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Ben Nye

๐Ÿ‘ค Speaker
148 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

We do enable people to purchase on a term basis.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

So a lot of the alignment with business practices would be, or business models would be, for service providers and others, a term-based approach.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

But many people, early on in particular, requested and wanted to buy it on a perpetual basis.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

So we've actually...

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

And accommodated the customer's request in terms of how to acquire the software in whatever fashion they liked.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

No, it would be, we'd size the environment based on the sockets and core count.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

And then, yes, you would buy it to cover as much of that environment as you want.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

No, I think we're, look, 91% of our customers have a three month full payback.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

So by definition, we've, you know, even with the price increases of the last four years, we certainly feel that we've offered a huge consumer surplus to our customers.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

It really comes from modernizing how they run their environment.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

So maybe I should just spend a second on that, if that's OK.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

So think about this.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

The world of IT management for five decades has always been about an allocation based model.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

All right.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

So you tell me you're going to build a new application.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

How are you going to size it?

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

And they guess.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

And they might say they're talking a line of business, but ultimately it comes down to an allocation or otherwise known as a guess.

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

Well, if you can't size it, then how do we know where to place it?

SaaS Interviews with CEOs, Startups, Founders
EP 467: $60M Raised To Help CIO's Manage Their Cloud with CEO Ben Nye

Same thing.