Transcript
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Hi, Sandy here. Welcome to another episode of How I Met Your Data.
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This week, Anjali and I are welcoming Stephanie Gervasi.
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Stephanie is the Director of U.S. Partnerships and Alliances for Alation.
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Alation is a leading provider of data cataloging and governance solutions designed
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to empower organizations to harness the power of their data effectively.
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If you would like to think of it as a librarian for your data,
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organizing, indexing all your information in one central hub.
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This not only enhances data accessibility, but also improves data quality and
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collaboration across teams.
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What sets Alational apart, it's his ability to automate data governance and
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stewardship processes.
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It promotes data democratization, ensuring compliance and regulations and internal
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policies, and provides data consumers with self-service access to trusted information.
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So we thought it'd be great to have Stephanie on the podcast primarily because
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one of the things that I always find with data executives, when they make decisions
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in terms of purchasing software,
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they do usually one of three things or all of these three things.
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They research the software companies themselves.
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They reach out to their partners, consulting firms that they work with and ask for their opinions.
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And they work with research organizations such as Gartner or Forrester to look
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at what research those organizations have done.
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Usually what I tell our clients is to try all three and ensure you're getting
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a broad perspective of the decision making here with software companies.
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And one of the interesting facets about all this is that software companies
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and consulting firms usually have partnerships with each other.
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And there's pros and cons to this, depending on who you are and where you sit.
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As a software company, you have a stake in having a partnership with consulting
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firms because you want consulting firms to talk about your software.
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As a consulting firm, you want to have a partnership with software companies
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because you want to have access to the latest and greatest capabilities of the
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leading software providers in the market space.
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As a data leader, an executive trying to make decisions, both with consulting
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firms and software companies, it's important for you to understand these relationships,
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the pros and cons of them, and what to think about when you're first engaging
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with a consulting firm or a software company and asking them questions.
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I think that's an interesting kind of little weird thing that happens in the
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industry that no one talks about, at least not openly.
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This episode is really dedicated to that interesting relationship between software
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companies, consulting firms, and our clients.
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So we're going to dive into that. I also want to just mention that this summer
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we're going to be releasing just a couple episodes.
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We're going to sputter into the last few episodes of the season.
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Our goal originally was to have 10 episodes for the first season,
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and this is episode eight.
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Nine, if you add the special episode released a couple of weeks ago,
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but it really is episode eight. We have two more lined up.
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Those will drop sometime early August and the other mid-September.
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And the reason for that is I'm taking some time off.
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So I really want to enjoy the summer. My wife is a teacher. She has a summer off.
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So I'm taking summer break and I'm really going to be focusing on my family
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and travel and just unplugging a bit as much as possible. So with that,
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it gives you an opportunity to catch up to our podcast episodes if you haven't listened to them all.
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And Adjalee and I are just very, very thankful for you listening to us week
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after week. We really appreciate it. And a number show.
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We have over 600 downloads, tracking to 1,000 pretty fast.
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So we're super excited about that. But thank you so much for being a listener.
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So with that, our next episode with Stephanie Gervasi.
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Music.
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Knew Anjali already, but maybe we'll start there and then we can talk about how you and I met.
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Yeah. So Anjali and I knew each other from Slalom, but interestingly enough,
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we did not work there at the same time.
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So I joined Slalom in 2014.
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I had a number of other colleagues who were working in the New York office, ex-colleagues.
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And so it was kind of like, you need to come here and be part of it.
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And so I joined the New York office when it was still in its infancy, really.
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It's certainly not the slalom that it is today when we were growing.
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And it was fun. And I really spent most of my time in the data and analytics
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space, even though we were selling everything from strategy through implementations
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from a technical perspective.
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But that's where my sweet spot was and my comfort zone. And that's where most
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of my ex-customers were too. So it was just kind of easy to fall back into it.
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So then fast forward, where I spent most of my career selling services.
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I ended up here at Alation in a partner role after COVID, right?
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Coming back out of it, I had had a little part-time job when my kids were not in school.
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And an ex-colleague of mine said, hey, we have this partner role open.
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I think you might be good for it. And it was just one of those things we fell into.
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And I really had no idea what I was doing. But Anjali was at Slalom in Philadelphia at the time.
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And we just struck up a relationship and a friendship and a mutual respect for one another.
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And I think she saw the value add that Alation could bring to organizations
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from a data catalog and governance perspective.
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And we just always stayed in touch. So here we are. Funny enough,
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after like, you know, Steph and I got to know each other a little bit better,
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we actually realized we were at another company prior to our slalom days.
