area of artificial intelligence and machine learning. Wonder if you could share a little bit, where is that now taking you for the next step? >> I think the biggest opportunity with machine learning for us is that, over the last eight years, we've been collecting a tremendous amount of data. And AI and machine learning are only as good as the data they sit on top of. So we have three really interesting data sets. We have the events and the signals that come from all of the machine instrumentation, the applications, the monitoring environment, the ticketing platforms that we integrate directly to. We have information around the workflow, what works best for most of our customers, what doesn't work. What's the best agile-centric DevOps related workflow that enables ultimate response and ultimate availability and resilience for customers. And then finally, what's going on with the people? Who are the people that work the hardest for you? Who are the people that have the subject matter expertise to be the most useful when things aren't working the way they should? You bring all of that together, and you build a model that starts to learn, which immediately means you can automate a lot of manual process. You can improve the quality of decisions, because you're making those decisions in context. An example would be, if an incident pops up, we see it in the form of a signal or a set of events. And our machine learning will recognize that we've actually seen those events before. And the last time this happened, here's what the outcome was, here's what went well and not so well, here's how you fixed it, and here's the person who was on top of it, here's the expert you need to call. So I've immediately shortened the distance between signal and action. I've gotten the people, now, that are going to come in to that process to respond to either a problem or an opportunity, are already much more prepared to be successful quickly, efficiently, and effectively. >> So you've shortened it and you've increased the probability of success dramatically. >> Exactly. And maybe you don't even need a person. That person can go off and do other more important proactive work. >> But you're all about people. And we first met when you were at Keynote and we brought you out for a Women in Tech interview. So you had a thing on Tuesday night that I want for you to share. What did you do Tuesday night? >> I was just super moved and inspired and excited. I've had the opportunity to attend lots of diversity events, lots of inclusion events, a lot of support groups, I'm asked to speak a lot on behalf of women and under-represented minorities, and I appreciate that, and I see that as my own civic duty to help lead the way and set an example, and reach back for other people and help develop younger women and minorities coming up. But I've found that a lot of these events, it's a bunch of women sitting in a room talking about all the challenges that we're facing. And I don't need to spend more time identifying the problem. I understand the problem. What I really wanted to do was bring together a group of experts who have seen success, who have a demonstrable track record for overcoming some of these barriers and challenges, and have taken that success and applied it into their own organizations, and sort of beating the averages in terms of building inclusive, diverse teams and companies. So Tuesday was all about one, creating a fun environment, we had cocktails, we had entertainment, it was in a great venue at Dirty Habit, where we could have a proactive, constructive, action-oriented conversation about things that are working. Things that you can hear from a female leader who's a public company executive, and take that directly back to your teams. Expert career advice, how some of these women have achieved what they have. And we just had a phenomenal lineup. Yvonne Wassenaar, who's the CEO of Airware, and Andreessen Horowitz come, theCUBE alumni, previously CIO at New Relic. We had Merline Saintil, who's the head of operations for all of product and technology for Intuit. Sheila Jordan, the CIO of Symantec. We had Alvina Antar, who's the CIO at Zuora. And, I'm missing one ... Oh, Rathi Murthy, the CTO at the Gap. And so, just quite an incredible lineup of executives in their own right. The fact that they happen to be a diverse group of women was just all the more interesting. And then we surprised the organization. After about 45 minutes of this discussion, sharing key learning, sharing best practices, we brought in the San Francisco Gay Men's Chorus, who are just embarking, in the next 10 days, on a trip called the Lavender Pen Tour, where they're looking to spread love, hope, and social justice, and proof that diversity delivers results, in the southern states, where equality equals gender equality, and I think challenges for equal opportunity for the LGBTQ community are really significant. And Mikkel Svane, who's the CEO of Zendesk, introduced me to Chris, the director there, about a week before, and I was so inspired by what they're doing. This is a group of 450 volunteers, who have day jobs, who perform stunning shows, beautiful music together, that are going to go on four buses for 11 days around the Deep South, and I think, make a big difference. And they're taking the Oakland Interfaith Gospel Choir with them. So just really cool. So they came, and I mean, when's the last time you went to a diversity event and people were singing, and dancing, and toasting? It was just really different, and everybody walked away learning something new, including the number of male executives, champions that I asked to come as my special guest, to support people in building sponsorship, to support these women and these under-represented minorities in finding connections that can help them build their own careers, they learned a lot at the event. It was incredible. I'm really proud of it, and it's the start of something special. >> I love it. I mean, you bring such good energy, both at your day job, and also in this very, very important role that you play, and it's great that you've embraced that, and not only take it seriously, but also have some fun. >> What's the point if you're not going to have fun? You apply the growth mindset to one of the biggest problems in the industry, and you hack it the same way you would a deeply technical problem, or a huge business problem. And when we get constructive and focused like that, amazing things happen. And so I now have people begging to be on the next panel, and we're trying to find the next venue, and got to come up with a name for it, but this is a thing. >> And oh, by the way, there's better business outcomes as well. >> I mean, I did a ton of business that night. Half that panel were customers that are continuing to invest and partner with PagerDuty, and we're excited about the future. And some of those women happen to be machine learning experts, for instance. So, great opportunity for me to partner and get advice on some of the new innovation that we've undertaken. >> Well, Jennifer, thanks for inviting us to be here. We love to keep up with you and everything that you're doing, both before and in your current journey. And congrats on a great event. >> My pleasure. Absolutely. Thanks for having me. >> She's Jennifer Tejada, I'm Jeff Frick. You're watching theCUBE from PagerDuty Summit. Thanks for watching. (upbeat music)

>> From Phoenix, Arizona, theCUBE. At Catalyst Conference, here's your host Jeff Frick. (soft music) >> Hey Jeff Frick here with theCUBE. We're in Phoenix, Arizona at the Girls in Tech Catalyst Conference. About 400 people. The fourth year of the conference. Really getting together, talking about women in tech issues. Something in the water, here in Phoenix. We were here two years ago at the Grace Hopper Celebration of Women and Computing, also just down the road. So we're happy to be here and really get a feel. And bring to you some of the leaders here, that are making things happen. We're really excited by our next guest, Coco Brown, the founder and CEO of the Alena Alliance, or Athena Alliance, excuse me, welcome. >> Thank you. >> So the Athena Alliance, what's it all about? >> Well so the Athena Alliance is an organization of executive women who've achieved great success in their careers. And they have vision collectively of women operating at their highest level of impact. And within the context of a business leadership realm, that highest level really is the boardroom. And so our mission is to help women obtain board seats and be successful in the role. >> So there's a lot of conversations about board. It seems to be kind of the new hot button topic about inequality. There's certainly ton of conversations about inequality and pay highlighted recently by the women's national soccer team, which got a lot of buzz. And I think everyone knows that conversation that's been going on for a while. But the boardroom conversation is kind of new. It's kind of bubbling up. Or at least that's my sense of it, that barely have cracked the surface in terms of historical numbers in getting women representation on boards. >> Yeah. >> Why does that continue to be a problem? Is it a pipeline issue? Is it a match making issue? Is it a networking issue? Is it just, I just don't know? What is the issue? >> It's not a pipeline issue. And so what's happened in this discussion is there were some, sort of, pretty notable examples of situations where women raised