Sagnik Nandy’s Post

25 years of impact and we continue to raise the bar for using business as a platform for change. Dive into our new Stakeholder Impact Report: https://t.co/woULjAos2r https://t.co/6BDXpJ3dDH

In three clicks or less, empower users to act and make business decisions with data-driven information. See how ➡️ https://lnkd.in/ePQ2e-qU

Varonis' financial results for the fourth quarter of 2023 reflect the strong adoption and the sustained momentum of our cloud-native Data Security Platform. With a 66% SaaS mix of new business generated and a significant increase in existing customer conversions, we continue to see meaningful improvements to our overall ARR, free cash flow, and ARR contribution margin. "The strong demand for our SaaS platform is reflected by our fourth quarter SaaS mix of 66% versus our guidance of 60% and better than expected existing customer conversions. This adoption benefits ARR and free cash flow and we expect the uptake of SaaS to accelerate in dollar terms in the coming year, which positions us well as we enter 2024," said Varonis CFO & COO, Guy Melamed. Learn more in the full earnings release below.

Varonis' financial results for the fourth quarter of 2023 reflect the strong adoption and the sustained momentum of our cloud-native Data Security Platform. With a 66% SaaS mix of new business generated and a significant increase in existing customer conversions, we continue to see meaningful improvements to our overall ARR, free cash flow, and ARR contribution margin. "The strong demand for our SaaS platform is reflected by our fourth quarter SaaS mix of 66% versus our guidance of 60% and better than expected existing customer conversions. This adoption benefits ARR and free cash flow and we expect the uptake of SaaS to accelerate in dollar terms in the coming year, which positions us well as we enter 2024," said Varonis CFO & COO, Guy Melamed. Learn more in the full earnings release below.

Seamless Transition Checklist: Migrating Individual and Team Data to Google Workspace Like a Pro" 📋🌐 Ensure a smooth journey with this comprehensive guide! https://ow.ly/BSK550Qpcxl #GoogleWorkspaceMigration #DataTransitionChecklist #TechGuide #DigitalTransformation

Positivity is a great thing in life and in business. +15% YoY in TOTAL ARR. +26% YoY in Cloud ARR. +97 YoY with customers greater than 1M. "In Q3, we grew Total ARR to $4 billion, up by 15% year-over-year. We ended Q3 with 851 customers with $1 million or more in Total ARR, up by 97 customers since this time last year. We also achieved an important milestone during the quarter: Cloud ARR now represents the majority of Total ARR, having grown 26% year-over-year. Despite ongoing macro uncertainty, customers worldwide continue to partner with Splunk to stay resilient as they modernize and migrate critical systems to the cloud." #splunk #growth #YOY #results #q3 Splunk lastly, have you ever noticed the "YoY" acronym looks like someone with their hands up jumping for joy.

Calling all #SalesforceAdmins! Join Brad Brochocki and Adam Kruse of Conga, alongside David Giller of Brainiate, for a dynamic discussion on March 28. Learn how to navigate the "Digital Future in Financial Services" and leverage automation to drive business efficiency. Register now to gain valuable insights: https://okt.to/gwEGiv #DigitalTransformation

If you want to discover 4 key strategies for partnering with Salesforce in Financial Services, gain insights from the recent Partner Briefing! Looking to collaborate with ⛳️ James E. and his team? Dive into the video's link below or swipe through for key takeaways! ➡️ Financial Services Partner Briefing: https://lnkd.in/eWhcNT5W

If you caught the webinar I ran last week and want to see how we can help you incorporate #DomainStorytelling into your work process, reach out to us here: https://lnkd.in/gNqkMcxc If you missed the Domain Storytelling webinar I did at the end of August, I highly recommend you check it out in the shared message!

New cool kid on the #Cloud block. Actual US$134.99M vs est. US$131.65M in Compute Revenue from Akamai Technologies. Growth of +20.1% YoY. Shares @US120.9 (-5.66%) at after-market. Compare to Sales Growth YoY by EOCY 2023: Microsoft: +19% (US$24.3B, includes all Intelligent Cloud) Amazon: +12% (US$23.1B) Google: 22% (US$8.4B) Digital Ocean: 16.4% (US$177.1M, Sep-30/23) Market Share Q3 2023: Total Global Cloud Services Market set to be US$68B AWS: 32% Microsoft: 23% (DB: catching up fast!) Google Cloud: 11% --- Hyper-scalers subtotal: 66%