An analysis of the current state of the data industry. I just spent the past week at Data Council Austin, learning from some amazing data professionals and, more importantly, getting a snapshot of the data landscape. Among the great talks, one thing became very clear: we have a lot of data startups with substantial overlap, whether it be data catalogs, data observability, or now the emerging generative AI space. Is this fractured market sustainable with a looming recession and capital becoming expensive again?
Really great stuff Mark. This boom and bust is part of what makes our system so dynamic. While there will be many, many companies closed in the next year or two, there has been innovation and market education left in their wake.
Really great stuff Mark. This boom and bust is part of what makes our system so dynamic. While there will be many, many companies closed in the next year or two, there has been innovation and market education left in their wake.
Thanks so much Chris! I completely agree, this is very uncomfortable but much needed for our industry to continue maturing.