Ep. 143: SailPoint CEO Mark McClain (SAIL), New Relic. Pfizer, Chipotle Mexican Grill
The Drill Down
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Recurring Revenue, Overtime?
When you shift from a nonsubscription, si, let me be careful with my terms, a non sass model, there's a lag in revenue recognition behind bookings. So we had a lot of maintenance revenue cause we had traditionally sold software. We started layering in sass revenue. And all those together are becoming the bulk of our revenuea as the booking continues to work its way over time tho the system.
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