Assertion certainty 4/5 debate potential 2/5

Cloud Elements Is 100% API-Based Unlike MuleSoft or Boomi

Mark Geene · 949 API Plubming for Internet Passes 200 Customers, $10m ARR · Feb 28, 2018 · at 1:24

Mark Geene, CEO and co-founder of Cloud Elements, compares his company's API-first integration model against legacy iPaaS and enterprise service bus architectures.

0:00 / 0:11exact quote · 11.3s
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“Things like MuleSoft and Tibco and Boomi have traditionally been these enterprise service buses or iPadses. We're a hundred percent API based version of doing integration.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Mark Geene

Assertion Supported
Software Integration Market Is Estimated at Over $30 Billion
“It's estimated that integration is over a thirty billion dollar you know, market that's just a bit, you know, and that's probably underestimated, I think, a lot of analysts feel.”
Mark Geene Feb 28, 2018 ▶ 10:52 949 API Plubming for Internet Passes 200 Customers, $10m ARR
Prediction Not checkable as stated
Published APIs Are Projected to Triple Within Six Months
“In fact, I just saw a study I forgot who it was from, but they were estimating that the number of APIs that are published are going to triple in the next six months.”
Mark Geene Feb 28, 2018 ▶ 12:42 949 API Plubming for Internet Passes 200 Customers, $10m ARR
Assertion Contradicted
Gartner: The Average Enterprise Uses Over 1,000 SaaS Applications
“And now with an average enterprise, according to Gartner, using over a thousand SAS applications, it's kind of mind boggling.”
Mark Geene Feb 28, 2018 ▶ 13:02 949 API Plubming for Internet Passes 200 Customers, $10m ARR
Disclosure
Cloud Elements Will Pay Up to $60,000 CAC for $70,000 ACV
“Yeah. We're willing to go that high. We don't, but yeah, that's you know, to spend 50 to 60 to get a 70,000 dollar customer is. Yeah. We'll do that. We'll do that all day long.”
Mark Geene Feb 28, 2018 ▶ 17:05 949 API Plubming for Internet Passes 200 Customers, $10m ARR
Assertion Not checkable as stated
Cloud Elements' Average Selling Price Is Approaching $70,000
“Our average ASP is about approaching about 70,000 a year.”
Mark Geene Feb 28, 2018 ▶ 3:30 949 API Plubming for Internet Passes 200 Customers, $10m ARR
Assertion Not checkable as stated
Cloud Elements' ASP Has More Than Tripled in Three Years
“The, what we've seen, our ASP has more than tripled over the past three years, and it's really a function of how many connectors we have in our library.”
Mark Geene Feb 28, 2018 ▶ 3:43 949 API Plubming for Internet Passes 200 Customers, $10m ARR
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