(upbeat tech music) >> Announcer: From London, England it's theCUBE, covering Coupa Insp!re 19 Emea. Brought to you by Coupa. >> Hey, welcome to theCUBE, Lisa Martin on the ground in London at Coupa Insp!re 19. Very pleased to welcome back to theCUBE the CEO and Chairman of Coupa, Rob Bernshteyn. Rob, welcome back. >> Thank you so much, thank you for being with me. >> It's great to be here, so we are in with all of these customers and partners, this has been busy all day. You started things off today with a great keynote. I was telling you before we went live, I lost count of how many big customer examples were sprinkled, and I think infused throughout your keynote. I was looking at some numbers, Coupa just keeps doing this. 5x increase in spend under management since 2016, that's only three years. You guys have thousands of customers, five million suppliers on the platform, lot of growth. What are some of the key drivers to this great growth that you're seeing? Well a couple of things, I mean first of all, this is a huge total addressable market. Every company in the world could do a better job of the way they manage their business spending, and they could use information technology, hopefully from Coupa to help make that happen, and we are so proud to cultivate this community of like minded, thoughtful professionals that want to apply best practices, best in-class modern technology solutions like the ones we offer obviously, to drive quantifiable, measurable, outcomes for the companies that they work for. So in many ways, this is a celebration of our customer community and it's a wonderful opportunity to be with our customers here like this every year in Europe and every year in the United States, and now frankly in lots of other places around the world. >> So one of the themes that was also expressed during the keynote was Rachel Botsman's theme of trust and I think about the open community, the open platform and the community that Coupa is building, there's a lot of earned trust there that Coupa has earned from this growing community. Talk to me about what that means to you and the whole team and how it's influencing the direction that Coupa is going in. >> It means a lot to me personally frankly. The O in Coupa stands for Open, and that means not only technically open in terms of APIs and integrations, but it means open in spirit, open in dialogue, honest, transparent communications. I feel that our industry in enterprise software has a legacy or a history of a lot of PowerPoints, and a lot of demos, but frankly, quite a few failures of large scale deployments and a whole host of sectors. And we want to be part of the solution, we want to have an open, authentic, honest communication with our customers, with our prospective customers in the sales process, with our partners, with all of my Coupa colleagues, so we can avoid the friction and nonsense of politics that often gets in the way of driving measurable, meaningful value for every constituent. It's a very, very important thing to me, it's important to my team, and that's something we're doing our very best to cultivate in this Coupa community that we're creating. >> Speaking of cultivation, Coupa is cultivating this category of Business Spend Management. Tell us a little bit more about that and where you are with that. >> Sure, Business Spend Management is a pretty straightforward three words to describe the fact that our buyers and our customers are responsible for literally trillions of dollars and pounds and dollars and euros of spend all over the world. And as information becomes more and more transparent, the buyer, the one who's repsonsible for that spend becomes more and more powerful. So we sit on the side of that buyer, we give them information technology solutions from sourcing, to inventory management, to spend analytics, to procurement, to expensing, to invoicing, to payments, to supplier performance. All the capabilities needed to help them make the best purchasing decisions for their organizations, and help their companies become more profitable so that every one of these Coupa community customers we have here could get more bang for their buck and be that much more operationally efficient frankly in driving their own company's visions and missions and whatever it is that they bring to the world. And that's very aspirational for us and we're excited that so many have come on board with this establishment of the Business Spend Management category with us. >> So if we look at the PIPE, as you were calling it this morning, P-I-P-E, procure, invoice, pay, expense, I memorized that, you've got this one platform that can deliver all of that to this growing community of users who have the ability to get that visibility. That is one of the biggest challenges, I was reading some stats recently about the number of businesses, they were the percentages of businesses that don't have complete visibility over their spend, it's high. >> It's very high, we just did a study of 250 or so CFOs in the UK, and they're doing a great job at budgeting and reporting, but they have minimal visibility into their supply relationships, especially with what's happening here with Brexit. They have minimal visibility in supply risks, supply chain risks, and one of the ingredients that I think we're very special at and I'm proud of is the U in Coupa, the user centricity. In order to have visibility into your spend, you have to have adoption, you have to have people purchasing, spending, expensing, paying, processing invoices, everything that you just mentioned through this pipe on one centralized platform with a common UI layer, User Experience layer or User Interface, common business logic layer, common data model, use of community intelligence to help you make the best purchasing decisions, spend decisions. So we're really on the forefront of something very, very exciting because