Bill Fitzgerald

The Clarity Business Solutions, Inc team is looking forward to this event. Let me know if you will be there, would be great to sync up and talk about how MongoDB is igniting mission driven modernization. #modernization #genAI

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This week, Jeff Skelly, Melissa Miller and I sat down with Julie L. Mohr, John Feldmeier, Jackie Rocca, Ema Patki, Craig Vaughan and Sean Crabtree, who represent various industries and roles, to discuss their perspectives and challenges in adopting AI. We all share a common desire to separate AI hype from reality, so we focused the discussion on creating tangible outcomes for our teams: 1. Quality data is crucial: AI is only as good as your data. Ensuring data integrity and completeness is a prerequisite for meaningful AI-powered experiences. Data quality initiatives and governance will become more critical across our organizations. 2. Experiment to identify use cases with the most productivity gains: For example, when we rolled out Virtual Agents internally, they assisted with 50% of requests in the first month of service. Six months later, we reduced the time it takes to resolve requests by 96%. Start with pilot projects, measure outcomes, and refine your approach based on feedback. 3. Joy, not just productivity: Today, Atlassian AI powers quick summaries, smarter search, custom virtual agents and more to free up time so teams can focus on the strategic and creative aspects of their jobs. While this can help productivity, it increases joyfulness for teams by letting them focus on the more enjoyable parts of their jobs. While this is not linearly measurable, this matters even more over the long run than productivity gains.

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The Forbes 2024 Cloud 100 List is live ☁ Congrats to all the honorees – the world's top 100 private cloud companies –including the 3 healthcare and life sciences companies featured this year: • Benchling - biotech R&D platform • Komodo Health - healthcare data analytics • Abridge - AI for clinical documentation For more on how AI is colliding with cloud computing, check out Bessemer Venture Partners's 2024 Cloud 100 report. Personally I'm focused on advancements in multi-modal AI, as applied to biomedical applications (Trend 3!): https://lnkd.in/euzurvQV

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Great interview by Joseph Kovar from The Channel Company of CTERA's Chairman & Co-Founder Liran Eshel! Read more to learn about our recent funding and vision of AI with Hybrid Cloud Storage. #ctera #thechannelcompany #ai #hybridcloudstorage #growth #funding

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𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆-𝘀𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀! We're conducting a benchmarking study to define success metrics specifically for vertical software companies. 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: Existing SaaS benchmarks just don't cut it for your unique industry needs. This research will provide the data-driven insights to measure and optimize your vertical software business. 𝗖𝗮𝗻 𝗬𝗼𝘂 𝗛��𝗹𝗽? A few minutes of your time can make a big difference.

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When stuck in a scenario where revenue is growing at a moderate pace, but not fast enough and burn is putting the pressure on getting to the ARR target of $1M+ faster, Founders need to find a way to grow revenue quickly. One thing Founders get advice on is “increase the deal size and you only need X deals to get there.” The problem is, it’s not just about hitting a revenue milestone, it’s telling the story of your ability to acquire and grow your customer base for the next 10+ years. 

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With the rise of AI, we're seeing more one-size-fits-all solutions than ever. That's why we wrote this article on the benefits of custom software — it's the resource we believe every business should have. Good software should do more than function; it should fit seamlessly into your day and elevate every interaction with your users. Take a read here: https://lnkd.in/eSraceCT #behavioralpsychology #businesspsychology #customsoftware #softwaredevelopment

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For most “AI investing” it’s important to remember that AI is an enabling technology, not an industry segment itself. The underlying business fundamentals (industry, business model, unit economics, etc) of any startup are what drive enterprise value, and as a VC it's important to remain disciplined on the fundamentals when approaching deal making that involves any disruptive technology, like AI. Some of our thinking at 186 Ventures surrounding what we are seeing related to AI related deal making is highlighted in this PitchBook piece. Thanks for taking the time to chat Jacob Robbins!

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Thanks, Bryan Watson, for being the #AngelInvesting ecosystem influencer and cheerleader and asking the tough questions. In this episode of the BetaKit podcast, at timestamp 20:18, Bryan asks the question on all of our minds, "Will the capital gains tax implemented earlier this summer mean decimate angel and VC investment in the fall/winter?" Much has been said about the increase in capital gains, but it was great to hear this perspective on the #AngelInvestor side of things. Rob says that the #CapitalGainsTax is priced in now, and I have to agree. In combination with still high interest rates (which are slowing falling!), this is a buyer's market. My hypothesis, and hope, is that the deal pace will pick up in the fall- we have all had time to adjust to these new winds. There are some really great founders (with a few more hurdles now!) looking to fill their rounds right now! This AMA edition of the BetaKit podcast is certainly worth a listen! Thanks, Douglas Soltys and Rob Kenedi, for the insightful and well-thought-out answers!

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This is an exceptional episode. Worth every minute, twice. https://lnkd.in/gVeCxUuN

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In the startup realm, when pitching to an enterprise -- the more technical your pitch, the faster you’re delegated down the chain of command. It may impress coders, but it can get lost on the C-suite. in short, value prop should align with the gate you're entering in the organisation from Learning and a reminder for me.

