Merchandise Manager and entrepreneur Prasanna Naik has labored with some of the most popular tech firms close to, like Cisco, Oracle, and Airbnb, prior to putting out on his personal to co-found CloudEagle, an SaaS shopping for and optimization corporation that lowers companies’ application spending.
Beyond his operate with CloudEagle, Naik is in simple fact the youngest PM to launch IPv6 on the general public cloud, which he completed while doing the job with Oracle. The start led to valuable deals with big corporations and organizations.
As an entrepreneur, Naik is getting strategies to aid businesses operate smarter, letting them to devote restricted assets to the most impactful areas, relatively than permitting their shelling out splinter.
We experienced the probability to sit down with Naik and chat about some of the most significant moments of his career so far, including that IPv6 start we mentioned earlier.
Thank you for talking with us today. 1st, how does it come to feel to be the youngest PM to launch IPv6 in the community cloud?
It feels fantastic, primarily hearing from people who experienced beforehand released IPv6 at AWS and Microsoft Azure that I’m the youngest PM to have launched IPv6 on the general public cloud though I was at Oracle Cloud.
When you are performing on a merchandise with restricted deadlines and high stakes in a rapid-moving atmosphere, you really don’t have time to imagine about everything other than the shipping of the product. Launching a sophisticated community like IPv6 in a community cloud alone is an accomplishment I am very pleased of, and having to know that I was the youngest PM to do it was just the cherry on the cake.
There were being a great deal of issues due to the fact we had to employ IPv6 throughout a number of layers and community components. Think about you have only been applying an IPv4 tackle like 192.168.1.1 until now and now it has to also help IPv6, which has its personal established of guidelines. The primary problem was aligning a number of teams to supply their piece of IPv6 at the identical time.
The actual physical components community layer, virtualization layer, compute occasion, load balancer, and storage team – all of them had to put into action IPv6 and we experienced to get it working with the current IPv4. This was a advanced task with necessities unfold throughout 10 diverse groups and various months.
Launching IPv6 on Oracle Cloud unlocked multi-million-greenback contracts from the Division of Defense and Federal federal government shoppers for whom IPv6 was a required prerequisite.
CloudEagle aids businesses help save on their wasted computer software shelling out. During my profession, at Cisco, Riverbed, Oracle, and Airbnb, I had seen multiple occasions in which software licenses had been acquired in bulk but lots of of the licenses would in no way end up being employed.
The workforce would indicator up for a one-thirty day period no cost trial and complete the trial but ignore to flip off the payments. This resulted in a six-figure decline. My co-founder Nidhi Jain experienced seen identical challenges as well, and this is the place the idea of CloudEagle came up.
In particular in these recessionary environments, we have been capable to help save buyers $40,000 in just a single thirty day period of engagement. With a pair of consumers, we have saved them upward of $500,000 savings. This has immensely assisted companies get income back again from wasted and unused program licenses. Now they can lengthen their companies’ runway, not make headcount cuts, and as an alternative reinvest in technological know-how and software program which is growing their revenue.
CloudEagle designs to be an all-in-just one system for every thing related to SaaS programs in the corporation, ideal from getting visibility into these applications to handling the apps and people. We begun with a visibility platform that can exhibit all the programs in the enterprise and their use and also respective shelling out. We expanded to establish an optimization system in which our platform supplies tips on how corporations can recognize and optimize SaaS spending.
Next, we will launch CloudEagle’s workflow. This will streamline obtaining and renewals. Our workflows will be customizable so that they can be applied not just for SaaS buy and renewal approvals but also for any kind of approval workflows, for instance, laptop or chair procurements, or other compliance approvals essential by the crew.
No, ultimately I am at a stage where I’m not chasing the next large thing. Alternatively, I’m basically creating the next massive factor!