Member Info for Hastings74

Has anyone of you heard anything?

We got less than 2 weeks to go, 9 business days.

W

Ashley was VP for revenue recognition before, that's a different ball game. They don't have much revenue to report, maybe that's why they gave him a new job.

Two weeks to go in Q2, outside of the renewals nothing yet.

If Kelly lands a big automotive deal or the IBM partnership really flies, I'm happy to be proven wrong.

It's just, I don't see anything on the horizon. What's with the slipped deals from Q4 last year and Q1?

Guys, calm down. Everyone is entitled to their own opinion.

Beeing interested in something, doesn't necessarily make you a fan. As for me, I'm a technology guy. There some things that I don't understand. Why does a company of that size needs 2 CTOs? Ashley VP of

Anyone joining the Chief Wine Officer event?

There is still a vacant seat, they couldn't get more than 11 people interested? I know, if the right one is there, one might do the trick. What is an international CT btw?

Let's see what the end of Q2 brings, we need deals.

Good night Gentlemen.

@pearls:

That would be huge 🤗!

I was referring to that one... You know my thoughts on renewals.

Hm, I've just seen the renew

Wow! Did I miss an anouncement? They released Gerrit, but did the already close a deal? Curious to see the webinar.

Guys, all good. Don't get so excited. I did loose a lot of money, because I invested back in 2021. I even bought some more stocks when they got back to LSE.

As I pointed out before, I'm looking at it from a technology perspective.

If any of you had a software sales background you would be extremley cautious when you hear the same story about slipped deals for a few consecutive quarters.

This happens, but still combined with renewal announcements that are celebrated as contract wins doesn't increase my trust.

The VP / CRO / comon sales ratio is ridiculous, especially for a company of that size. (# of VP).

No hard feelings, nothing personal.

I'm smiling while writing this post 😉, I suggest you do the same while reading this.

No reason to be rude. I base my opinion upon facts. I don't think it is a terrible company, I just think it would be wise to adjust the size of the management team and the expectations they raise.

If you look at Linkedin, it feels like a TikTok company. So many videos, no real news.

If you have a better understanding of the cloud space, I'm eager to hear your opinion.

Enjoy your evening

Basically the same stuff that they've been doing for 20 years now...

They even had more 'real' revenue when the irregularities happened.

The solution has potential, just watched two videos of Paul Scott-Murphy, real sharp.

All the Linkedin posts ooze desparation. I think it's odd when a CEO says he hasn't got time to answer questions but finds time to record a video about his humbleness to waive his 23' bonus. Bonus for what? Overpromising?

They need to scale down their operation, Linkedin videos won't do the trick.

Apologies for all my typos, typing with giant thumbs on a mobile device is tough 😀

Gentlemen, have agood day!

@Walkley: Cirata moves mainly Hadoop data. Hadoop is a technology that's in decline, so the pond is getting smaller not bigger. They claim, that they can move data from anywhere to any cloud, that's almost unique, but never seen a proof. The base for every AI is data, so there should be a need.

@Pearls Kelly has a lot of experience, but Cirata is different beast than Sage.

The GM deal gave me hope, but it is migration deal with using their legacy product. If it had something to do with conected cars and autonomous driving it would be much more interesting. As far as I know, they are not involved in the big autonomous driving projects. They did migration deal with BMW a few years back, but according to AWS there is no involvement in the current projects around self-driving cars.

@Sinitta Exactly this worries me, if you look at Ciratas VP sales ratio on Linkedin, it's so off the charts. 3 CROs, but no revenue. They talk a lot about leadership and transparency and accountability, that they need new contracts coming in to stay afloat. Cut costs, get rid of the enormous management overhead.

If you question my industry knowledge, talk to someone from AWS, GCP or Microsoft.

Morning Spratt, morning everyone.

I lost money during the Wandisco days, don't deny that, but the 'scum' I mentioned in my previous post are hard facts.

If people celebrate a renewal as a new contract or think that a listing on GCP's marketplace will automatically result in big revenue streams, the lack of realism and industry knowledge gives me a bad feeling.

Not eveyone woth a different opinion is troll.

Warning, this is not a bizarre post, it's just someone with industy knowledge commenting.

It's not a new contract, it's a renewal. In most software companies I worked for, sales guys are not even involved in renewals, let alone the CEO.

It's almost desperate to annouce this. We're towards the end of May and still nothing significant is happening.

Regarding the Google Marketplace listening, this is merely something to make procurement easier, but it's not like you would pick a migration solution just like an app for your iphone... a migration is a mission critical project, you don't just download an app and see how it works. 3 years ago, they made a lot of noise about being listed on Microsoft Azure marketplace, native Azure integration. So far 2 ratings. They also listed on the AWS store, didnt bring in much revenue either.

I smiled when I saw Kelly's about waiving his bonus, his fixed portion doesn't qualify as petty cash and for what would he be eligible to receive a bonus 🤔 ?

Yes, I invested during the Wandisco days and I'm pxxxxd off.

Nevetrheless facts remain facts.

Strong leadership can change a company, but on the other hand we're still talking about the same product suite and the CRO was with company before. Undeniable facts.

Cirata needs contract wins and we all know that the Q1 were horrible.

No hard feelings. I hope I'm wrong.

No offnece Spratt, same company, same product suite, same guy running sales worldwide (Richard Baker), overpromising and underachieving (for 20 years now).

These are facts!

I really hope Kelly can turn the ship around, but my market (not stock market) tells me something else.

I really hope time will proof me wrong.

Hope you're right, but I have my doubts.

As I said they need contract wins, not Linkedin posts about leadership.

I hope they deliver this time.