their hands and said, hey where are the women on these boards. And the response was, well where are the women? Which kind of created this energy around the topic a lot more strongly more recently. Which is to say, there are a lot of qualified women out there who would be great board directors. And yet the positions of board director are gate kept by largely men. This is just the circumstance. Men are the ones who back companies. They're their VCs, they're the founders, they're the CEOs. And within their networks, they don't have a lot of women. Executive women. Likewise, executive women tend to seek each other out too. So we're not in each other's realms. So a lot of the conversation has been around raising awareness to the issue. There's been great tracking of exactly where is the issue. And how are we making progress. And then there's been a lot of great organizations that have been helping women get ready for board positions, training them. And thirdly, there's a lot of great organizations out there who are, essentially, identifying qualified women, and cataloging them, putting them in data bases and saying, hey no excuses, here they are. But the key missing element and my feeling as to why the problem continues to persist, part of it is just time. It's just going to take time. But part of it is also, really networking, what you said. It is about networking. It is that the women who want these positions and who are qualified for these positions need to know the men who are looking for board directors. And when you actually connect, make those two connections happen, you get incredible success. And we're seeing it already. >> Or as the age old advice, it's not who you know, but who knows you. >> Yes! >> It used to always be the other way around. But it's really who knows you. And we live in such a time of personal branding and external communication via LinkedIn, Twitter, blogs, medium, however you choose to externalize your professional position. And it kind of gets intermingled with your personal position. There really is not much excuse, at least, to make the attempt, to get yourself out there. >> Exactly, it's why. So there's 16 of the speakers here at this conference, are Athena Alliance women. And part of the reason we're here, we're here because this is such a noble and important and fantastic event for us to participate in. The other reason we're here is because this is apart of our way of getting known too, right. Of becoming more visible. Of making our brand, personal brand known. So this is one of those key things about who knows you that we should and need to be doing. >> So how many Athena foundation women are in executive boards now? >> So Athena Alliance is relatively new. So we're just getting started. About 50% of, 47% of the women associated with Athena Alliance are already on boards. >> That's pretty good, 47%. >> Yes, largely those are non-profit boards. >> Okay. >> They also are on a fair number of advisory boards. And they're now looking for the private boards and corporate boards and they're looking for public boards as well. >> And do you see that as kind of a logical stepping stone between an advisory board, a non-profit board, potentially a private company board, a VC company and then to a larger public entity. Is that kind of? >> Yeah I see it two ways. On the one hand, it's stepping stones and on the other, we have a variety of careers. So let's take me for example. I ran and was an owner of a privately held company. We reached about 50 million dollars in revenue before I sold my ownership, moved on. I'm qualified for a certain kind of a board. I'm qualified for a private board of a certain type of growth, sort of trajectory or stage. Others like Yvonne, who you spoke with, she's qualified for public boards of a different size. So some of it is what we're qualified for and what we can really contribute to and some of it is stepping stones. So for example, advisory boards are a great stepping stone. You get absolutely zero board credit for being on an advisory board, 'cause it doesn't have fiduciary responsibilities. >> No fiduciary responsibility. >> Right. But it's incredible network experience. It's a great way to get to know CEOs, to get to know VCs, to make yourself known as a candidate for other aspects of that company. >> Where do you see the natural networking opportunities? 'Cause clearly there's networks that exist around where you went to school. There's networks around, increasingly alumni groups, within companies, especially a big company like an Intel or an HP, where you got these huge alumni groups, 'cause they've been around for so long. Where are some of the other natural alumni groups that then cross over that are going to allow rubbing of shoulders with the old school guy board members with some of these women that are trying to break through? >> Yeah it's interesting. I think that is a really good opportunity space because I do see that mostly, the networking pods, if you will, are within school alumni groups, or corporate alumni groups, or organizations that women belong to. But that are largely then just women organizations. Or maybe some industry organizations. And industry boards are a great way to make that connection point. But I don't think that women do have opportunities of overlap with men in those organizations and those networking communities. So the way it has to happen is, I think we have to make it happen. So it's almost like, creating mixers. We need some mixers, right? Male VCs mixed with Athena Alliance women. Let's get together. We actually have an event coming up like that. Where you can have some men and women in the same room. They get to get a sense of each other. Those you do start seeing more of that going on and it's kind of essential. >> 'Cause you really need that right? I mean, they are networks. And everything going on today is all about networks, whether it's IOT or social media or whatever. It's networks and they're all naturally bound by something but how do you get that overlap from one network to the other when there's not enough overlap to really make the activity that you're seeking. Of course, there's always CUBE alumni, which is a terrific network. So we'll use that as a founding point. >> Absolutely. Well and Dan Scholnick, who is a general partner with Trinity, he's on a number of boards. He's speaking at an event for the Athena Alliance on a panel coming up. And he's got board openings in the variety of boards that he's on. Those are the kinds of connections. Make opportunities for Dan to be in the same room as a number of these great women. I think we just have to create it. >> It's interesting, interesting. 'Cause it is all about the connection, right. You got to know people and you got to put the word out. Nobody ever got a board seat sending out a resume. I don't know. How many come from executive head hunters? I never got a job from executive head hunters. It's really more about who you know. >> And executive recruiters only actually fill about one to two percent of board seats. It's only the top companies with the deepest pockets or the greatest pressure that can do that. >> Okay so what are your priorities for the next six months, nine months, what are your top things your guys are working on at the Alliance? >> So we're relatively new, so big, big priority for us is funding. We're also scaling. So scaling is one of the important things. In other words, scaling our relationships with those VCs, with CEOs, and starting to create great linkages through these networking events. >> All right, well Coco, thank you for taking a few minutes. >> Thank you. >> Absolutely and good luck with the Alliance. It sounds like you guys are on your way. We see increasingly, we did a show at SAP in conjunction with MAKERS and they got a great movie about some of the women who just broke down barriers in advertising, fashion, finance, tech, et cetera. Meg Whitman, among many women highlighted there. And it's tough to break down that door. When the first one gets through, hopefully they leave a little space for somebody else to scooch in behind them. >> Yeah, yeah. >> Absolutely. All right, Jeff Frick here with Coco Brown. We are the Girls in Tech Catalyst Conference, Phoenix, Arizona. You're watching theCUBE. See you next time. (soft music)

