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Organizations spend ungodly amounts of money — millions of dollars — on business intelligence (BI) tools. Yet, adoption rates are still below 30%. The reality is, these tools are great for a very limited set of use cases among a limited audience of users — and the adoption rates reflect that reality. Why is this the case?
too, with not just talent but more money going into regions beyond the usual suspects. Here, it’s one of the many companies that have dived into the area of building apps and larger pieces of software aimed not at “knowledgeworkers” but those who do not sit at desks, are on the move and tend to work with their hands.
It’s been built for what Huffman thinks is the future: digital knowledgeworkers, a term he uses to describe independent tech workers who freelance for different companies or gigs. The early adopters are independent workers who want to work or advise for a product team. “So
The valuation of this round is not being disclosed, but I should point out that an investor told me that PitchBook’s estimate of $122 million post-money is not accurate (we’re still digging on this and will update as and when we learn more).
One barrier to adoption of social media tools (and other technologies) is a concern from management or your boss about the value or benefits. What's the roi? Are you simply wasting your time? Are you, gasp, "not getting anything done"? Tony points out this paragraph: I believe that blogging falls into the unproven category.
So one of the things that’s really interesting about that is you talked about how much money Netflix has to spend on content. Warner Media is going to spend all of AT&T’s money on content. Kind of at the basic level, YouTube doesn’t spend any money on content compared to the amount of content on YouTube.
Our fund targets two primary themes: B2B vertical SaaS and SaaS-enabled businesses/marketplaces, and broadly what we call knowledgeworker tools — DevOps, cybersecurity and other typically product-led horizontal applications. If you think of Miami as a product and evaluate its adoption curve, it seems like we have reached the chasm.
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