this adoption level is happening through this user centricity, and it's given these companies control and visibility of spend, and what could be more important to driving profitability, sustained business development? I think we're in a very unique position to help these customers. >> So is one of the biggest challenges for those, think it was 96% of those UK financial decision makers that you guys surveyed said, "We don't have complete visibility." Is it because they have legacy siloed solutions that don't give them that common layer? Or is it because maybe that and a mixture of users just not adopting it because it's not as intuitive to use? >> It's a number of things. First of all, for every process, whether it's procurement, expenses, invoicing, or payments, they have seperate systems to your point. Some cases, they don't even have systems. They're calling in orders, they're handling paper invoices, so there are different levels of maturity in each of those four areas. So one is getting them on to a common platform where all of those are orchestrating together. Secondarily, there's an opportunity to create synergy between those areas, so a lot of things that are getting expensed really should be preapproved and should be routed toward preferential pricing that procurement can negotiate on behalf of the user. Many times invoices are duplicate coming in from suppliers and AP departments are so excited that they pay quickly, but they're not necessarily sure whether they received the goods and services that the invoice is for. So having one common platform, that's the C in Coupa, Comprehensive. One common comprehensive platform for all these business processes is critical, leveraging the synergy of all them working together is critical, and getting that widespread user adoption is part of the secret formula here. >> Let's talk about the community. It's big, it's growing, 1.3 trillion in spend managed, and I watched our video back that you and I did a few months ago, it was 1.2. So that was four months ago, and you showed a bar chart today of just the last 12 months, had to look up this way to see that, so this community that has the ability to help derive and leverage the insights, talk to me about the insights and being able to help businesses go from reactive to predictive as a game changer for Coupa. >> Sure, it's a huge game changer and we really aspire to be, if you will, the tail that wags the dog in the enterprise software industry overall because the enterprise software industry, in effect, every customer is on their own island using information technology for a certain business process. What we've done with community intelligence is we've aggregated, anonymized, and sanitized data from the customer base and then are distilling insights that we could be prescriptive about. So we could tell our customers and we're telling them, "Hey, our community is having challenges with such "and such supplier based on literally perhaps millions "of dollars and millions of pounds in transactional spend. "We recommend you consider this supplier in "that same category because our community is having "great success with them. "The products are being shipped on time, "there's no war over invoicing, there's no breakage in "what's delivered." Those are just some examples, we're helping them think through commodities. A lot of our customers forgiven commodity, they have 20, 30 different suppliers. We're helping them think through in their industry. How can they do supply consolidation that makes sense based on benchmarking across the entire industry? We're helping them avoid supplier risk, we're helping them avoid fraud, we're identifying employees that may be expensing things or doing things that are fraudulent based on the collective intelligence of what we're seeing around the entire world in real time and we're prescribing actions to be taken before payments go out. So these are just some examples of what we're doing, we're doing things in benchmarking based on community intelligence, we're really just at the tip of the sphere of what's possible and we've prescribed tens of thousands of prescriptions in our platform to our customers. Many of them are taking those prescriptions and are making their businesses more operationally fit, and more agile, which is something we're very, very proud of. >> Speaking of those prescriptions, I think the number you shared this morning was 22,000 prescriptions delivered in one year? >> In the last 12 months, that's right. >> So we've got to talk about acceleration 'cause we've talked about the COUP, the acceleration, that is one example of that. I also saw that you guys have gotten, customers are doing approvals 30% faster than they were a year ago. You're getting mid-market customers up and running in four months, large enterprises up in eight months, talk to me about that acceleration that you guys are achieving. >> Absolutely, the A in Coupa is about Accelerated, it's about learning from our entire customer base and taking those learnings and making them part of best practices-based appointments so we could go faster and faster and faster. We look at retail customer, we've done dozens of retail customers, large and small. We know how to set up catalogs, we know how to set up workflow, we know how to think through the analytics that they need. So when they get going with the deployment from Coupa, they can get up and running way faster than with going back to five or six years ago where you have to think about it from scratch and a blueprint. They could leverage the insight from the community with doing that in mid-market, with doing that in subverticals like credit unions, for example. Biotechs, we're doing it in insurance, we're doing it in pharma, all hosts of industries, and I think as we learn from every deployment and collect those insights, we're going to be able to drive value faster and