>> A cube at DMC World twenty fourteen is brought to you by D. M. C. Redefine, see innovating the world's first converged infrastructure solution for private cloud computing brocade. Say goodbye to the status quo and hello to Brocade. >> Welcome back to the Cube. This silken angle TVs live wall to wall Coverage of DMC World twenty fourteen here in the Sands Convention Center in Las Vegas. We've got three days to stage is over eighty guests. Lots of practitioners, execs, business leaders got a special segment. I'm bringing you today, bringing onto two thirds of the geek whispers, podcasts, Those in the story for the virtual ization and Claude Communities. No art is to guess. Well, let me introduce it's John Troyer, who's making his debut as the founder of tech reckoning. >> Thanks for having me. >> And we've got Amy Lewis influence marketing from Cisco. Name is your first time on the Cube, so, you know, welcome to the program. >> Thank you for having me on. >> All right, so So, guys, you know, we've been to a lot of conferences way we've hung out with, You know, the various influencers bloggers. It's changed a lot. This is my twelfth year coming M. C World. If you had told me twelve years ago some of things I'd be doing at this show, I wouldn't have believed you. I mean, I was one of the guys in a polo that only got out of out of the office once a year to give a presentation and, you know, talks in people about some cool tak um, and you know, social media is one of those things that, you know turn my career. Eleven. So you know what? Let's have a conversation about what's going on in the industry with kind of community influences and everything. John, maybe you could start us often. You know, Maybe if it leads in tow your new gigs? >> Sure, sure, on one on one, and things have changed. On the other hand, the same dynamics are playing out. Buying the buying cycle has changed. The buying process has changed. Customers are looking much more to their peers and not to traditional media analysts. Marketing folks, they can't find more ads. You can't send out more E mail. So what do you do? You need to get part of the conversation. We've been saying that for five or ten years, that's actually happened. Now the folks that were early on into the blogging space have turned themselves into communicators as well as technologists. We've seen, you know, their careers have have gone and all sorts of interesting places, for instance, you. But I think now that even we could talk about his art Is blogging dead? But I think now we're seeing it. We're seeing social media not as a trade or a practice practice, but simply a tool set that we all use. So that's all I'm saying is it's a It's more of a it spread throughout our organization. Not so much in one tiny niche, right? >> Yeah, Jonah, I love that point. I I I've been preaching for a bunch of years that this is an important skill, something you have to have their wonderful tools. But you've been doing community for a lot longer than Social Media has been around, and, you know, so it's peace, Amy, your influence marketing. What would please way out on this? >> Yeah, I chose the title, actually myself on purpose. To say it's not just social media, think social Media is very important, but like John was saying that to me is a set of tools. They're important platforms or important communications channels, but influencers the people who between the term citizen analysts they are unpaid analyst. But people are very passionate about technology, and they want to write on block and share, really engage their community. That's an important group of people. It's a really a buying center, and we have to find new ways to address them. So community is more important than >> ever. Citizen analysts thought, Let's focus that >> some of the >> people you know, I say some people goto event and they get it, get it, get wined and dined and they get to, you know, write about a bunch of stuff I'm like, you know you're better than journalists, you know, you'll You know you do some really good stuff and sometimes it's a little bit too friendly to the people that are doing it. So you know where do you see the role of kind of the press? You know, the analyst and the influencer? >> It's a great question I've been checking. We need to abstract the or chart. It is. It is a complicated question, but I think the traditional presses really trained and rightfully so in giving us that neutrality. So that is still a very important role. I think the analysts are paid Tio Tio, analyze particular sets, etcetera. They have nation specialty. I think the citizen analyst is interesting because they are what you don't know about the neutrality. But you do know that there are people who roll up their sleeves and really touched the technology. So that becomes a very interesting set because they really care about the technology Kazakh but could become their problem if they don't, you know, raise our voice and sort of engaged with technology and let the community know what, what the new trends are, what they need, what business needs. Our etcetera gives us a really applied version, the PR in the e R outside. >> Don't you want to comment on matter? >> I mean, these are the folks that they lose their jobs if they picked the wrong technology. So they have much more. Their discussions have it. They have more skin in the game. >> Aye, that's right. If you've got the practitioner, you know whether it be the end user sometime times it's the you know channel guy that they do that that's good, You know? What about the people inside the corporations that are also using these? >> I'm super bullish about the use of employees as advocates and evangelists in our community, both for technical education. And for the commercial part of our conversation in the enterprise space, we don't sell solutions with Russia. Your hair's a pressure and very nice calm. Give me a call. We sell it with relationships with people. I've been working on the social media since it existed, I suppose. And what we've seen over and over again is the social channels are really great for getting the word out. But without that personal component, it's like just handing out brochures. So you need your employees out there. You need your employees talking to folks. You need your employees without their representing your brand, just like they would have an event. I've seen that at something. On one hand, it's something that's so trivial that we all agree it's true. On the other hand, I don't. I think a lot of people are just realizing that now. >> So, John, you know, there's some some big companies, you know, creative certification programs to do some of this. There's some companies that just, you know, sign everybody up and, you know, it could be kind of an echo chamber or things like that. You know what? What do you see in these days? To kind of help out. You know the community >> well. There's a lot of software and a lot of programmatic things you could do. Those may be useful in terms of organizing you. It comes down to the people in the culture of the company and help much. You trust your people to go out. I think the best thing we can do is sit up platform for folks to be able to, to communicate. I think that's actually what Amy does really well at Cisco. >> X. It's, um I always talk about influence marketing as being people, platforms in content. And so I agree. I think that we sorted out some of the platform issues as we've learned about social media and grew up with it. I think that we are still working out the people in the content side and what's appropriate, how we can join together and do that and how we can creates a mute platforms may be using the tools of social tio to drive the conversation forward. >> All right. So, I mean, I got one for you. You know, how do we balance the kind of creation of information and kind of the community and fund? I mean, you do a lot of fun event you've got, you know, awful club this week. You've got, you know, bacon, stack and B bacon and bacon. I e I mean, I can't keep track of you, deport vacants and everything. And, you know, there'd be some executives here that would be like that, That social stuff. And they're playing games and things like that. So how do we balance kind of attic business value and greeting, you know, value to the community. And, you know, having fun in building community. >> No, it's a great question. A couple of years ago, I got a text in the middle of the night that said, Please explain to me how the bacon is a marketing play. Please explain this and you know, I need a power point slide. So if you've never had to explain, be bacon on the power points, I for that challenge out to everyone. But I think in the last couple of years people started to see it more and more as we're, uh, we're similar to the sales role, and that's how we've sort of changed the language. So I perform a sales like function, except I don't carry a quota. So it is about building the relationship like John was saying, and it is about balancing fun with your intent. So I think that if you create a fun environment, if you create an openness and willingness to listen, then the good things will follow. So you form the relationships of people. You open up their ability to create content with you because they don't feel under attack. They're ready to share. And again, it's it's kind of a magical formula. Be nice and create opportunity. >> Yeah, so >> I think we'll part of it's a generational ship. I think part of it a generational shift and part of it is a temperamental she So tradition again, going back to sales traditional enterprise sales. You might go and play golf with somebody, cause that's what you enjoy doing for our kind of geeks. Our golf is eating bacon and talking about the duplication strategies, right? That's where we're having the most fun. So it's It's just it's same sort of thing. Just a shift in generations. >> Yeah, I wonder if you know what, what role this community help in kind of careers. You know, I think you know, we're talking so much of these shows about, you know, if your storage admin. If you're networking admin and you know you're down there, you know, configuring Luns or setting up the land, you know, we're going to have a job in a couple of years because automation is gonna change. You know, how much does the community help in kind of those career paths and education? >> So, John, I think we should interview stew on this one. Should we have the geek whispers takeover. I think this is your great example. You've talked about you, you were on a career path and we hear this a lot, and when you raise