Higher Quality Outputs are Expected

Higher interest rates, fragmented platforms, WFH uncertainty, VC funding declines, generational blending and technology shifts are going to force a new level of quality to be demanded by businesses. 

SHOW: 736

CLOUD NEWS OF THE WEEK - http://bit.ly/cloudcast-cnotw

CHECK OUT OUR NEW PODCAST - "CLOUDCAST BASICS"

SHOW SPONSORS:

• Find "Breaking Analysis Podcast with Dave Vellante" on Apple, Google and Spotify
• Keep up to data with Enterprise Tech with theCUBE
• GCore - Global Hosting, CDN, Edge and Cloud Services
• Use promocode “CLOUDCAST” to receive a €100 credit on Gcore services
• Equinix Global Data Centers and Networking 
• Learn more and signup at https://deploy.equinix.com/. Use the coupon code CLOUDCAST to get $500 in credits to get started.

SHOW NOTES:

• A few charts about Q2 VC funding (Josh Wolfe)

“THAT’S A ZERO INTEREST RATE PROBLEM, BRO!”

• The power dynamics have changed and continue to change (money, location, communications, etc.)
• Dumb money is getting harder to find, hence ideas need to be better and execution needs to be better

EXPECTATIONS OF HIGHER QUALITY ARE GOING TO RISE SIGNIFICANTLY

• The unicorn boom of 2020-2022 will face a reckoning by the end of 2023 or mid-2024
• VC funding is getting harder to obtain 
• Higher interest rates are going to create higher (internal) hurdle rates within companies
• Social media channels are fragmenting
• Working collaboratively is getting more difficult because of both WFH fragmentation and generational fragmentation
• Collaboration will be needed to teach what is expected and acceptable
• AI is going to create a new level of “commodity” of tasks and product capabilities
• Customers are going to have new pricing power as they watch vendor sales slow down

FEEDBACK?

• Email: show at the cloudcast dot net
• Twitter: @thecloudcastnet