Amazon Web Services has out done itself.
AWS Summit, for being one day and for one company, provided an excellent platform for discussion. As we spent our time in the Startup expo area, we had the opportunity to network with other Startup founders, as well as attracted individuals interested in innovative technologies.
This environment provided a great opportunity to discuss our solution.
Here is our review of the AWS event and some of our key take aways:
Startup Pitch Battles
Datapath.io had the honor of being selected to participate in the AWS Summit Pitch Battle in the Dragon’s Den. Sebastian Spies, our CEO, had a great pitch and we received a tremendous amount of feedback.
The pitch battle consisted of a 3-minute pitch with the ability to present your company pitch deck. Once completed, there was a panel of 5 judges who provided feedback, and there was an opportunity for rebuttals.
The companies involved in the Pitch Battle were xMinutes, Semiotic Labs, Stilnest, Kinetise, and us, Datapath.io. Semiotic Labs won the Pitch Battle, and this was well deserved as their pitch was seamless and excellently delivered. The winner had the honor of being announced during the keynote by Werner Vogels.
Being able to participate in the Pitch Battle at AWS Summit provided an excellent environment to handle objections, as well as enhance the effectiveness of our story.
Cloud Computing is the Next Frontier
Having the opportunity to sit in on a session by acentix GmbH, they provided an excellent presentation with regards to the state of the cloud computing market. A space which is rapidly growing, and it is no surprise there is a flood of companies entering this space. The cloud market is estimated at roughly $91 billion, although we have seen this figure slightly different depending on the source.
We do not need to discuss the benefits of migrating to the cloud, but there are a number of reasons why companies are not. The biggest being the cost to get there. Once operating on a cloud platform, there are countless tools to make business more productive, efficient, and intelligent.
AWS Summit has reinforced that cloud computing is undoubtedly the next frontier. The challenge is migrating companies to the cloud.
Cloud Migration is a Problem
As cloud adoption rises, there are a number of pain points companies will be facing. This is where we saw quite a number of cloud consulting firms. This is companies assisting in the transition to the cloud, in this instance AWS. Also, once migrated, these companies provide suggestions on tools to use, as well as consult on an ongoing basis.
The final service provided is managing of the tools used in monitoring and managing cloud applications. As more companies are employing DevOps once operating in a cloud environment, this has opened a number of market opportunities for businesses to provide highly valuable services.
As AWS Summit has come to a close, we now enter the follow up period. As it stands today, we are extremely pleased in our participation of AWS Summit, as well as the phenomenal dedication to hosting a great conference by the AWS team.
Datapath.io says thank you for the spectacular event.