Successful companies are those that are becoming Digital First. Research shows operating models, EBIDTA margins, market share and brand longevity are all tied to Digital experiences that companies can offer to their end customers. No vertical segment is exception to this. Digital today is a dialogue that confluences a cross section of CXOs inside a company whose goals are tied to Digital outcomes that they own and deliver. As Marc Anderseen famously said, Software is eating the world.
Our mission is to help our customers solve the hardest challenges in DevOps and we take this mission seriously. We’ve fully embraced the opportunity to grow, build stronger communities, and bring new capabilities to enterprise teams, so there’s nothing getting in the way of innovation. Our comprehensive solutions and deep domain expertise enable those same customers to address quality, security, compliance, collaboration and speed—across the technology lifecycle, at scale.
I am so pleased to announce that Talend has acquired Gamma Soft, a change data capture market innovator. This is a significant enhancement in the capabilities Talend can provide its customers and partners. Talend’s company vision is to take the work out of working with data, and we're thrilled to add Gamma Soft’s technology to our offerings to do this. Change data capture (CDC) technology is highly sought after by many companies.
APIs have never been more instrumental in business. Organizations use them to deepen partnerships, accelerate development, integrate capabilities, and generate revenue. These business drivers, combined with the rise of microservices, drive incredible growth in the API space. According to the most recent State of Software Quality API report, 61% of survey respondents chose microservices as the technology that will most likely drive API growth.
The Covid-19 pandemic has resulted in an unprecedented global economic landscape that is dominated by loose monetary policies, low borrowing costs and influx of capital in the equity markets. Against that backdrop, Mergers and Acquisitions (M&A) activity has surged since 2021 as companies are trying to take advantage of the current environment and adapt to the new business realities shaped by the global pandemic.
Over the past few years, we’ve seen incredible growth in the number of data apps being built on Snowflake, including large customer-facing apps from companies such as BlackRock, Instacart, Lacework, and others. We’re proud of the fact that our platform helps developers bring these applications to life faster, scale better, and provide more powerful insights to their users, whether they be employees, partners, or customers.