As technology users explode, companies learn to sell differently, says VC Jerry Chen | #StructureConf
Technology users in infrastructure has changed from just IT employees, and the way technology companies sell their products has shifted because of this.
To discuss these changes, Jerry Chen, partner at Greylock Partners, sat down with George Gilbert, cohost of theCUBE, from the SiliconANGLE Media team, during Structure 2015.
Users of technology have exploded
Chen has seen a bunch of different waves within the industry — the data wave, the cloud wave, and what he calls the “DDI — developer defined infrastructure” wave. He saw a shift of developers who are making more IT choices. Developers and data scientists are really reframing what IT is. Now, when companies go to market, they have to think: What does IT want, and what does a developer or end user want?
“The population of users for technology has just exploded,” Chen said.
Selling to varied tech users
Chen also sees that because of the much more varied users, there’s been a shift from perpetual license to subscription. The question becomes, how can you cost-effectively land new customers?
“It’s a combination of using new techniques like open source, app stores for the consumerization of IT, like Apple app store and the Google Play store, through the web,” said Chen.
Watch the full interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of Structure 2015.
Photo by SiliconANGLE
Since you’re here …
… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.
If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.