Patel says neo clouds that ranked highest on ClusterMax benchmarks booked significantly more revenue.
“And since then we just released the second version, but in the middle, the clouds that ranked the highest actually ended up booking way, way, way more revenue.”
Patel states top neo clouds achieve 35-40% gross margins while many others are losing money.
“And this has enabled, you know, the top in the industry companies to have gross margins of 35, 40%. And now there's a ton of Neo Clouds that are losing money.”