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Never really overlapped either, but it was like, you know, Jersey, Boston based company.
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And we're like, wait a minute, you were there too. Oh my God.
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But then even funnier is now like my husband and I are big pickleball players.
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And did not realize that the pro that taught our initial clinics is actually Steph's cousin.
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That was a fun lunch that we had where we discovered that. I think that cemented
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the relationship right there, right?
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Where we were like, well, Larry's my cousin. She was like, what?
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Oh, wow. So we sent him a selfie of us and the rest is history. Well, that's great.
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That's great. And Anjali brought you to me, to Myer World. Yeah.
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Because Cervelo is an Alation partner.
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And Anjali, when she joined us, she was like, who are your partners?
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We had a whole discussion about
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who we're trying to formalize our partnerships with and drive through.
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And Alisha was one of them. So she could not speak enough about you,
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Steph, and was super excited to reconnect.
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So speaking of partnerships, you've seen both sides of the world.
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So what role did you have at Slalom?
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What was your focus there? I was a sales executive.
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I mean, for the most part, already been an individual contributor my entire
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career, right? I mean, I started in kind of staffing, right?
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Administrative and clerical staffing after realizing advertising and sitting
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behind a desk was certainly not for me.
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And, you know, back in the day, we used to like knock on doors and get thrown out of buildings.
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I mean, it was just very different there. And I fell into technical staffing,
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like on a fluke, like somebody, I think a recruiter reached out to me and said,
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hey, there's this budding business.
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They're really focused on technical, but they're doing staff augmentation.
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It's a really hot topic at the moment. Are you interested?
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And I remember thinking, there's no way. Like technical? No,
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no. But I love the manager. She promised to teach me everything.
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And again, like everything, you learn enough to be dangerous.
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You build relationships.
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You uncover needs. And then you figure out what levers to pull to get everyone
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over the goal line. And so it grew from there.
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I moved into solutions and selling bigger things.
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And then luckily enough, I got hired into a boutique consultancy in 2005 called
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Knightsbridge Solutions.
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They were vendor agnostic, but very focused on BI and data warehousing.
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And it was a startup for all intents and purposes. I think when I joined,
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it was probably 250 or maybe 300 people.
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But we were competing with Accenture and IBM and all of the big boys.
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And it was such a specialized company, the way that they grew talent, right?
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They had a landing company called Kensington, which was their training ground.
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So they would augment their teams with people and would train them on the job.
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And then after two years, you had to be promoted up into Knightsbridge or you
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had to leave and go find another opportunity.
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So as a result, like every consultancy, it's all about your people, right?
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The slides may look different. The logos may look different.
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We're all kind of going after the same thing.
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Sometimes there's solutions that really bring, I think, you know,
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go-to-market strategies and a change or an accelerator, if you will.
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But for the most part, when you're a consultant, right, you're going after how
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to make businesses better, how to augment staff, how to identify gaps,
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right, and help their businesses grow.
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So I really fell into that and I loved it. I've been in the data space ever
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since, just trying to help customers with their problems and challenges and
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find solutions that make sense.
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So now that you've been both on the consulting side and working for a software
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vendor as head of partnerships, what would you say are the benefits of partnerships
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between software companies and consulting firms?
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I think like everything, I think about both sides of things, right?
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A partnership is a strategic relationship and you form that with another business
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or an expert who's really serving the same market as you are, right?
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So you think of it as this mutually beneficial alliance where you can feed off of each other.
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So what I like to think about it is the partners I'm working with,
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we're combining our strengths, we're trying to help each other grow,
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and we're providing mutual value to that end customer.
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So those consulting partnerships are really effective because they try to create
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leverage, right, for both organizations.
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The other way I look at it is I think partnerships, especially with our consulting
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firms, is they can bolster our reputation, right, and establish you as a trusted authority.
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So, yeah, we are responsible at Alation for creating the data catalog category,
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and we remain a leader in the space despite multiple challengers and legacy organizations.
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But we can say that. But if we have a partner come in and say,
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Alation's the leader for X, Y, and Z reasons,
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yes, but here's why they should be the leader in your category based on your
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use case, based on wanting to serve the enterprise, right? Not just a subset, et cetera.
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And it's not a software company selling their product, right?
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There's a bigger vision there.
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The third thing is acquiring new customers far outweighs the cost of retaining
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and upselling existing customer base. And as an ARR business.
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We really want to find ways not to have to replace ARR, but grow that ARR.
