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Sowmya Murthy

๐Ÿ‘ค Speaker
213 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

Yeah, great question.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

Analytics services because most of what the fundamental issue with the industry was

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

they're all these siloed stovepiped ERP and legacy systems, none really talking to each other.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

And at the time, yeah, you had spot firing, but none that understood the complexity of the industry.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

So we, our bread and butter has always been understanding the core structures of all the systems, data structures of the systems underneath.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

In fact, our CEO on his, his passion is around data architecture and, you know, he's, he's a,

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

if I may call him a data geek.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

That's his core passion.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

I know up until the point the company had sold around $100 million in services.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

So he had a course of years, right?

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

So I don't have an annual number, but Shuva had already accomplished what

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

many entrepreneurs would love to see and was doing it in a services business.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

And his intention at the time was, come on, let's productize so we can get out of the services business and actually create products that then drive, as you know, better valuation.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

I'm sure it wasn't.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

So by the way, that was a total, but you're right.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

Shiva's choice to go and do this.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

And by the way, this is one of the reasons I love working with this guy.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

He's just phenomenal.

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

He makes some of the most maverick bold moves because at the end of the day, what he cared most about and what he saw coming down the pike was services wasn't going to solve

SaaS Interviews with CEOs, Startups, Founders
Oil SaaS! They Broke $7m, Can They Hit $10m This Year?

because here's a big thing that was not happening in the industry, Nathan.