your hand to volunteer, we sort of jokingly call the spokes uniforms. You both really enjoy the technology and like to communicate about it. When you raise your hand and make yourself known to the community, to your employers, to the world at large, it gives you different opportunities. And I think I don't think you go into technology really without wanting to have an evolving, exciting career. So I think that he's becoming proficient in these tools. Joining your community is an opportunity to learn from your peers to get back to your peers and to raise her profile and open yourself up to the possibility of a new opportunity or a new idea or different engagement. A new way to learn >> In today's business environment, communication is a key part of whatever you do, even if you're the guy sitting there configuring the lungs, because if you're not communicating with your teams and the application teams and the storage of network virtualization team, you're not going to succeed so I think that's an important part of it, right? Being a communicator, absolutely critical and art. Barney. >> All right, so either one of you feel free to answer, but I think back to my early days, you know, two thousand eight, I was so excited when I got invited to a couple of conferences. A blogger, you could kind of get a pass, and I would, You know, ten might take my own vacation time and usually spend that on expenses because my employer at the time didn't get it. It was this innovation conference in, like, in a New York City with four hundred people, and it was like, kind of amazing. I've seen people go to B m world on their own dime where they can get a pass. I mean, you know, it's great to see when you when you got the passion. So I guess the question I wanted to ask is, you know, with companies today, who should they be inviting? How do they do it? You know? You know. Is it you know, the blogger Or is it the, you know, empty Alexis co expert? You know, bm where be expert, you know, What? How's that? How's that changing? Or is it >> changing? Well, I think what you've seen happen over the years is something that was a little more unstructured, which was a kind of blogger relations program. Working with both customers partners, employees in your ecosystem has turned into something a little more formal. We created the V Expert program in two thousand nine to formalize what we were already doing. It's an analogy to the endless relations, press relations, investor relations, sorts of programs. So I mean, it's it's it's a little more buttoned up. It's a little more of a membership thing, but we I know both of DMC and BM where and it Cisco, Francisco champions to try to embrace all the folks that are out there blogging. I think you know, if you're a market or you need to make sure that you're keep your eyes open and you don't just talk to the people that you've gathered in your living room, Bye. You know, a lot of it's pretty easy if you're enthusiastic about technology, if you're engaged with the technology, if you put some effort into it, it's actually pretty easy to get involved with one of these programs there, there, there and there, there, fourth of people in them right there. They're not there to say the glory of the emcee and glory of Cisco and glory of'em, where they're there to help you with your career. They're there to give you tools to give you networking and, you know, hopefully get you to places like this. So I encourage everybody that that's interested in starting, you know, go ahead and get started. It's easier than you think to get involved. >> I agree with that, and I think that way want to be almost like an airline program that you'd actually want to participate. And it's sort of my job like this is a customer service activity, and I often talk about if you talk about the large pool of influencers. Maybe they haven't identified yet. Or maybe they prefer to stay independent. Or maybe they do have interest in a lot of different technologies. Me for them to engage in one of these programs, that stolen, important set of people that you have to deal with the mark, you know, and again set up these blogger days have longer briefings. But like John was saying, When you have the group of people that you name and give it a program name, this is a little bit of inside baseball if we don't talk about giving program a name and funding can follow. So if you're working in a corporate marketing environment, it's really important to explain to people that marketing structure behind what you're doing and when you treat them as a class, it gives you some advantage is you can scale out a little easier. You can provide more assets to those individuals, and it frees you up to Dio. What I love to do, which is is to really engage with those individuals and create content with them. So, >> yeah, so how is engagement these days? You know, I think back, you know, that you know, ten years ago, you talk. You know, one percent of the community would, you know, be doing almost all the contribution. Ten percent might be a little active and everybody else's lurker. You know, when we founded Wicked Bond Day, Volonte actually has on his business card that he's a one percenter which goes back to you know it. It's, you know, the one percent that causes all the trouble, the one percent that causes all all of the commotion. So, you know, with this wave, I mean, we were founded off of, you know, economics in crowd sourcing and everything else, and the Cube is all about, you know, sharing information. We put it all out there. We want everybody to contribute and, you know, give that feedback. You know, How are we along now? You know that that journey to get more people involved. >> I think the opportunity is there more than ever. I think you're right. I mean, there's always gonna be a percentage of people who want to raise her hand, the class that want to give up their PTO to go to a conference that that had this other life they just can't help themselves. And so in some ways it's finding the most impassioned and giving them opportunities. But I think that with the platforms and the scale, there is a greater opportunity for people. They don't want to start their own block. For instance, one of the things we do it Cisco champions is allowed people to guess, block or allow them to come post a podcast. So I think there are more more ways to and there, you know, that's one example. There's lots of other groups that provide people again a little bit a dose of it so they might not want to run a full media company on their own. They don't wanna build Q, but they want to participate. And I think that we have so many more opportunities for them to do that that we're seeing group. >> We're seeing platform ships over the years. I think we as technologists human beings have a tendency to forget their past relatively quickly, as people have moved from the MySpace world to the Facebook Twitter world. I think actually, we're headed for I don't call it I don't want to call it post Facebook, but it certainly is. A multi platform world made >> it just like >> it's a multi device world. We're not opposed PC world in that. I think you're seeing the rise of more specialized communities. They come back again from from our from our origins back ten or twenty years ago. I think we're seeing that people want more deeper engagement along the company. A lot of the report building and kind of conversation. And hey, how are you? Goes on on Twitter. But I think people are really looking for a place where they can have a better conversation, more interaction, more lasting death that might not be on their own. Blogger in their own kind of indie web sort of style, roll your own block. But there are more and more platforms that people are making available for this kind of connection again. What was once niche eventually permeates the whole >> yes. So, you know, the concern I have is it's tough because it is so dispersed right now, you know? You know, I love Twitter, you know? Hi, I'm stew, you know, on Twitter. And I know you guys are big on it, too. And I don't love the multi platform discussion. You know, I always love when you dropped that kind information on the community. But, you know, how >> do we How do we get that >> depth? It's one of the things I always worry about is, you know, people will read the headline and, you know, just react at it and, you know, they might even share it a bunch, but they haven't read it. Uh, so how do we get that deeper engagement? Deeper understanding. I mean, you know, I always say, you know, the I'm too busy is a poor excuse because, you know, you know Michelangelo and I'd sign that many hours in the day way we did and, you know, sure they didn't have their phone buzzing all over >> the place. >> I actually think we should do less. Not more. I think I think too much information, too many channels, too many corporate channels, too many personal channels, too much bad content. The world does not need more crappy content. So whether you're a individual, blogger or marketer, I'd say just turn the dial back a little bit. Did work on better, longer pieces that add more? I think that's the only way that we can shift the conversation. >> Yeah, long for love it. Oh, no, absolutely. I still read so >> well. It's a curatorial function as well, that we have to be responsible. And that's yet one more way people can participate. We see people rise and in the community because they're really great curator Sze, because