faster to our customers. And the other element that's important here is it's not just taking the customer live, all of our customers grow with us. They get more and more value every year, this is why our renewal rate is so strong and customers add more business with us because they're getting value and that value continues to grow, and that's really what value as a service is about. We're not a software company, and we're not a software as a service company. We're truly a value as a service company, which is a very different concept and one that we're cultivating in this marketplace. >> What are some of your favorite, I know you love being in front of the customers, what are some of your favorite examples that really show the value that Coupa is delivering to the changing role of procurement, making that girl or guy much more strategic and much more of a partner to the business? >> Sure, I shared some examples this morning that I really loved and appreciated celebrating some of our trendsetters, or what we call spendsetters. You look at Zalando, our retailer where they weren't necessarily going to take them so seriously about savings, but when they went to marketing and said, "We can give you much more bang "for your marketing budget "so you could reach more potential consumers," well of course they embraced that. And we gave them a usable opportunity, a usable platform for doing that as similar Zalando, they engaged. Now they have something like 85% spender management. When we started working with them, they had zero purchase orders, everything was the wild west. You look at, I was just speaking to one of our customers at Procter & Gamble just five minutes ago here at the expo. They've run more than 50 billion pounds of spend through the Coupa platform, 50 billion. That's not easy, but they've done that in just a couple of years with us, and not only did they have visibility spent, but they're saving, they're routing purchases to preferred suppliers, so the list just goes on and on and on our website, at Coupa.com on the Customers tab, you'll see obviously dozens of customers holding up signs of the real measurable value they're getting from working with us and that's something that we really take a lot of pride in. >> That speaks for itself. Last question for you Rob, talk to me about those strategic partnerships that Coupa has. I know some news coming out today with what you guys are doing with American Express. >> Sure, we've entered the payment space and we entered it because our customer community asked us for it. They said, "Look, if we're procuring goods "and services through you, why wouldn't we all, "and we're doing invoice and we're doing all "of the components of the pipe, "why wouldn't we also go deeper into payments, help us pay." Because many now have to log in to all these different ERP systems and kick off batch process, so we went into payments. And in payments, we have a host of partnerships. Now, today we announced the relationship with American Express in the UK and Australia for virtual credit card payments. Now it's very simple in Coupa, someone needs a good or service, it gets routed through workflow for approval. Once approved, a dynamic credit card number is generated by American Express, the individual makes the purchase, and all the reconciliation, the back-end is handled by Coupa. All the reporting, the visibility, the insights to price points and category assessments are there and visible and the company's in a position to fine tune their spend profile. So that's just one example, and we're doing things in dynamic discounting and accelerating payments. We've just launched today in general availability and Robby will be discussing it tomorrow ahead of business acceleration. We launched our batch payments capability, the ability to do invoice payments in batch along any rail, whether it be banking relationships, whether it be eCheck, whether it be credit card, going into one environment and kicking off batch payments without having to wait for all these different ERP systems to take hold. So we're really at the, in my mind, at the very beginning of addressing a huge market opportunity, we're proud of what we've achieved so far. I'm particularly proud of the customer community developing around us, and we're excited about the days, weeks, months, quarters, and years to come. >> So you talked about, last question, the big TAM, in this total adjustable market. What are some of the core elements to Coupa's path to a billion in revenue? >> We're not as exciting to many investors as a hot startup that grows really quickly and maybe has some sort of viral component to it. We've been at this for over 10 years, we've grown thoughtfully, we've grown carefully. The growth is fast 30, 40 plus percent, but it's thoughtful and careful, it's one customer at a time. We're careful in how much we spend on sales and marketing, especially want customers to choose us rather than us hard-selling them on everything, we want the offering to sell itself. We have an ecosystem of systems integrators, now more than 3,000, Centric, APMG, Deloitte, and others that are certified on deploying Coupa. We're expanding our product footprint, our customers now use on average 4.7 applications from us and they're consuming those applications rather than us pushing them on them. We're expanding globally, we're expanding in terms of the enterprise business and the mid-market business. Our mid-market business is now really at scale and scaling beautifully, it's a beautiful business model. So those are just some of the vectors in which we'll continue to expand, but I think the path to $1 billion for us is very clear, and ultimately comes down to execution, delivering for every customer, making sure they're getting value from working with us year in and year out, and I think before you know it, we'll be on the doorstep of that $1 billion. >> Excellent. Rob, it's been a pleasure having you back on theCUBE. Thank you for having theCUBE out here in London, we appreciate your time. >> Thank you. >> For Rob Bernshteyn, I am Lisa Martin, you're watching theCUBE from Coupa Insp!re 19. Thanks for watching. (upbeat tech music)

