Filter Results
Results
I'm here in Kensington, London this morning to get an update from WalkMe, the well-known digital adoption platform. Arguably the poster child for the fast-emerging cottage industry, I've seen solutions in the category spread across organizations as they grapple with getting today's cornucopia of tech more effectively used by their workers.
Analyst Blog
The timeline of Salesforce announcements has felt ominous, surprising and doom-worthy to be sure:
Analyst Blog
“Always be closing.”
The minute Alec Baldwin’s character Blake said it, we all knew it would be the mantra that would stick. We also knew it shouldn’t.
That infamous line from the film Glengarry Glen Ross has been quoted sometimes as sales motivation…sometimes as irony. But it assumes one thing: The act of selling—and more importantly closing—only happens in the Sales department by Salespeople.
Analyst Blog
Driving Growth and Innovation: DisrupTV Episode 302 with Tiffani Bova & Dr. Richard Winters
In Episode 302 of DisrupTV, hosts R “Ray” Wang and Vala Afshar sit down with two thought leaders who are shaping the future of business and organizational strategy:
Video
Based on my FIDO Authenticate Conference speech, 2022 https://authenticatecon.com/session/leading-at-the-edge-fido-and-the-normalization-of-cryptography/
Since its inception in 2013, the FIDO Alliance has played a largely unsung role in consumerizing cryptography. FIDO has helped to embed a standard cryptographic stack that extends from the cloud all the way out the edge, where consumers enjoy supremely powerful yet blissfully easy-to-use security.
I assess FIDO to be the most important identity industry consortium of all time. FIDO’s mission, of course started out in solving the world's password problem. And along the way, it has normalised a minimum set of edge device capabilities — a de facto standard for the mission-critical cryptography that we all depend, without knowing it, on in the digital world.
Analyst Blog
A blog based on my FIDO Authenticate Conference speech, 2022. https://authenticatecon.com/session/leading-at-the-edge-fido-and-the-normalization-of-cryptography/
The FIDO Alliance has helped to embed a standard cryptographic stack that extends from the cloud all the way out the edge, where computerized devices increasingly come with a built-in basket of security and privacy primitives, for developers to leverage.
As the alliance has evolved, FIDO has branched into the Internet of Things https://fidoalliance.org/internet-of-things/ but even before it defined new activities for that domain, I reckon FIDO had established a de facto baseline for authentication (and authorization too) on the IoT. This is because almost anything humans do online will soon be done by non-human actors.
Analyst Blog
I'm here at The Wynn hotel in Las Vegas as the huge AWS re:Invent 2022 confab kicks off today. The event catches the cloud services giant at a historic inflection point, as the cloud hyperscaler industry enters early maturity and the epic capital bets Amazon has made over the last decade and a half are showing their wisdom (or not.) The wildcard?
Analyst Blog
During this CCE 2022 Brain Trust panel, Constellation analyst Steve Wilson interviews Heather Dahl of Indicio, Julia Bardmesser of Voya Financial, and Adam Gunther of Equifax about digital safety best practices, the future of de-centralization, and more. Hear what these data security experts have to say about the future of privacy!
Video
Offering Overview
Executive Summary
Tiny Habits, Big Impact: Leadership and Innovation Insights with Daphne Jones, BJ Fogg & Ron Miller
In Episode 301 of DisrupTV, hosts R “Ray” Wang and Vala Afshar sit down with three thought leaders who are redefining leadership and innovation:
Video
DisrupTV Episode 300: Bold Leadership, Breakthrough Innovation & Surprise Guests
Episode 300 of DisrupTV is a milestone celebration featuring Grad Conn, Christopher Frank, Paul Magnone, Oded Netzer, and surprise guests. Hosts R “Ray” Wang and Vala Afshar dive into leadership, innovation, and the evolving dynamics of organizational growth.
Video
News Analysis: Bear Market or Tectonic Shift?rwang0 Sun, 11/13/2022 - 10:49
The Nasdaq Composite closed out the week with its biggest two-day gain since 2008. CPI numbers hinted that inflation was subsiding but the Fed has the final word. Will rate hiking go from 75 to 50 basis points?