they syndicate the content in ways are interesting to others because time is of a value so that becomes a real asset. And the skill is Well, >> yeah, great. Great point. Could you know, so many times I'm like I really like to do a thousand word post on this, but, you know, sometimes all I'll come out of this show and take, you know, I did a year ago. I did it. I didn't article on the federation. You know, the ZPM were pivotal and coming out of the show, I've got a lot of new data, and I could really quickly take some photos. I've done. Takes some of the notes. I take some of the tweets and, you know, put together an order. Won't take me as long. I mean, I'll probably do it on the plane ride home. So what I wanna ask next is, you know, you guys see a lot of things out there. What coolest thing you're seeing either at a at a conference or event or you know what? What? What's catching, right? What? What's interesting? Done. >> There's a whole new side out there called Tech, right? I don't know what's cool out there again. I'm seeing multi channel multi, a lot of experiments. There's some cool stuff going on with the indie web. There's I mean, everything is mobile. I don't know. There's just a lot of places. It >> sounds like you Let's give the plug. Integrity has finally cool things and, you know, solid. But something >> like that tech reckoning is a site that's gonna bring. It's an independent site. It's not associate with any vendor. It's going to bring some of the community and enterprise community together to talk about some of these things about Where is it going as a whole? Where's technology going, where our career is going to try to help us get to whatever this you know, it is a service. Third platform, Whatever you wanna call it, where the heck were going? It looks pretty interesting, and it looks like it isn't gonna be quite the same thing. So we're trying to bring together a set of people and just tackle some of those problem and also work together and collaborate. It's so much easier with open source with cloud. With all the tools we have available, it's so cheap and easy to build new pieces of technology, not just a type of each other words online, but to actually build stuff that I'm very excited about. The power taking going far. This from open source, right? Taking the power of people to come together and build cool new stuff. That's what I would like to. >> Still, I'm just angry that you scooped Matt and I on getting to interview John first about >> tech recognition. So, Amy, you you do some cool things that some of events we talk about, the waffle bacon, you What have you seen out there that that's kind of interesting? Or, you know, how do you find some of the cool new ideas? >> Yeah, I think you always I'm working with a really talented events team right now. And I think one of the things I've seen them sort of transform is that social is not other, you know? And we're seeing the social and this concept of community permeate and really think about our audience to really engage that core base, those those tech enthusiasts, and to see what you can do to in engage them. So I'm saying it in real life and in these community platforms. So I think that's been one of the other great trends is watching people band together and various kinds of consortiums. I won't name names, but there's a few folks outlook community. We're seeing a lot of this happen where they're sort of grouping together, and they're saying if they pull their resource is what happens, they might be able to gather enough money to go to a conference or to fund a buddy or to get a hotel room that they've got extra spaces somebody can crash. So I'm saying it's very cool, sort of stitching together opportunity and working together to learn more. So again, the combination of the platforms, using the technology and then in real life connection. >> All right, so I've been asking all the questions here. So before we wrap up, you know, Amy, anything you want, Johnny, when as me, John same, we throw it open. When Whenever >> you first signed up for your Twitter account, did you think it would lead you here because you have the best Twitter >> account? No, actually, a friend of mine for me and Steve Todd, who was blogging before I was, and he said, You know, when there's trepidation when you're gonna get published and you never know where it leads. And we were talking about this after he and I were on the stage at Radio City Music Hall right after Bill Clinton had been on because they brought the bloggers down when we were there. And it's like, Come on, you know, I'm, you know, I'm an engineer by training, you know, I've done. You know, I've done some sales. I've done engineering. I've done you no operations. Technologist is hard. So you know, some of the places the people I've met. I mean, if you just reach out to people, it still, even though there's so many people on Twitter, you know, the people that right and our authors and bloggers, If you comment or you reach out to them, a lot of them reach back. I mean, you know, I still amazed at some of the people I've met get to rub elbows with. No, just just have had a blast with him. So >> get another one. So do you think unicorns can be trained? Do you think people have to be born with the skill set, Or do you think you can be a uniformed rancher? >> No, I think I think I think they could be trained. You know, it's absolutely it's Ah, it's a tough skill set. I mean, you know, doing video is not easy. First couple of times you do it. It's different there's there's all these muscles. You know, Writing is one of those things that you know. I thought I was an okay writer, but hadn't done a lot of it. They're things you do. So try it out. And that thing I tell you, you got to stick with it for a while. I thought Twitter was pretty stupid. First Go on it. But, you know, I stuck on it for another six months and have some fun with it. No, here we are six years later and you know it is a lot and, you know, blocking of writing and blogging and everything else you know all over. I >> like the muscle memory idea. >> It's hard. You were on camera, have remember not to scratch my face. Strange. He'll set, I ask. I actually, I'm seeing a lot of interest in short form video. I know the kids are all doing it. I mean, obviously, we're doing it here. You do it. It's part of your practice. But in talking with people about our new activities, it's just so easy to take a chair. I think that's actually, even though it's been coming up for years, I think where I think that's an interesting thing >> on all right now, I'll give one of those inside tips videos. Great. Some people don't like to watch video. Yeah, broadcaster great. Some people don't like to listen to him, you know, writing's great. Some people won't read. So you know what? One of the early lessons I had is when I was, you know, being a, you know, active member on standard evangelizing of solution. I did it everywhere it you know that give presentations that shows you put it up on slide chair. You do you two videos, you blogged about it. You talk to everybody, you bet that you can everywhere. And you know, it just permeates out there. It could be a bunch of works and then there's tools that are out there. >> They're all connected events, right? I've discovered recently, and I can't believe I just realized this. But it was with the conversation with Amy on our Christmas broadcast that even though I've been part of an online group for years, I'm part of digital marketing for BM. Where for years, Uh, actually, most of my work. Half of my work is off line having my workers meeting people in person, getting to meet them and connecting that online and offline. And the synergy there is just is immense. >> Yeah, absolutely. I mean, other than the keynotes, my phone stays in my pocket for the most time. Unless I'm going between events. It's the in real life and nearly getting to know things. I was joking, You know, Twitter went away. Tomorrow might be a little sad, but I can connect the most. All those people, we got him on LinkedIn, Facebook and, you know, email. I still use something. Don't taking their holds. Absolutely. So you know, to wrap. I guess if you want to, just You know what people find more on your podcast. Find your website. You know Amy, Like it start? Well, >> where >> are Equus? Versace, of course. Geek hyphen whispers dot com on way, published every week. So give us a listen. See what you think. And I'm >> Matthew Brender. Sorry you couldn't join this time, but it's a lot as it were. A DMC world and you two are here in Matthew's. >> It's hard. We're going toe to toe. It's true. We're going to record with him like it's a Max headroom figure on a yes tomorrow, so and also I'm on Twitter as calms mention and I block under that same constantly dot com girls have engineers. That's true. I have engineers, unplug dot com as well. And now sixty second Tech, the short first on the popcorn version >> and I. J. Troia on Twitter and tech reckoning dot com. I went inside. >> Hey, Amy, John. Thanks so much. We We love taking the podcast. Inception. Sile inside the Cube. Look forward to seeing you lost events connecting with the community and everybody. Definitely check out their stuff. I'm at stew on Twitter with yvonne dot org's is where most of my articles go, and, of course, silicon angled on TV is where you can find all the video. Thanks for joining us. We will be back with the rest of DMC world covered.