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Customer churn is public enemy number one. I think partners can help with that.
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Because again, our Ballywick is not necessarily the strategy or change management and adoption.
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It's the software and the value it brings to the organization.
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That's where our partners come in like you.
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Yeah. From a partner perspective, I feel that the relationships are always dependent
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on the the size of the partnership of the software company, honestly, right?
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You know, Cervelo has been around since 2009. And back then our focus was cloud.
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When cloud wasn't really at the forefront of how everybody did data.
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And now it is at the forefront.
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You're crazy to think like, I'm going to do my stuff in house,
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right? That never happens anymore.
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It has to sit somewhere and be cloud first and born in the cloud,
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et cetera, in terms of technologies that you're were using.
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So when we first started, our partnerships were with small software companies,
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because at the time, these companies were all startups.
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So we went in deep with them, we got really deep with those with those partnerships
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to the point where we were providing ideas and brokering, you know,
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change in the product itself.
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And we find that our partnerships take this maturity curve, even today,
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where as Cervelo, we're constantly looking at what's coming next,
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and who are the next big partners we need to think about that may have something
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unique and novel in the marketplace, and we need to be part of that partnership.
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But that relationship starts off really nice, hot and heavy,
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as we've seen. And then after a while, that company gets large.
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And you know, it's what have you done for me lately is conversation usually
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in terms of the relationship between the software vendor and a consulting partner.
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How do you see that in terms of ensuring there's alignment there?
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I think it becomes difficult for a software vendor to think through that in
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terms of how they're leveraging their partnerships, depending on how mature
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they are as an organization.
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Think you need to determine out of the gate with any partnership,
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you know, what's your desired business outcome, right?
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Understand the why behind wanting to create a partnership.
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Now, I found that I haven't necessarily had to go out and recruit partners to
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work with, that partners are coming to us.
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So you have to kind of weed through why are you coming to us?
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Is it because we're the leader in the space and you want to be associated with us?
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Is it because you have a thriving data an analytics practice and you get asked
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about, you know, data catalog and data governance a lot, right?
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So figuring that piece out first, then you can narrow the discussion down on
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what's the ideal customer profile, right?
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Because not every partner has the same ideal customer profile.
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And it could be industry and it could be size and it could be geography or use case, et cetera.
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The third thing is then you have to be clear on each party's roles,
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responsibilities, and what what those benefits are, and then formalize everything
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with that written agreement to make sure we're not going to dispute those things.
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But the fundamental key is to structure each partnership as a win-win engagement.
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It has to be able to play, you know, both sides of it, right?
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The incentives you create for both of us to support each other,
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then the more inclined everyone's going to feel the partnership is beneficial.
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When I think of, you know, partnership, I really think of two words,
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and that's just mutual benefit.
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Now, the pendulum might swing one way or the other, depending on kind of what
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motions are going on and what pursuits and where the deal progressions are in their evolution.
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If customers are asking us for a data governance strategy, right,
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and we need a partner for that, well, who are we going to turn to?
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Who do we know that really does that, right?
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Or, you know, they're struggling with the change management, right?
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Everyone puts a piece of software in, thinks it's a panacea,
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but we all know what goes on behind the scenes, right? The age-old conversation.
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So I think that those are kind of the fundamental things that need to be shared up front.
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And then like every partnership, right, you'll do a quarterly business review.
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You'll make sure you're tracking to those goals.
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And if you're not and things are breaking down, you have to regroup and pivot.
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And, you know, maybe some are going to be more successful than others.
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Yeah, absolutely. We've talked a lot about the mutual benefits of a consulting
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firm and a software vendor being partners.
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What benefits do you see for our clients?
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I mean, I know of a few from our perspective, but I'm curious from your perspective.
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So, you know, it's back to that same piece of it is, you know,
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the software is one fundamental piece.
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Right. But overall, you know, what are your business goals? What's your strategy?
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Where are you driving towards?
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Right. So we can coexist with a competitor, right, a Calibra that's very focused
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on locking data down in the in the finance space.
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Right. And they can push that out to the enterprise, but it's not necessarily
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an enterprise wide tool. So we would look to partners to help guide and coach
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those customers with, does this make sense?
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Or does it make sense to do a rip and replace?
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I think there's that independent lens to guiding customers.
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You can't sell them a lot of services that aren't going to benefit them and
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hope your business is going to grow.
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It's all based on your reputation and what you're delivering to the market.
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So when I think of who benefits from the customer perspective,
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it's that bigger piece of things.
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And then making sure that investment has a return on it, right?
