The hyperscalers delivered better than expected results in Q4, reflecting a moderation of optimization headwinds and increased demand for AI services. I review the earnings reports and consider the implications for the rest of software infrastructure.

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With cloud spend optimization moderating and support for AI workloads, data infrastructure providers have a better outlook in 2024. I examine how Snowflake, MongoDB and Confluent are positioned and potential growth drivers this year. $SNOW $MDB $CFLT

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Cloudflare delivered a better than expected earnings report in Q2, with particular strength in large customer additions and improved operating leverage. In this post, I review the results and gauge the impact of their expanding product offerings. $NET

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Driven by growth in large customers, elevated NRR and improving operating leverage, Confluent delivered another quarter of strong results in Q2. In this post, I review the report and check in on their evolving product strategy. $CFLT

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Hyperscaler Q2 earnings were better than expected, with management commentary reflecting a moderation in customer workload optimization. In this post, I review the results and examine implications for the rest of software infrastructure.

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Snowflake and Databricks held their annual user conferences during the last week of June. In this post, I parse through all the product announcements and try to infer how each is positioning their platform relative to the evolving AI opportunity. $SNOW

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MongoDB expands relationship with Microsoft. Expected to increase workload migrations to MongoDB Atlas on MS Azure. $MDB

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MongoDB's recent user conference included some exciting product announcements, with a particular focus on supporting AI workloads. In this post, I revisit their product positioning and review the strong Q1 earnings report. $MDB

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Investors appear to be looking past Snowflake's Q1 results for a new growth catalyst from AI. In this post, I review the Q1 report and how Snowflake's product offerings are evolving to capitalize on the opportunity. $SNOW

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Datadog continued its pace of incremental product module adoption by customers in Q1, providing a broader foundation for growth when cloud optimization headwinds abate. In this post, I review the Q1 results and their overall product strategy. $DDOG

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Following up on this post, Datadog brought Workflow Automation to GA today. They now have 21 product modules in market, up from 10 in January 2021.

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Confluent's cloud business is growing rapidly and projected to contribute half of total revenue by end of 2023. In this post, I review the company's Q1 earnings report and examine their latest product announcements. $CFLT

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In their Q1 report, Cloudflare discussed elongated sales cycles and a GTM restructuring, followed by more detail during Investor Day. In this post, I review the Q1 results and examine how their product strategy is aligning with enterprise adoption. $NET

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Earnings reports from the hyperscalers last week reflected ongoing headwinds from customer workload optimization. In this post, I cover the results, the potential tailwind from AI and then try to project a path forward.

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New product launch from Datadog. This brings total monetized product modules to 20, double the count available just two years ago. $DDOG

With an increased interest from enterprises in modernizing their data infrastructure, Confluent appears favorably positioned. In this post, I revisit their product offering, the Immerok acquisition and the potential for sustained growth. $CFLT

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MongoDB set a low bar for revenue growth this year as part of their Q4 earnings report. In this post, I review the results, as well as loop back on their product vision, competitive position and expanded collaboration with the hyperscalers. $MDB

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In their Q4 earnings report, Snowflake surprised the market by lowering their full year product revenue guidance to 40%. In this post, I review the results, discuss several recent announcements and revisit their broader product positioning. $SNOW

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I just published "Snowflake tables on Cloudflare R2".

When replicating data to multiple regions, egress costs can be quite significant. So this is exciting: Now @SnowflakeDB can use @Cloudflare R2 as external storage for tables— featuring 0 egress fees❄️

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In their Q4 earnings report, Datadog's preliminary 2023 revenue guide implies more deceleration than investors expected. I dig into the results, revisit their competitive position and examine why the durable growth story appears intact. $DDOG

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FYI - It appears that the link isn't working on mobile devices, but does work on desktop. Commonstock is addressing.