bye okay welcome back everyone this is SiliconANGLE and Mookie bonds to cube our flagship program we got the advances reconsider from the noise I'm John foreach n with Dave vellante here for just a conversation Dave about what's going on oracle openworld day one of three days of live coverage here in San Francisco what's your take dick well first of all John miss you yes I had furrier withdrawals here so welcome back them first segment we've done together all day I was out at Santa Barbara last night in checking out the scene down there made it back not going to miss an Oracle OpenWorld for the world I love a work eloping world because it's like Isla Vista in Santa Barbara except it's tech people going crazy over the technology so mas coyote is draped in Red John well different in a few weeks ago at vmworld but I mean it's always great because you know Oracle has the muscle Dave as you know we always talk about every year Oracle's so you know transitioning from that telco role of extracting value from the ecosystem Oracle's making moves Larry Ellison really is a gamer he wants to make his mark on the industry he sees himself as the heir apparent to steve jobs in the end the end the historic hall fame of tech industry and he's here to win it's a game to him and I think you see oracle just in the past four years since we've been covering them being kind of a this is a throwaway game for them to like really being in the game they're making the announcements they're heavy and cloud they're making a faster more relevant timely announcements again they're a monster they're in there a huge accounts huge dollars and a rounding number on their sales spreadsheet would take a company public these days so you know those startups are doing well Oracle still has the muscle and they have huge clients and I'm going to watch and I think you know you ask me might take perform over here a consistent story from Oracle it's engineered software engineered heart with hardware it's vertical integration it's trying to develop best to breed its spending on R&D now they've basically co-op to the Big Data theme you know we hear a lot about their cloud so you know it's fun to criticize Oracle right they charge a lot a you know coops industry terms and act like they invented it on and on but here's the deal they spent a lot of money on R&D Allison's like a start-up CEO I mean he's that engage them I resisted this session talking to some executives and in the infrastructure business and they're telling me I Larry's call me every week wants to know the update on the new product and output when it's coming when it's ready you know herds the same way so you guys are intense focus on as you said winning that is all about winning it's a zero-sum game to Oracle it's the chest it's a chess board for Larry and I think you know one of the things we're seeing some news here we had our guys at the press conference mark hurd made an announcement about the human capital management software you know they're you know it's classic Oracle swiping at the competition work day has been booming of late and you know they're under pressure you know and you know workday asli the PeopleSoft guides have a huge chip on their shoulder they're winning they're doing well and Oracle's not happy about it so I mean obviously they're going to be moving very very aggressive against that and then just in all fronts the chessboard of conversion infrastructure the Sun acquisition really the ultimate cherry on top for Oracle relative to their future positioning they are betting the ranch on an apple-like strategy where containing the hardware focusing on the software and bundling in the hardware to the software as a fully enclosed system purpose-built hardening it out is ultimately their big bet David I'm telling you it will work for some companies and that lock in is a small price to pay for the functionality if they can deliver well and I think they I think Oracle can deliver you know the question is is as we're talking about with ray Wang can they deliver both on the promise of integrated systems I have no doubt Oracle can do that because they're spending a lot of money on it they got good technology people they've got good technology and and so eventually they're going to make that integration play work and they already are making Network the big question I have John is can they innovate and be best to breed at each layer of the stack that's something that's really hard to do guys like EMC and Cisco and VMware have chosen to partner to do that that's always been IBM's big challenge right i mean what's IBM number one at what product is IBM number one besides mainframes it's hard to come up with one okay then same question of Oracle what product is Oracle number one at besides database that's Oracle's challenge you know can they be best in storage can they be best in servers can they be best in applications they would argue their best in applications and I think big date is a big challenge here we heard inside the cube here day one that people don't want to pay licenses for data that's not being used and there's a big issue around the how data works how people using their computing environment it's not a monolithic environment anymore relative to the database there's new unstructured environments most of the data is not stored in relational databases why should I pay an Oracle lights of them I got virtualization I got scale-out open source these are new environments that are putting great pressure on Oracle and if you look at Mark Hurd and how he reports to the street all he talks about is our revenues licenses are up x percent barrel tins of the market well if demarcus declining and you're up what does that mean maybe this shifting to another area so Dave this is a concern that I have about Oracle is their core business metrics might not be on the right numbers yes software's growing relative to what I'm a declining market or shifting market those are the open questions we will find out this backdoor I think that well here's here's something I want to share with you so we did some wheat research and Wikibon fifty percent of the customers that we talked to in the Wikibon community said they're willing to risk lock-in to get integration and function so then and only fifteen percent said we're dogmatic about open source now over time that open source crowd as you well know is going to build up the capabilities but fifteen percent is the toehold for the start of startup crowd Oracle's working on that fat middle and that's really where they do let's talk about the dogmen the dogma for IT enterprises simply there's contract negotiations all posturing for contract negotiations almost every single CIO I talk to and we've talked to Dave have either told us publicly and privately hey at the end of the day I care about the cost structure the environment and to if there's a hardened top unlock in it doesn't it's irrelevant then and the example that we've always using the cube is you the Intel microprocessor do you really care about the proprietary software involved in an Intel processor no just gets the job done and it enables other things that's the key question that we're looking at right now in the computer industry is where is that hardened environment where being collapse elation of the complexity has been taken away to the point where it's absolutely functional that is ultimately to be the key and I think that's going to have to enable data fabric layer and then top of stack of applications I think that's a VMware strategy is a good one I think of Oracle can pull that off they could be the Intel of this cloud error well the other big battle is the organizational battle because Oracle obviously sells the dbas and application heads and everybody else in the hardware business sells to infrastructure people and let's face it the dba's and the application heads have all the juice in the marketplace so that's those guys are driving the buying decisions now as companies like VMware become more strategic they can maybe get some access to those individuals but still Oracle an essay p own that it all you do skoda you go to sa p sapphire you come to oracle openworld a lot of suits you go to emc world and you're seeing you know a lot of infrastructure people so that's a big battle that people taking on but i would if i'm a customer i would absolutely have some alternative infrastructure around wouldn't go just all red stack there might be some situations where i want to do that i guess the point I'm making is a lot of the application heads don't care if they spend more on infrastructure they don't care if they get locked in because they care about how fast the application runs how easy it is deploy how agile it is what their service experience is like that's what they care about I think ultimately it's going to come down at ability to be flexible have the application support so Oracle obviously will have the ability in most their companies to do that the question is do they have the right product mix and I think giving the customer's choice that's what we've seen with OpenStack in particular and you look at OpenStack what that's done is given this choice to the enterprise's to do whatever they want relative to having a private and public and hybrid cloud environment and that's ultimately going to help with the kind of the choice option so I mean that's kind of we've heard Oracle's portfolio or has got one of everything we heard you were in the cards so you didn't hear Thomas curing this morning but I mean you would have thought they were invent big data I mean it was a dupe connectors in-memory databases you're talking oh you know no sequel key value stores we got at all and they do actually have a lot of that hey so the portfolio is very robust they can tick the boxes they can they can play that functionality game with anybody and the real advantages they talk to the CIO now over here you've got the walk-off the marc andreessen crowd right none of my startups by Oracle hey stuff so it's those guys it's the open source crowd that ultimately is going to get leverage in the marketplace and you know John you and I have talked about this in the cube a lot ultimately long term open source wins Gary Blum was on the cube earlier CEO of now CEO president MarkLogic Dave he's been a I think 17 years of Oracle insane amount of years he's been there from the beginning he goes back to veritas as well you know he had an interesting point he said that in MarkLogic they have a half a DBA for ten dba's that are on staff for oracle that's a nine and a half labor pool reduction in cost and you're granted some of those guys might retire kind of like mainframe guys in the old days but like still you don't know about a massive amount of restricting of resources I want to get your take on the data economy type role I mean the data economy we're talking about new economics what's your take on I mean that ratio is really the kind of magnitude we're seeing relative the big data so here's my take on that is is I think that rightly so the startups are doing what Larry always does he compares his state of the art to