(music) >> Everyone, welcome to a special CUBE Conversation. We're here in Palo Alto, theCUBE Studios, I'm John Furrier, the host of theCUBE video, we're here with a very special guest and the new CEO of a hot startup, Christine Heckart, CEO Scalyr. Welcome to theCUBE, great to see you. >> Thank you. >> Thanks for coming on. So, you're the new CEO of Scalyr, the CEO transitioned. >> Super great founder, great engineering team. >> Yes, yes. >> Hot startup, lot of finance and a lot of customers. Tell us about Scalyr. >> So, Scalyr was founded by a guy named Steve Newman. He is a serial entrepreneur. Scalyr is his 7th company. His 6th company was called Writely and it got bought by Google and is what we all know and love as Google Docs today. So, when he was inside Google, building out Google Docs he had the same problem that a lot of engineers do right now especially if they're on a modern stack. It's really hard to troubleshoot. It's hard to figure out what's running well and if there's a problem where it's at and fix it quickly. And so he left in 2011 and he founded Scalyr. >> And so, the company has how many employees? Just give us the quick numbers of employees, funding, venture involved, customers... Give us the quick numbers. >> The company has a little over 50 employees. It just took a Series A round about a year, a little under a year-and-a-half ago. Led by Shasta Ventures. There are 300 paying customers. We grew the core customer base last year by 170% revenue. So, it's growing very quickly. We more than doubled the employees in the last year. So, like you say, it's on fire and we're trying to scale up ourselves as we help our customers scale. >> So growth is obviously rocket ship growth is an attractive, enticing opportunity for you. You've been there, done that. So, what else attracted you to the opportunity? What made you make the move to take the leadership helm as the chief of Scalyr? >> The thing that attracted me most to Scalyr is that the world runs on code right now. And for companies for whom the code is the company downtime is money, it's critical. But, in these modern stacks, it's really hard to figure out where the problem is. Everything's been so abstracted. And if you're cloud-based, if you're moving to serverless, if you're on Kubernetes or some kind of container platform trying to do orchestration... Any of that makes it faster and easier to build a service but a lot harder to figure out if and where there's a problem within the service. And Scalyr's designed by engineers for engineers on modern stacks to help them figure out where that problem is and get it solved very quickly. >> So obviously the new wave is the cloud. Cloud natives search for big opportunities converging. What's the market opportunity? What are you guys going after in terms of, if you look at the marketplace, what's the segment you're going after? Lay that out, what segment are you in? Is it just cloud, is it a piece of cloud native, what's the market opportunity? >> We serve customers who have applications built on a new stack a cloud-based stack. And typically the people who use us most and who love us most are the site-reliability engineers, responsible for keeping it up and running. Dev Ops, true developers... One of our largest customers is a company called Zalando. They're an older company that did a digital transition, and so they do online e-commerce now, one of the largest in Europe. And for their engineers, 25% of their engineers use the product daily. 50% use it weekly. So, it's part of the workflow. It helps them do their jobs better. So, it's a utility. And the founder, you said, worked at Google, obviously he saw the scale there. They have a site reliability engineer concept that's obviously run a huge infrastructure. Is that kind-of the market you're going after? Dev Ops, SRE types? >> Yep, so we're an observability tool. There's kind-of two camps of observability. We've started in the logging space. So, what we're really known for is the fast logging tool. And the reason why we're known for being fast is unlike all the other architectures that were optimized for the more traditional stack, we've been written and optimized for the new stack and we're the only architecture that doesn't use keyword index in order to do that search. And that's what makes us fast. But it's also what makes us more affordable. And it contributes to, the architecture contributes to the simplicity of how you can use the tool and how the tool is written. >> So, the core tech is, under the hood would be, what, what's the core tech in that. Because speed obviously means you've got some technology there. What's the core technology that makes that speed work? >> So, we're a true multi-tenancy product, we run on Amazon ourself, it's a multi-tenancy system, it uses massive parallel processing. And basically we can ingest any data, in fact we're designed for machine data, for logs, for things that don't, they're not full documents, it's not like a video or something on the World Wide Web. These are little tiny events that come in and there's lots and lots and lots of them. Scalyr is the name of the company, we scale up and we scale out. And what we do is, when you go to run a query we throw every processor in our system at every query that comes in. And the reason why that becomes important in this multi-tenancy architecture is the more customers we have, the more data that we ingest, the more servers we have to throw at every query for every customer. So as we grow, the service gets better, it gets faster, it gets more affordable for all customers. >> That's the