
Welcome to Episode 5 of the Cloud Wars Horizon Minute — featuring news and commentary hosted by Acceleration Economy analyst Tom Smith. Each episode provides insights into a new group of companies that are being introduced to the Cloud Wars Audience.
This episode is brought to you by Cloud Wars Expo. This in-person event will be held from June 28th to 30th at the Moscone Center in San Francisco, California
Highlights
00:10 — Today’s reports focus on cloud company earnings from MongoDB, HPE, and Veeva Systems.
01:45 — MongoDB reported 57% revenue growth. Its revenue and earnings significantly surpassed expectations, powered by strong customer demand for its flagship MongoDB Atlas database.
02:25 — Events in China and Russia negatively impacted HPE‘s results, but still, its as-a-service business orders more than doubled for the third consecutive quarter.
03:05 — Veeva, a provider of industry-cloud software to the life sciences industry, reported double-digit revenue growth.
03:25 — Veeva execs said large deals are progressing well as they continue to respond to inquiries about the state of the macroeconomic environment.
Want to gain more insights from Cloud Wars Expo?
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