{"id":25485,"date":"2023-03-08T21:56:19","date_gmt":"2023-03-08T21:56:19","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/03\/08\/the-sky-isnt-falling-for-cloud-software-spend\/"},"modified":"2023-03-08T21:56:21","modified_gmt":"2023-03-08T21:56:21","slug":"the-sky-isnt-falling-for-cloud-software-spend","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/03\/08\/the-sky-isnt-falling-for-cloud-software-spend\/","title":{"rendered":"The sky isn\u2019t falling for cloud software spend"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/03\/08\/the-sky-isnt-falling-for-cloud-software-spend\/<\/a><\/br>
\nThe sky isn\u2019t falling for cloud software spend<\/br>
\n2023-03-08 21:56:19<\/br><\/p>\n

\n

But early-stage startups could face the most headwinds<\/h2>\n
\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n
\n

If you read<\/span> the startup press, you might think that everyone in tech is still nursing a stiff hangover from the zenith of the 2021 boom. While there is much talk of cutting spending, conserving capital, trimming staff and hunkering down, there\u2019s also quite a lot of good news out there.<\/p>\n

New data<\/a> from Battery, for example, details a corporate software spending climate that is far from moribund; for startups that sell software to other companies<\/a>, this is great news<\/a>.<\/p>\n

\n

The Exchange explores startups, markets and money. <\/em><\/strong><\/p>\n

Read it every morning on TechCrunch+<\/a> or get The Exchange newsletter<\/a> every Saturday.<\/em><\/strong><\/p>\n

\n

Good news is not in short supply. As TechCrunch recently reported, Salesforce proved<\/a> that SaaS growth could still come in above expectations, unicorns Instacart<\/a> and Klarna<\/a> are posting solid operating results, and software-focused corporate valuations are recovering<\/a>. So much for a recession, yeah?<\/p>\n

\"\"<\/a>The latest data dump from Battery Ventures (which raised $3.8 billion to invest last year<\/a>) buttresses our general impression that while many startups have had to retool their operations for today\u2019s more conservative business climate, the business of selling software is still a good one to be in. The same dataset also tells us that it\u2019s not equally good everywhere for every type of software vendor.<\/p>\n

Let\u2019s dig through the good news first and then discuss which software categories are lagging behind their peers. We\u2019ll also touch on the bottoms-up sales approach and SaaS itself. If you are building a software startup, let\u2019s orient you for the present day. To work!<\/p>\n

The good<\/h2>\n

Let\u2019s start with an overview statistic. Battery created a sentiment index for enterprise technology spending, indexed on a 100-point scale. Much like PMI<\/a>, 50 is a \u201cneutral\u201d outlook measurement on the Battery scale. Despite dipping from its Q3 2022 reading of 55.4 to 50.2, the index remains in bullish (positive) territory.<\/p>\n

No crying allowed, in other words. <\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/03\/08\/the-sky-isnt-falling-for-cloud-software-spend\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/03\/08\/the-sky-isnt-falling-for-cloud-software-spend\/ The sky isn\u2019t falling for cloud software spend 2023-03-08 21:56:19 But early-stage startups could face the most headwinds If you read the startup press, you might think that everyone in tech is still nursing a stiff hangover from the zenith of the 2021 boom. While there is much talk of cutting spending, conserving capital, […]<\/p>\n","protected":false},"author":1,"featured_media":25486,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-25485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nThe sky isn\u2019t falling for cloud software spend - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/03\/08\/the-sky-isnt-falling-for-cloud-software-spend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The sky isn\u2019t falling for cloud software spend - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/03\/08\/the-sky-isnt-falling-for-cloud-software-spend\/ The sky isn\u2019t falling for cloud software spend 2023-03-08 21:56:19 But early-stage startups could face the most headwinds If you read the startup press, you might think that everyone in tech is still nursing a stiff hangover from the zenith of the 2021 boom. 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