best thing about the cloud, you can bring that compute to bear so you have a little flywheel of acceleration. Talk about the role of data, because this is interesting, one of the core problems we hear a lot in the cloud native world is that so many, now, sets of services being deployed Kubernetes is becoming the de-facto sceme for orchestration around micro-services, containers obviously they're our standard as well. Which means there's more instrumentation, right? So, I could almost see how the founder saw this future because he lived it. >> Exactly. >> He lived the future, and now the real world's going "hey, we have that Google-like problem, we have tons of services playing around but it's not just logging and getting a query back in minutes. These services are talking to applications through each other. This is like mission critical. >> Very mission critical. >> Is this what you guys are doing? >> Right, if you are running in a traditional environment and you're running sort-of traditional applications there are really good logging solutions out there for that. That's what Splunk was founded on, they're amazing at doing that. But, nobody had built an optimized logging system and an observability system for the new stack. And that's what we're designed to do. And you use, you said, in minutes. And minutes is what it takes for most log queries in a traditional environment. 96% of all of our queries happen in less than a second. We're fast. >> So, this is really what the Agile teams need, Dev Ops teams need. >> Yes. When code is money, when it's the company, when every second of downtime, or even a service that's impaired, it might not be hard down but it's not running the way that it should, that impacts the customer experience, it impacts how many customers you can get if you're a real-time business, it impacts revenue. It's important to get that service up and running quickly. >> So, you guys are re-imagining logging, which is more mission critical rather than okay, where the breach is, what's going on in the basic logs, like Splunk used to do. So, talk about the product. Who's the target persona, how is it consumed, you mentioned on the cloud, is it SAS? How does someone get involved, do they just download it, do they get a consult, talk about the product and the target audiences. >> So, it is SAS, it's delivered by SAS. We don't have a non-prime service today or an offering. And, typically it's the site-reliability engineer, the architects, the developers themselves, Dev Ops for sure, Cloud Ops, they're the ones that are using the tool day-to-day. And it's a beautiful dashboard, a lot of it is just point and click. You can go in, if you want to add English-language query, you don't have to learn a special query language to use this, that's why people say it's so fast and easy to learn to use and I think that's why we get the kind of daily usage we have. You don't have to be an expert in the tool, it's very intuitive, you get a dashboard, you can just keep clicking down off of a chart and get all the way to the code. In fact, we can link you from where the problem is straight into the code that underlies that so you can then go and solve the problem. >> So, it's really easy to get into. >> Very. >> So I don't need do any kind of elaborate configurations? >> No. You don't need to do elaborate configurations and, as importantly, you don't need to learn a new specialized query language. Which, again, in the more traditional systems you find that there's only a few people that really know how to use the product because you have to learn the query language. It's kind-of like CLI or something in networking. And so there's a few specialists and they're very good, but if you're an engineer and there's a problem and you want to use the tool, you don't have time to become an expert. You've got to just use it. And so, even though it's designed to search machine language, you can use English, it's pretty easy to figure out how to write that query, and it comes back so quickly, if you didn't get it quite right you can just refine and do the search again and narrow down. >> I can see why the V.C.'s like this, the venture capitalists, because it markets good, big wave, cloud native lot of growth there. Certainly hyper-scalers, enterprisers are coming next, so I can imagine that's more head room. Product is consumable, SAS, in the cloud, technology that's fast, compelling, >> You're good, you can be on the pitch team. >> Final check box is customers. >> Yes. >> So, how many customers do you have? >> We have 300 paying customers. That doubled in the last year, and we have some big names and a lot of small companies. So, some of the fun ones are Giphy, my kids love that, my husband, right? Using them every day. NBC Universal, kind-of on the other side of that. Companies for whom the application is the business. And it can be a traditional company that's trying to launch new digital transformation initiatives, or it can be companies that were born in the cloud. >> And that's only going to get better, again, the markup. There's more companies going to the cloud. Talk about multi-cloud, because you know we had conversations in the past before you came on Scalyr around multi-cloud. That's only going to increase the sets of microservices and the role of data. Not just code, because code is data. Data is code. It's going to be a whole data ops movement coming soon, we see that tsunami coming. How does the multi-cloud fit into all of this in your mind? Is it too early, is that coming later? Or, is it available now? Could your customers have the multi-cloud now? >> For our customers, if they are in a multi-cloud environment today, we're an ideal tool for them 'cause we can run on any of their clouds. Most customers are not yet in multi-cloud, but they're trying to get there. Just like most customers are not yet fully containerized, but you