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Salesforce is buying MuleSoft at enterprise value of $6.5B

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Re: Salesforce is buying MuleSoft at enterprise value of $6.5B

#31
post #29
post #7

Earlier quoted context omitted.

Very impressive! Annual Run Rate is different from ARR though. Annual Run Rate is probably just taking one (or a few) months, and extrapolate that to a year. Still great progress for having raised to little though.

> Annual Run Rate is different from ARR though What exactly does ARR mean if not Annual Run Rate?

Annual recurring revenue

Re: Salesforce is buying MuleSoft at enterprise value of $6.5B

#32
I think that MuleSoft is a really great business, although I wouldn't use it personally just due to not being in the right industry.

For back-office environment with tons of point 2 point integrations, it just seems to make sense.

Business model is good. Once you're in, going out is really tough. This is exactly like the SFDC app cloud.

Re: Salesforce is buying MuleSoft at enterprise value of $6.5B

#33
post #2

Makes me wonder if we will see a Zapier IPO soon. It's a crowded space, integration as a service, and in need of consolidation. Zapier doesn't have MuleSofts enterprise street cred because IMHO weak B2B marketing, but the infrastructure is there.

Have you tried using Zapier? They may be facilitating tens of thousands of integrations, but they are painfully basic integrations.

Re: Salesforce is buying MuleSoft at enterprise value of $6.5B

#34
post #32

I think that MuleSoft is a really great business, although I wouldn't use it personally just due to not being in the right industry. For back-office environment with tons of point 2 point integrations, it just seems to make sense. Business model is good. Once you're in, going out is really tough. This is exactly like the SFDC app cloud.

I'm in the right business and I still don't understand why I'd ever need this kind of software.

Re: Salesforce is buying MuleSoft at enterprise value of $6.5B

#35
post #34
post #32

I think that MuleSoft is a really great business, although I wouldn't use it personally just due to not being in the right industry. For back-office environment with tons of point 2 point integrations, it just seems to make sense. Business model is good. Once you're in, going out is really tough. This is exactly like the SFDC app cloud.

I'm in the right business and I still don't understand why I'd ever need this kind of software.

I think its one of those things where it could be optional but when you're using it it's like hey it's nice that we have that ability here... that said it's gone a bit beyond it's architectural hey-day now that we have containers and infrastructure as code in general, but it will have it's customer base for years to come.

Re: Salesforce is buying MuleSoft at enterprise value of $6.5B

#36
post #34
post #32

I think that MuleSoft is a really great business, although I wouldn't use it personally just due to not being in the right industry. For back-office environment with tons of point 2 point integrations, it just seems to make sense. Business model is good. Once you're in, going out is really tough. This is exactly like the SFDC app cloud.

I'm in the right business and I still don't understand why I'd ever need this kind of software.

Well, the promise is a kind of drag-and-drop [1], mix-and-match [2], transform these data fields this way, make a decision off of these other data fields, and ship it there kind of integration. Extra points for having a Store for others' components [3], and optionally doing it in the Cloud [4]. Their site has been tailored to convert executive-types on every buzzword, from Microservices [5] to DevOps [6] to Mobile [7].

Whether this works out is entirely dependent on your org: it still requires competent people wiring up things -- much to management's chagrin -- but it can save a fair bit of time. Tradeoffs all around.

Mule basically started off with an ESB [8] that's a glorified reactor queue and a bunch of canned components of varying qualities that either implement an EIP primitive [9], or some domain-specific templated executor (make SQL calls, make API calls, etc). Now there's a whole ecosystem around it: a marketplace of components, an API proxy, management and monitoring layers, and fancy GUIs. The tools are (mostly) solid -- no more and no less than any other big-name commercial tool, but I'd venture to guess a lot of businesses buy this thinking it's going to be The Silver Bullet they're looking for, and it predictably rarely works that way.

[1] https://www.mulesoft.com/platform/studio [2] https://www.mulesoft.com/integration-solutions/dataweave-int... [3] https://www.mulesoft.com/exchange/ [4] https://www.mulesoft.com/platform/saas/cloudhub-ipaas-cloud-... [5] https://www.mulesoft.com/integration-solutions/api/microserv... [6] https://www.mulesoft.com/integration-solutions/api/devops [7] https://www.mulesoft.com/integration-solutions/api/mobility [8] https://news.ycombinator.com/item?id=13672234#13673158 [9] https://en.wikipedia.org/wiki/Enterprise_Integration_Pattern...

Re: Salesforce is buying MuleSoft at enterprise value of $6.5B

#37
post #18

Earlier quoted context omitted.

Mulesoft, Zapier, Microsoft Flow, Automate.io, Tray.io, Integromat, Workato, PieSync, Dsync, OneSaas, Skyvia Defining "major" is hard, I think. You either select a few big providers for integrations, or you go long tail with hundreds. I think there won't be winner take all, as there are a lot of integration dollars to go around (enterprise, SMB, freelance/individual users, etc), and each integration system has their…

Few more: Dell Boomi, Segment.io, Pandium, Infomatica...

Is there any scope for differentiation? We were thinking of entering this space for some time. I felt most of the platforms are spit into two groups - either a glorified IFTTT or sophisticated, Java based systems that demand tremendous learning curve.

We are trying to place ourselves somewhere in between with market place for open source components supporting modern stacks like Python, R, Node.js etc.. We were wondering if that would unlock tremendous power to system integrators?

Re: Salesforce is buying MuleSoft at enterprise value of $6.5B

#38

One year after their IPO? I don't get this. Why didn't they buy it last year paying a premium over the 17 USD a share of their public offering instead of paying a premium over the current 33 USD (or 40 USD I guess)? I don't understand the rationale behind these deals.

Question is why would MuleSoft sell itself if they thought they'd be worth more a year later?

Re: Salesforce is buying MuleSoft at enterprise value of $6.5B

#39
post #34
post #32

I think that MuleSoft is a really great business, although I wouldn't use it personally just due to not being in the right industry. For back-office environment with tons of point 2 point integrations, it just seems to make sense. Business model is good. Once you're in, going out is really tough. This is exactly like the SFDC app cloud.

I'm in the right business and I still don't understand why I'd ever need this kind of software.

I'm in the right business too, and one of the things I've realized is that it's not about building software developers need. It's about building software that people authorized to spend a lot of money think the enterprise needs. It's dazzling to listen the Mulesoft folks talk about experience APIs and system APIs while dragging and dropping stuff. I can see why people would go for it.
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