somebody else's n minus 2 and that's what the startups are doing right there's a lot of legacy Oracle environments very easy to go in and say okay I can reduce your operating expense here's the challenge Oracle knows this and they see that threat so what Oracle's trying to do is is is cut that you know to whatever degree it can cut that and and close that gap and then you know have the cios bet on oracle because their quote unquote less risky right nobody ever get fired for bringing on IBM so the game that they have to play I heard Gary say we have a five-year lead on the competition so it's like fusion-io and EMC right EMC it lead on on emc we had packed LC on the QB said hey we're behind we're going to catch up how did they catch up they went out and they bought a company now I haven't caught up yet but they went out bought a company they started investing R&D but they're closing that gap and so that's the game that they play okay we're here inside the cube this is SiliconANGLE Yvonne's coverage of the cube stay with us we're going to be going to come back with Jeff Kelly Dave next we have any more guests coming in we're done this is a wrap for the day okay we'll be back tomorrow on Tuesday stay here SiliconANGLE guns the cue our flagship program day one wrap up here at Oracle OpenWorld yes my goal she's coming on we got a bunch of guys coming on from emc emc has 80,000 oracle customers oracle itself says it has 40,000 hardware customers so that's going to be an interesting we want having a special thanks out the qlogic for letting us stay in their booth again fourth consecutive year the legacy SiliconANGLE and CNBC are broadcasting live here at oracle openworld this is day one coverage with new Act tomorrow with the keynote in the middle of the afternoon all day coverage starting at nine at ten o'clock tomorrow morning here from the cube stay with us and see you tomorrow

>> wait. >> Okay, We're back. Live a V M. World twenty twelve. I'm John for the founder's silicon angle dot com. This is the Cube silicon angle dot TV's flagship telecast. We go out to the events and extracted signal from the noise CEOs, entrepreneurs, analysts, marketing people, developers, whoever has the signal, we want extract that share that with you. We have a special guest today. Frank's Leutnant is a sea of service. Now again, I'm John Furry. I'm joined my co host >> of Dave Alonso, a wicked bond dog. Frank, Last time we saw Europe on the stage, you had these glasses on the hat. Remember that, Elwood? So, uh, welcome to the Cube. First time on Thank you. Too many of'Em worlds. I'm sure. A little different angle now. Yeah, Service now. Very exciting. Just went public solving a big problem on DH. Added again? Yes. So tell us. How do you feel? >> That's interesting. A lot of people ask me, how did you end up in, you know, in a in an application software tap a category you spent all this time in storage. The reality is that most of my life, you know, being in the application, development, dusting and system management. So this is actually close to my wheelhouse. Stories was actually a pretty good diversion for me. Careerwise >> service now, relatively, you know, not not a household name but solving that problem. Really, There's no system of record for i t. What activities air doing? Whether it's finance, it's whether it's application portfolio project portfolio. You guys were attacking that whole nut with a software service model. I mean, it used to be a lot of point tools to do that. And you guys seem to be having a lot of success bringing that all to the cloud. >> Yeah, the irony is, is that you look at all the corporate functions, you know, finance, sales, marketing HR, I sort of ranks, you know, last or near last in terms of management sophistication, right compared to the other functional areas, because the most mighty organization have to show for themselves. They helped US management system for their work. For right now, they are to keep track of what's running in their their operation, and that service model is typical of infrastructure providers. Right? You see it, you know, with tell coast like looking t you see it with power. You tell these, like PG and E their infrastructure providers first and the service model. It is not particularly compelling, right? So what we tried to dio it's really take it from a D M V style service model standing in line waiting to be helped. Do you want this more like amazon dot com, where I help myself, It's into it. If it's online, it's productive. It's where I want to go. Teo to make requests as well. Let's receive service >> So you're selling primarily to the organization. Who you sell to in the theory is that the CEO is that the project management offices all the above >> as the servicers management is a very well defined center of responsibility in i t organization. So there's always a group of people who is in charge of that that disciplined. They're easy to find, But CEOs are always involved, and the reason is these air very high profile system rollout because everybody in it is an actor or participant, the workflow as well as the broader employee population, the enterprise, touchy systems, So you better believe that people are sensitive about this being a successful practical and it looks more like a neo system. Dan. It does an infrastructure type system >> without the AARP complexity of it. >> Yes, it's it's a mixed >> metaphor, but so So here are your roughly a hundred fifty million dollar company, you know, annualized, you nice market. >> Either way, we've we've guided to about two. Thirty five, >> thirty five this year. Okay, Great. That's >> want to make sure that their investors don't get >> background. We're sorry about that. Es to thirty five, which is why your market cap about three point six billion. I think >> way had about ninety eight percent growth and buildings in the last quarter. So the high growth, obviously it's what drives >> what's driving that. So how big is the business that you guys playing? What's your tan? >> So we think that the tam just for the narrow definition around service management is a is a multi billion dollar opportunity Because of the nature ofthe work flows, we're also expanding into the operations management area. Right? This is this is where HP lives and BMC and IBM and CIA with these very large open view Tivoli Well, because their work flows between services system management are all becoming integrator that used to be suffered spheres. Not anymore. >> And that's an enormous market. >> It i d. C. Thanks. It's about a thirteen fourteen doing dollar market, and then you have the platform is a service opportunity because our customers have just gone wild, building all kinds of spoke applications on a platform just because they could. So >> you kind of betting on the intersection of systems management, operations, management >> and the platform. >> Okay, and it's kind of jump ball, really, with the dynamic of the cloud coming in, isn't it? In terms of the competitive, it's >> Ah, it's interesting because we look another assassin categories like HR marketing. You see a whole host of players you're looking in our category on the only breakout play there has been serviced now way have predominately compete against legacy vendors, people that I just mentioned. So >> you've got some experience doing that I want >> I want to ask you about the discipline side of the market. You guys are public companies, so yeah, you're out there is all exposed and then talk about some of the product directions because out yesterday they were really showcasing the vision within VM where old way a new way, a access APS infrastructure. You know the classic in the old way. New Way, Modern era. We've been calling it in your world. You're actually replacing some pretty old stuff. I mean, I remember back in the late eighties, early nineties health testing people had that's headsets on and, you know, homegrown software developers and quit a lot of this legacy kind of mindset. So first question is, Is that true? Is there still that much baggage in that services business? From an infrastructure standpoint? And the second part, the question is, what's the new stuff that's really disrupting the market? So in the new way, what is the key features that that's happening in the services industry? >> So, you know, I already started to allude to it, right. So you want to evolve that service model from that help death centric DNP style of service experience to one that's on the line looks more consumer style. You know, the way we've learned from Apple and Yahoo and Google and people like that help yourself. If you have a problem at home with your apple TV, you're really gonna try and call Apple know you're going to go online and you find years of communities you get Teo answers ten times faster, that weight and then following these needy old models the way you reference there is an awful lot of that still living in the world off because they're focuses infrastructure, not service. That's change it, right? I mean, CEOs, I read somewhere, have a shelf life of about eighteen months, right? There's incredible impatience and dissatisfaction with how that function is running. It's costing too much money in the service is not exactly to to write home about. People are really ready to move their service malls. >> The largest answer was, Just hire someone else to do it. That was the outsourcing boom, right? So that's still brought problems, right? Legacy. So how is that still in play? So if the notion is okay, outsource it, and then the outsources has some warts on it that's got to be tweaked. What's the new version? Because you know amazon dot com and you know this new environment availability, instant access, the information we don't service etcetera is that changing it >> way believed that the move to cloud computing is really going to change the role of the CIA, all right, because infrastructure is going to become something that's behind Courtney, and it's becoming less of an infrastructure centric job. CEOs and T organizations become Mohr service engineering organizations, people that understand work flows. People understand how to automate work, flows right out. And, you know, I know how to run a database or a network or, you know, all the security dimensions and so on because we're just breaking as an industry. There just isn't enough competency and skill sets for everybody to be confident at the level that we need to be at structure. It's not scaling, right. It's sort of the way telephone switching centers were in the nineteen fifties >> means one of those things to with the CIA. Attention, I'LL get to that later. But now, with big data in real time analytics is more pressure on the service delivery side. As a business driver, you seeing that pressure as well, or is it more? We just gotta fix it now. I got to do it >> Well, nighty organizations in the lift from one crisis to the next, completely event driven, you know we haven't out its were all over it. Trying to restore service on DH. You know, we sort of live that life day in, day out. But I've never changes right So waken get ahead of