Egnyte

6 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Aug 1, 2019 by Rajesh Ram · said 28 times in 1 episodes since 2019 · across every show →

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brought up most by Rajesh Ram (28)

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Everything said about Egnyte, oldest first

Aug 1, 2019 positive
Assertion Not checkable as stated
Egnyte saved Balfour Beatty $5M on a major airport renovation project
“As you can see here, we delivered a solution to them that Cut their printing costs just dramatically. So again, the point I'm trying to make here is localized decision, delivered value, and a key outcome around operational, ah, or financial savings. So a lot o…”
Rajesh Ram Aug 1, 2019 ▶ 24:44 "Land, Expand, Explode: How to Win the Long-Game in SaaS" Egnyte Co-Founder Rajesh Ram
Aug 1, 2019 positive
Assertion Not checkable as stated
Egnyte achieved 100% employee penetration and eliminated competitors at Balfour Beatty
“And ultimately we ended up eliminating all of the other competitive products, and we got a hundred percent penetration of the use cases, as well as the addressable market within the company, which was 3000 employees at the time.”
Rajesh Ram Aug 1, 2019 ▶ 26:43 "Land, Expand, Explode: How to Win the Long-Game in SaaS" Egnyte Co-Founder Rajesh Ram
Aug 1, 2019 positive
Assertion Not checkable as stated
No Egnyte customers were affected by major ransomware attacks
“When some of the ransomware attacks happened a few years back you know, thankfully we were able to ensure that none of our customers were affected because of just the security of our cloud operations. Not a single one of our customers paid a ransom”
Rajesh Ram Aug 1, 2019 ▶ 21:10 "Land, Expand, Explode: How to Win the Long-Game in SaaS" Egnyte Co-Founder Rajesh Ram
Aug 1, 2019 negative
Disclosure
Egnyte considers customers below 85% adoption within nine months a churn risk
“So we measure adoption, and we measure adoption three months from sale, six months from sale, nine months from sale. If you're not 85% or so consumed of the services that you purchased, Then we got alarm bells going off and trying to figure out how to rectify …”
Rajesh Ram Aug 1, 2019 ▶ 16:31 "Land, Expand, Explode: How to Win the Long-Game in SaaS" Egnyte Co-Founder Rajesh Ram
Aug 1, 2019 positive
Disclosure
Egnyte avoids consumers and large enterprises to target the mid-market
“We decided that we're going to focus on two segments, what we call a commercial segment and a mid-market segment, and we said we're not going to focus on these other segments which is real large enterprises and also consumers, so we don't offer free solutions …”
Rajesh Ram Aug 1, 2019 ▶ 4:03 "Land, Expand, Explode: How to Win the Long-Game in SaaS" Egnyte Co-Founder Rajesh Ram
Aug 1, 2019 positive
Disclosure
Egnyte reduced its annualized gross dollar churn to under 6%
“So our annualized gross churn from a dollar perspective is under six percent, and this is a number that we have worked steadily down from double digits over the course of the last three or four years.”
Rajesh Ram Aug 1, 2019 ▶ 5:05 "Land, Expand, Explode: How to Win the Long-Game in SaaS" Egnyte Co-Founder Rajesh Ram
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