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As tech leaders, we often feel the heavy weight of responsibility. The decisions we make impact not just our companies, but the lives of our employees, the direction of our industry, and sometimes even society at large. "Uneasy lies the head that wears a crown," Shakespeare wrote, and in today's rapid-paced, ever-changing tech landscape, this rings truer than ever. We grapple with: 1. Ethical dilemmas in AI and data usage 2. Balancing innovation with fiscal responsibility 3. Nurturing company culture while scaling rapidly 4. Making tough decisions that affect people's livelihoods So how do we lead effectively under this pressure? Embrace transparency Share your challenges and thought processes. Your team will appreciate your honesty and may offer valuable insights. Cultivate empathy Remember that every decision affects real people. Strive to understand and consider diverse perspectives. Focus on long-term sustainability Sometimes, short-term pain leads to long-term gain. Communicate your vision clearly. Seek support Build a network of fellow leaders. Share experiences, seek advice, and remember you're not alone. Prioritize personal well-being A clear mind makes better decisions. Don't neglect your mental and physical health. Ask Dr. Neetu Johnson M.D.🧠🩺 how. Leadership isn't about wearing the crown lightly—it's about bearing its weight with grace, wisdom, and purpose. By acknowledging the gravity of our roles while remaining adaptable and human-centered, we can navigate these turbulent waters and drive meaningful progress in our world. What strategies do you use to handle the pressures of leadership? Let's discuss and learn from each other. #TechLeadership #Empathy #Sustainability #MentalHealth #LeadershipChallenges

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Business model innovation around Retrieval Augmented Generation from O'Reilly -- they have indexed all the content on Safari and are using it to provide answers grounded in vetted and credible content (their unique sauce). Another innovation here is to credit/compensate authors for the fraction of their work used in a generated answer. While this is progress, the more well-grounded the summaries look, the more dangerous the inevitable mistakes will be -- irrelevant documents will still lead to misleading summaries, and there will still be hallucinations because of interpolations with the text used to train Llama. At least based on the article, I don't see them employing self-checks or guardrails. I hope those are coming. https://lnkd.in/gqqHiR2D

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Had a fantastic conversation yesterday with Justin Davis, Global Strategic Alliances at Tealium! Justin leads the Amazon Web Services (AWS) cloud partnership for Tealium. We covered a lot of ground together including: Strategic Alignment and Partnership Evolution Justin emphasized the importance of strategic alignment across teams at Tealium and AWS, not only with marketing and sales but also building relationships with IT stakeholders. Expanding Market Opportunities Justin shared Tealium’s partnership-first approach, where the value of partnerships is both to expand with new capabilities, but also to provide value to customers with significant investments in existing tech stacks. Measuring Success and Overcoming Challenges Measuring the impact of multi-year transformation strategies remains crucial for Tealium. Justin stressed the need for measurable and repeatable metrics, acknowledging the complexities of balancing build versus buy decisions. Collaboration and Co-Innovation Justin shared the importance of collaborative partnerships, where hyperscalers like AWS play a pivotal role as strategic advisors to customers. Effective co-selling requires seamless exchange between teams, highlighting the human element in collaboration across different company cultures. Check it out! And don't miss it - Justin will be joining us in Chicago at #Catalyst for a though-provoking session on co-selling with Amazon Web Services (AWS)! Matthew Gray, Ben Wightman, Ted Purcell, Heidi Bullock, Alex Wile, Alistair Burton, Lindsay McEwan, Kijoon Lee, Amit Sinha, Nirav Desai, Gagandeep S., Asher Mathew, Mahesh Chaudhari

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Check out this great read regarding AWS ISV Accelerate Program! #aws #awsmarketplace #partnerprograms

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That's a great article by our Bitmovin CFO on financial considerations for streaming workflows. It's a hot topic right now, as streaming services strive for higher profitability. It's important also for finance organizations to understand the mechanics and commercials of video infrastructure and vice versa for engineering teams to understand the dynamics of costs. https://okt.to/t3PG8f

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$4 trillion in pipeline-under-management is not just a huge achievement (congrats Clari!), it's also an meaningful indicator of the broader demand environment. As that goes up or down over time, it gives an indication of what aggregate earnings are likely to look like in the coming quarter. Yet another interesting side effect of taking sales forecasting from art to science. https://lnkd.in/gCabsswe

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"AI Could Be As Impactful as Electricity" Jamie Dimon $1 billion+ in business value through AI investments.  "We continue to embed data and insights into everything we do." Lori Beer Note the word VALUE. With a $17 billion yearly budget, which was about 10% of JPMorgan’s overall revenue last year, Lori Beer , global CIO at JPMorganChase, leads an innovative global IT 63,000-person organization. ✅Thier name for the initiative is "OmniAI" as in the Power of One. ✅"OmniAI" has proved a powerful accelerator. “ Apoorv Saxena Great insights reading the earnings call transcripts over the last two years. ✅AI use cases (this was 2023 numbers) 34% year-over-year, with more than 300 in production. And we are actively evaluating opportunities with large language models and see great potential in that space. ✅She was clear with the investment and direction last year and we are seeing this come to life in their newest announcement. ✅Top Use Cases J.P. Morgan Highlights: Assisting employees: AI is being used to proactively offer technical help in the form of knowledge articles and other resources in real time. Speeding the ability to respond to customers: During the pandemic, the firm has been able to analyze data and retain models in days to focus effectively on COVID-specific concerns. Helping clients: Portfolio managers can analyze investment data with easy-to-use tools that include a simple point-and-click interface. #cio #ai #womenintechnology #womenleadership #productivity #customerexperience #jpmorgan #fintech #financialservices #technology #technews #generativeai #innovation #data #growthmindset

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