The cloud is today one of the most expensive resources for any modern organization, second only to employee salaries and overhead. According to recent research by Gartner, end-user spending on public cloud services will reach $396 billion in 2021 and grow 21.7% to reach $482 billion in 2022. By 2026, Gartner predicts public cloud spending will exceed 45% of all enterprise IT spending, up from less than 17% in 2021.
Digital trade and eCommerce companies are generating transactions in more significant quantities than ever before. In 2020, eCommerce sales made up 19% of all worldwide retail transactions, representing $26.7 trillion in revenue. The cornerstone of any eCommerce company is providing a seamless, reliable experience where customers can log into a clean interface, browse products, and make purchases quickly and on-demand. Increased digitization after the pandemic has only heightened the stakes.
We couldn’t be more excited here at Anodot at the announcement of the acquisition of Pileus. Acquiring a company is a very special event, a moment that is the culmination of months of thought and deliberation. Is there a strong synergy between the two entities? Do we share the same DNA and culture? Is the additional product aligned with our long-term vision?
Anodot recently took part in the 2021 Data Agility Day, an event dedicated to examining how organizations are extracting value from data. CEO and Co-Founder David Drai was joined by David Ashirov, VP of Data at Freshly, where he has worked to build a data stack that departments across the company could leverage to drive business. Ashirov is a senior executive with two decades of experience in data engineering, business intelligence, and marketing.