want to pick a tool today that will grow with you and get you to tomorrow. And that's where Scalyr comes in, because we are designed and optimized for that environment. And, there's kind-of no scale too big for us. The company was named very deliberately. We can scale up, we can scale out, and we can continue to be simple and fast as your business scales. >> Christine, you've had a track record, you've had a great career, you've seen a lot of waves of innovation. You've been working for big companies, a dozen start-ups, now you're back at a start-up. So, I got to ask you a personal question, how does it feel? What's it like back into the trenches? And, you've got a hot start-up here. One month on the job, what's going on there? >> I love it. I really love it. You know, there's 50 people in the company every one of them is high-energy they're so committed to the cause. You know, when the world runs on code and you help that code run better, you're making an impact on the world every single day. These people know it, they feel it. They're very committed. And, unlike some of the much bigger companies I've been at, you can innovate so quickly. So, I just finished my first 30 days onboarding, I have talked to our big customers, a couple dozen of our really big customers. And, they all say a couple of things over and over again, there's just some consistent themes. Fast always comes up, it's usually the first word. Simple comes up. Affordable, which is nice. People pay a lot of money for these tools and they don't always feel good about all that money. We can come in and be much more affordable and they appreciate that. But, the thing that kept coming up over and over again was the customer service and the customer support. And nobody, I come from worlds where nobody ever raves about customer service and customer support. So, it was odd and I dug a little bit, and there were two pieces to that. One, because we're 50 people, when somebody has a problem, we're all-in. It gets solved quickly. A lot of times we can sort-of flag that problem for the customer because we're keeping track. But the other thing that was brought up is when they need something that maybe we don't deliver today they ask for it. And a lot of times we can give it to them pretty quickly. There's not some big, huge long roadmap process. We're a small company, we can't always do it quickly, but a lot of times we can turn stuff around and it's great. >> Well, you're hitting the ground running, got your running shoes on, sounds like a great opportunity. You've got a lot of work to do! What are some of the priorities? I'm sure hiring is big. Take a minute to give the plug on for any hirings you have. >> So, we're just moving to brand new facilities in downtown San Mateo a couple blocks from Caltrain. And that is because we doubled the company size last year, and we need to double it again this year. So, we are hiring, if you know of any great people, please send them to us. We announced some new things at Amazon Reinvent, late last year, one of which is new distributed tracing. We're on the very leading edge of this trend, and it's an important one. It's probably a conversation maybe with Steve himself. Yeah, he's very knowledgeable, and it's a fascinating area because the APM systems, again, kind-of the traditional if you can say that for APM, have all been built for the front-end, for the websites. But, once you move into these container environments you need that same kind of capability for the back end. And so you need something called distributed tracing. It turns out that if you're born in the logs like we are doing that distributed tracing which links them together and gives you a picture systemically of what's happening and how you link the events for a fuller picture. We're kind-of uniquely good at that. So, we've got that coming out later this quarter. >> That'll attract some engineers 'cause that's a hard problem. >> It's a hard, a lot of the problems we solve are hard, interesting problems, and they're problems for the new stack, and they're problems at scale. And smart engineers like to work on that. >> You know, state's a big one, stateless applications, state is a huge problem I'm sure you guys are on, this is where the tracing plays in. >> Yes, exactly. >> Final question for you before we end is competition. Certainly people who are in the new world, going cloud native, they get it, they get the complexity, they get the opportunity as well. So, there's a lot of investment there. But, the folks that are looking at Scalyr like "ooh, what's the competitive lens"? How do you answer that? What's your response to differentiate, being different from the competition? So, there's lots and lots of observability tools, and even logging tools in the market. And from that standpoint you could say there's tons of competition. They're all built on keyword indexing, so they're all optimized for looking back, for yesterday's world. We're the only ones that are built on this very new architecture, designed for the future stack, designed for the new stack. And, we're the only ones that don't use keyword indexing. And, what we have is this amazing, multi-tenancy, columnar-based approach that gives you these advantages of fast, simple, and affordable. >> So you're staking the ground in the marketplace of speed, sub-second response, 2 queries, 4 runtime applications that are mission critical to businesses. Is that right? >> Said very well, thank you. >> Well, that's what we do here at theCUBE, we figure it out, we get the data. >> Christine, thanks for coming out. Congratulations on the new role. We'll be following you guys. Love the name, Scalyr. Scaling is table stakes now in the cloud. If you don't compete at scale, or operate at scale, or develop at scale, you're probably going to be in trouble. So, theCUBE's covering it as always. Thanks for watching, I'm John Furrier.