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Showing posts from November, 2019

The rise of European SaaS: apply now to be included in the Accel Euroscape 2019

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-This article was co-authored with my colleague Maxim Filippov and published initially on  Tech.eu . Nominations are now open for the 2019 Accel Euroscape, the annual list of the top 100 cloud companies originating from Europe & Israel. You can apply  HERE  – applications will be open until 6 th  September 2019. The growth of the cloud ecosystem in Europe over the past few years has been explosive. We first started capturing the growing momentum in 2016 with our list of the top  European SaaS companies emerging from Europe . Fast forward three years – Europe has proven that it can produce amazing global software companies. For example, UiPath, the leading Robotic Process Automation company from Romania, valued at $7 billion, may well be one of the fastest-growing enterprise software companies of the decade, with revenues growing from $5 million to $200 million in around 30 months. In just the past couple of years, compan...

2019 Accel Euroscape – The Rise of Europe

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The top 100 SaaS companies in Europe and Israel The European Software-as-a-Service world changed forever when Daniel Dines, the founder of UiPath, made the cover of Forbes as  ‘Boss of the Bots’  last month. Who would have thought five years ago that a Romanian SaaS company would be valued at $7 billion and reach that valuation in record time? It is prime time for European SaaS companies and the third edition of the Accel Euroscape, the list of the top 100 SaaS companies from Europe and Israel, shows the rising position of Europe on the global SaaS stage, benchmarks how European SaaS companies compare to their US counterparts and lays out five predictions for the European SaaS market.  Full presentation available here . Bigger, stronger, faster: SaaS continues to eat software First, let’s zoom out and look at how SaaS companies have performed globally. Ten years ago, in October 2009, Salesforce was a dominant force among the 21 public SaaS companies, with a valuat...

The Global Data Explosion in the Legal Industry

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This was originally published on SDL.COM. As we consider and look at the various forces impacting the legal industry today, we see several ongoing trends which are increasingly demanding more attention from both inside and outside counsel. These forces are: The Digital Data Momentum Increasing Concern for Data Security The Growing Importance of Information Governance Increasing Globalization    The Digital Data Momentum Several studies by IDC, EMC and academics have predicted for years that we are facing an ever-growing data deluge and content explosion. The prediction that the digital universe will be 44 zettabytes by 2020 means little to most of us. But if you state that 500 million tweets, ~300 billion emails, 65 billion Whatsapp messages are sent, and 3.5 billion Google searches are made every single day , many more of us would understand the astounding scale of the modern digital world. While only a small fraction of this data will flow into the purview of the...