The normal cycle of tightening market goes:
Drop in valuations
Earnings misses
Credit crunch
Unemployment
Real estate shock
We’ve hit only the first phase, and not completely the second. In fact, Nasdaq 100 enterprise value to sales ratios dropped from 5.40 in Jan to now 3.71. Average ratio was 3.35 over the past 10 years. Cost of capital continues to drive alternatives to growth stocks 10 year Treasury is now 3.828 giving folks alternatives to growth stock risk assets No new technologies have disrupted incumbents and in fact there are less competitors not more in each market segment.
The Bottom Line: More Bear Market Rally Than Tectonic Shift, But Bet On MATANA and Dividend Payers
That being said, not all tech stocks are created equal. The MATANA super set of stocks show resilience. As investors shift from FAANG to Microsoft, Apple, Tesla, Alphabet, Nvidia, and Amazon, these big bets rest on 5 key elements:
Building the largest networks - connecting billions of users, devices, or networks.
Disintermediation of customer account control - aggregating networks onto a single platform, portal, or user experience.
Compete on data - bringing together the objects, context, actions, and insights into the largest business graph
Earn revenue on multiple digital monetization models - monetizing ads, search, goods, services, memberships, and subscriptions
Follow a long term mindset - abiding by the rule of 40 and investing for escape velocity
The technology stocks that don't follow these five key elements of digital giants will continue to wither. Consequently, Facebook and Netflix no longer qualify to win as digital giants. Alibaba would meet many of these requirements but the CCP China infiltration hampers their ability to win.
One other key category of stocks are the dividend paying tech stocks. Here's five that meet the MATANA profile.
Apple
IBM
Intel
Microsoft
Oracle
Your POV
Do you see this as a shift or bear market rally? Make your case? Will Cloud stocks in the enterprise lead their way?
Add your comments to the blog or reach me via email: R (at) ConstellationR (dot) com or R (at) SoftwareInsider (dot) org. Please let us know if you need help with your strategy efforts. Here’s how we can assist:
Developing your metaverse and digital business strategy
Connecting with other pioneers
Sharing best practices
Vendor selection
Implementation partner selection
Providing contract negotiations and software licensing support
Demystifying software licensing
Reprints can be purchased through Constellation Research, Inc. To request official reprints in PDF format, please contact Sales.
Disclosures
Although we work closely with many mega software vendors, we want you to trust us. For the full disclosure policy,stay tuned for the full client list on the Constellation Research website. * Not responsible for any factual errors or omissions. However, happy to correct any errors upon email receipt.
Constellation Research recommends that readers consult a stock professional for their investment guidance. Investors should understand the potential conflicts of interest analysts might face. Constellation does not underwrite or own the securities of the companies the analysts cover. Analysts themselves sometimes own stocks in the companies they cover—either directly or indirectly, such as through employee stock-purchase pools in which they and their colleagues participate. As a general matter, investors should not rely solely on an analyst’s recommendation when deciding whether to buy, hold, or sell a stock. Instead, they should also do their own research—such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC—to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances.
Copyright © 2001 – 2022 R Wang and Insider Associates, LLC All rights reserved.
Contact the Sales team to purchase this report on a a la carte basis or join the Constellation Executive Network
Analyst Blog
“Why can’t MARKETING speak in the language of the BUSINESS”
This has long been the lament shouted from the corporate hilltops as marketing metrics scrambled to find solid ground. In the early days of digital, the cadre of “descriptive metrics” like “views” and “clicks” sought to quantify value in a tit-for-tat “we paid x and got y that only we can understand and define” model that infuriated finance leaders.
Analyst Blog
Innovation, Resilience, and Data-Driven Leadership: DisrupTV Episode 299 with Brian Wong, Ajeet Singh & Derek Lidow
In Episode 299 of DisrupTV, hosts R “Ray” Wang and Vala Afshar engage with three industry leaders who are redefining innovation, entrepreneurship, and leadership:
Video
Best Practices
Executive Summary
Data shows that most business and digital transformation efforts continue to fall short of the mark in terms of results, due to a complex interplay of issues that makes digital and business change too often fraught with risk and unmet expectations.
Breaking news
Verifiable credential innovator Indicio has joined the Google Cloud Partner Advantage program, a partnership that gives Google Cloud customers access to a proven family of open-source solutions and software components for authenticating and sharing high-value information. This enhancement to the Google Cloud will make digital verifiable credentials easier to issue and easier to verify.
Analyst Blog