this game. You know, if we start structuring, you know, the interaction model that we have with our users how we communicate with them. I mean, simple things, right when you were, you haven't out it. It would be helpful if we were able to pull status. You know, every twenty minutes us to what? What we're doing, What's going on. Right? But having infrastructure be ableto push data out? No, like that. Most organizations don't do that. They live pretty much in the dark, >> so share with our audience out there. That's watching. We have a lot of professionals and data scientists and analyst type audience that we've that we've that follows. Looking angle with Yvonne on DH. Some CEOs as well on early adopters share the folks out there. The pitch, How bad is it that their environment and how easy is it to change? It is just a norther. A magnitude sense of is a turnkey. How do you guys roll in? What's he engagement look like? It's not as hard as the things that most people might have the opinion. I don't want to get just ugly. It's painful or is it not painful? Is it quick pop now? Is it like how fast a roll in and out the infrastructure that you >> the's are extraordinarily sticky systems the system that were that we replace >> your systems of the old systems. >> The old systems are on the reason that they've been around for ten, fifteen years. They're very difficult to replace. And if you look at our girls, that's certainly testament to our compelling. The value proposition has been people have said, you know, a pain is becoming unbearable and be the view of the promised Land is looking pretty good, right? So there's both an incentive to change and to move, and secondly, there is something to move towards that is this compelling inspiring. And it really is going to change my game right, because now we tell people said, Look, if you just tryingto get to a snazzier, more modern help desk, we're not your guy, okay? Because we don't find out a compelling vision of the world. We wantto wholesale transform how you deliver service just >> take us to some of those cats you were talking before you came on about your growth tripling inside. But talk about a zoo company, which is a whole nother conversation. We could talk about it yet you have expertise in, but talk more about the customer deployments. You got some fresh funding with the AIPO. You're geared up. You go out to the market place. What are the conversations like, What are some of the stats and one of the conversation with the CIA? >> Well, the CIA is obviously are interested, first and foremost of the transformation of the service model, right? I mean, we have to get Teo service experience that's more reminiscent of people experience on the consumer side. Now we typically have to do that, that an economic equation that's very similar to what they're having right now. They're not interested in spend more. They just want to get completely refreshed, you know, platform for similar amounts of money that they're already spending because Versace, you know, we're not just taking the software, not off the after after table. We're also taking the entire infrastructure, all the operating staff, everything it takes to run that environment becomes ours, right? It's no longer in the I T department, so that looks pretty compelling to them. >> How about some of the numbers in terms of uptake with customers recently? What's the growth rate was? Can you share some numbers? >> Way have about twelve hundred price customers? We had about one hundred twenty seven the last quarter. That's that is a huge number of customers. Tio Tio ad we have. Most of our focus is on global two thousand enterprises. We have about two hundred thirty global two thousand enterprises, and they're all you know who's who names that, that people recognize Starting up Ticket's been been strong. We're running very, very hard to make sure that we have two services infrastructure. Both there's people and infrastructure to be able to accommodate that. >> Well, I'm excited to interview you because I want to ask you kind of more of a personal question. And although we just met for the first time here, your name's been kicked around as kind of a maverick operational executive who knows how to scale organization. So we're in kind of living in an era where the business value focused, whether startups and has been a lot of talk about, you know, the Facebook idea, the young kids under thirty running a billion dollar market gap, companies trying to actually move from hyped to real scale. And Palmer. It's made a comment yesterday kind of dissing Facebook of in terms of the value proposition relative to say, you know, bm where. But the question I want to ask you is, um, what's your success model for scaling an organization on DH for the younger execs out there? And for people who don't know you just chairs up on the camera? What's your philosophy as the repeatable sales, lower cost leverage model? I mean variety of different kind of ingredients. What's the Franks Lukman formula for success and scaling? Bringing a product to market and growing it? >> Well, the first order of business for for a start up venture of any sort is growth. I find that a lot of people come on a business school in trying to balance girl for profitability. Um, that mentality makes no sense to me, right? It's economics. Before accounting, accounting becomes the bastardization of economics, we run our ventures cash on booking their economic concepts, not accounting constructs, right people are trying to show profit prematurely when they can invest that money to grow. We tripled our head count over the last year. We got very far over our skis. No, we're burning a hole in our gas pals but were very clear with investors that look, we are still increasing our productivity for head. Why, when we apply to resource is to grow this franchise Growth expands our multiples, expands valuation. That's what everybody is in the business for, so so sort of summarize. Knowing your question. Most people hold back on growth, and they don't really know why they're not all out trying to drive growth and the reason that growth is so important. You need to be a breakout player. Nobody wants to be the in between player. That's neither fish nor fowl and doesn't become a dominant entity into space that it wants to be in >> and have the financing in the dry powder behind you that you were a venture capital Greylock, which no something into about investing. So that's also important part right? >> Well, you don't. That's why I said to you manage on cash you managed on bookings. Those are the economics in the business essentially, >> and you've been looking up, have some really good finances behind you, trust you who get the concepts and that's key well, continue in the right >> way went public. We also explain to investors Look, this is what we're trying to do, and this is what we need you to buy into. Otherwise, find somebody else's talk. So >> what is the going public affect? You know the perception amongst the CEO's when you chose to list on the way we had them on earlier this week? But how is that affected? The brand perception? >> That was the whole reason for us to go public, right? We didn't need to cash liquidity. Obviously, it's good for employees and investors when I pose fundamentally a branding event. You know, I used the analogy. We went from playing on Saturday to playing on Sunday. You know, all of a sudden you know you're transparent, you know, all the all the thud that gets spread about you by competition. People cannot punch you up on Iand. See what the truth is around your balance sheet. You know how abot your last quarter was? It's been three. I po was tremendous for us from a branding standpoint, >> and you've been known Teo have a reputation of really getting the product in this case, the service, right? And then really getting aggressive on the sales side. Can you talk about what you've done in the sales side? I know you've aggressively hired. >> Yeah, we You know, as I said, we tripled our head count. We went from three shells. Reasons to twelve insight. One year we spread out all over Europe today. This is a ground war. You need an army to fight it. This is not Facebook. We cannot sign up annoying people in a week. It is a business that runs over the ground so you cannot scale and drive growth business unless you have two people to run it. >> And you're selling belly to belly. That right? Absolutely. So you know, >> we're going through the front door of the elevator >> way. Okay, We're getting the hook here. We're getting hooked, but I have to quit final questions. One is just put a plug out there for service's angle dot com that Silicon Angles separate publication. We launched last year, thanks to E m. C. For helping us sponsor that but really dedicated to the new era of services. And there is some disruption. We're excited to cover you guys, so I just wanted to say Go, go check out sources angle. So Franklin asked two questions. One. What's the big disruption in the services business that most people aren't getting right now? General, you know, man and tech on the street, not the insider inside the ropes. So that's the first question. The second question. What's your goals for the year? For the business? >> Well, the interesting thing about the services business is how it's one of these areas that is sort of the least automated. Write. It runs on the concept of institutional knowledge. Phone conversations, informal communications, email and the frontier in service management is that those become software automated structure processes that is not just happening in I t able sticks. It's happening everywhere, right? What do you want to request? Food. You know, from the hotel you knew what a Virgin America, right? You know, request from your seat, something that's just, you know, on an example of how >> that's the story, you know, debate about that. >> That's how it's gonna go, right? So services it's going to become, really that I call the service fabric right? Essentially how thes processes get conducted. So we're super excited because our platform sits right in the middle of that trend and we're going to try and make that trend. >> It's eleven. Platform to the economics are fantastic and no real customs agents were brought up exactly so good margins. >> And it's just >> like the stock immediately. >> It's much more scalable in the district. Disintermediation. You know, all the all the manual effort goes into this. >> Okay, so now I know your public CEO and everything now, so you really can't be as wild as you could have you a private. But what's the outlook for year? Your personal goals for the year >> Wait, given guns from or get one quarter for years. So check with your favorite analysts. >> Okay? Growth is on the horizon. Congratulations. Frank's been great to have your leadership in the Cube. Thank you. Time Cuban great to have you. This is silicon angle dot coms. The cube will be right back with our next guest, Cynthia Stoddard from Netapp CIA, Another CIA. We're gonna get into the trenches and hear about the transformation again. We'LL be right back