Insights for IT Negotiations

Happy customers and successful projects equals high customer satisfaction and a retention rate of over 100%. Even with all of Workdays recent success, you have a great amount of leverage in constructing your first deal with Workday. Jeff Lazarto discusses how you need to understand what a highly competitive deal looks like, and how you can go about obtaining such a deal—there are strategies you can implement to achieve these results. Host: Jeff Lazarto: https://bit.ly/37eCXdN Workday Commercial Advisory Services: https://bit.ly/3fq96DV

Salesforce had another strong quarter with revenue growth of 24%, and Service Cloud revenue breaking the $1B threshold for the first time. They also raised full year profit guidance. It is very clear that in order for Salesforce reach their self-imposed $26B revenue target by FY23, they will need to successfully sell enterprise CEOs on Salesforce being the only company that can truly provide them with the increasingly valuable 360 view of their customers. Host: Adam Mansfield: https://bit.ly/3rPGp8r SalesForce Commercial Advisory Services: https://bit.ly/37hFkMV

The higher education industry can expect to continue to field many calls from Workday account executives. Workday has taken more of a targeted approach with respect to gaining customer adoption of its Financial Management solution.  The first industry Workday focused on was the public sector which includes both government and education. Jeff Lazarto, UpperEdge's Practice Leader, breaks down what these moves mean for Workday and its growing competition with Oracle. Host: Jeff Lazarto: https://bit.ly/37eCXdN Workday Commercial Advisory Services: https://bit.ly/3fq96DV

Now that Oracle has been officially eliminated from the Joint Enterprise Defense Infrastructure (“JEDI”) RFP process, they are pushing forward with their lawsuit against the Department of Defense (DoD). Jeff Lazarto, UpperEdge's Oracle Practice Leader discusses how Oracle, in short, is claiming to be a victim in a rigged RFP and procurement process. Host: Jeff Lazarto: https://bit.ly/37eCXdN Oracle Commercial Advisory Services: https://bit.ly/3jdtF7p

SAP’s annual conference in Orlando is in full swing. In this podcast, UpperEdge’s SAP Advisory Practice Leader, Len Riley, discusses his observations and first impressions. He shares his thoughts on how this year’s conference compares to previous years so far, what SAP is doing well, and what SAP could have done better. Host: Len Riley: https://bit.ly/3fqLI99 SAP Commercial Advisory Services: https://bit.ly/3yjImwb

Day 1 of ServiceNow’s annual conference kicked off with a keynote focused on changing lives at work through technology and how ServiceNow is the right vendor to make that happen. ServiceNow will continue to focus on bringing new mobile features to market to increase the value of its solutions while mapping to customer needs. In this podcast, UpperEdge’s ServiceNow Advisory Practice Leader, Adam Mansfield, shares some key takeaways from the conference and what he has learned by talking with ServiceNow customers in attendance. Host: Adam Mansfield: https://bit.ly/3rPGp8r ServiceNow Commercial Advisory Services: https://bit.ly/3ls6VDt

If you are becoming a new customer of Workday (or any cloud vendor), it is extremely important to get your first deal right. Not only do you have the most leverage at this time but your first deal will set the precedent going forward. In this podcast, Workday Practice Leader, Jeff Lazarto, discusses the key parts of your negotiation leverage as a new customer as well as the specific areas you should address when negotiating your first deal. For more on this subject, see our related blog post: Workday Negotiations - First Impressions Matter and Precedents Matter. Host: Jeff Lazarto: https://bit.ly/37eCXdN Workday Commercial Advisory Services: https://bit.ly/3fq96DV Related Blog: https://bit.ly/3ynjvYp

Alphabet reported that overall company revenue increased 17% to $36.3B but came up short of the expected $37.3B. Other revenues (which includes Google Cloud) reached $5.4 billion, up 25% year-over-year. Though Google Cloud Platform has strong customer momentum and remains one of the fastest growing businesses in Alphabet, Alphabet and Google still have not released Google Cloud revenue or utilization. Why and when will they?

ServiceNow beat analyst estimates and raised full year 2019 subscription revenue and billings guidance. ServiceNow posted Q1 subscription revenue of $740M which represented an impressive 40% growth y-o-y. They closed 25 deals in the quarter with ACV greater than $1M which brings total customers fitting this profile to 717. Expect ServiceNow to continue to find ways to expand ITSM adoption within existing customer base and add emerging products like CSM.

SAP made some significant announcements in its Q1’19 earnings call that will have implications for SAP customers. SAP is focusing on improving margins, Bill McDermott wants fair market value for SAP’s software, and Elliott Management takes a $1.5B stake in SAP. In this podcast, Len Riley discusses how Elliott Management will not just be focused on the operational efficiencies of SAP but more on revenue side of the equation, meaning the relationships you have with SAP Sales Executives will be less flexible and more stringent, with more decisions and approvals being made from the regional CFOs offices. Host: Len Riley: https://bit.ly/3fqLI99 SAP Commercial Advisory Services: https://bit.ly/3yjImwb