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Because if it sits on a shelf or it's not adopted or, you know,
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nobody's using that, that's a waste of money and everybody looks bad.
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So I think that that's where you can help a customer really thrive in making
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recommendations along that line. Yeah, absolutely.
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From our experience, at least the experience I've had working for mostly boutique
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consulting firms in my career, and have worked in industry for a number of years,
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I do see a difference between a smaller consulting arm that may only have the
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bandwidth to have one or two very focused partnerships versus midsize boutique
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consultancy, like a Cervelo,
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for example, where we have more breadth capability, where we can look across strategically.
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Strategically across kind of the higher players and maybe some net new players
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that are coming in the marketplace and partner across a few to really be able
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to provide that agnostic view to our clients.
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Because at the end of the day, if you have a partner, a consulting firm that's
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giving you advice and they actually only have one partnership in a specific
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area, you have to question their advice a little bit versus those who may have
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multiple partnerships.
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Now, fast forward that to a massive global SI, right? Yeah.
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I also question their authority as well, because most of those organizations
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are siloed, where you might have a massive arm of experts in a specific area
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with a specific tool set, and they know that tool inside and out,
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and that's all they're printing.
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So getting advice from them is difficult sometimes across the board.
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But I do think that that's the benefit to the client is, hey,
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what partnerships do you have?
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Consulting firm X and understanding how you can leverage that information is
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going to be critical for them. For sure.
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I mean, I continue Continue to coach internally with the field staff that it's
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important to know the ecosystem within an account that you're having conversations with, right?
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It should be part of discovery to understand who are your partners that you
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engage with, not technology partners, but who do you rely on for strategy and
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guidance and forward thinking and who's doing your implementation work and your offshore work.
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Putting that whole puzzle together, I think, allows for greater G2,
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which just makes you a better person when you're coming up with a solution,
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right? You become more valuable.
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You're seen in a different light.
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I mean, I think about when I was working at Accenture in the workday practice,
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and we were doing a pitch for a very big bank in Canada, and they hadn't decided
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what platform they were going on.
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So here I am not only competing with Deloitte at the time, but we were also
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competing with our own Accenture, SAP, and Oracle practices because the customer
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still hadn't decided on a platform.
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So to your point of, it's easy to say no one gets fired for hiring Accenture,
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et cetera, but you have to go into it knowing kind of where their lens is coming from, right?
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So, and if it's really truly the ability to be agnostic and.
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And some of the feedback we'll get from time to time is, well,
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XYZ partner, they partner with everybody.
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And you can't necessarily ask a consulting firm whose end goal is to serve their
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customer to align with one specific technology when there could be use cases
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and benefits in certain circumstances to different technologies.
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And maybe it's not us that wins in the end.
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However, what I ask my partners to do is have a vision line of sight and add
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some credibility of the nuances between the competitors.
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So again, you are providing the right information to the right people at the right time.
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And if the customer decides to go in a different direction and doesn't want
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to take your advice, then so be it, you did your best.
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But just knowing how to put your best foot forward is an extension of what we're doing.
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And the last thing I'll say is that I don't ask partners to sell elation.
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I ask partners to help identify opportunities where elation may be a solution
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and then allowing us to come in and do what we do best.
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Yeah. I think, Steph, one of the other things that I've noticed with the partner
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ecosystem and successful relationships, it's actually two things.
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One is mindset, right? So making sure that with us and our core values,
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we're aligning to partners that share that same mentality, share that same expectation
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and desire for value with our clients.
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But we're really kind of operating in the same mode.
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And that was one of the things that I really loved about working with Alation
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previously and now is just the mindset's very much similar in terms of what
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we're trying to achieve.
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And then also, I think part of the secret sauce is really ensuring that.
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We're working and bringing, bringing together people that work well together and have fun together.
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You have to have, you have to have some fun along the way. Right.
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And to your, exactly to your point, it's still the age old people buy from people they like.
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It's just, that's how, how people roll, right?
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Is you want to be achieving something at the end and hopefully it's with people
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whose company you enjoy, especially at work, right? We spend the majority of our lives working.
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So you want to have some fun and feel like, you know, you're accomplishing something
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at the end with people who are of like-minded value.
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Yeah, that's very, very true. It's funny because sometimes our clients will
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throw names of companies out or they're like, oh, why do you only partner with
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two or three in this space?
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And I'm sitting here going, you can't be an expert in everything.
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You have to pick and choose, right? And we're doing some due diligence on our
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side and we're trying our best to be an agnostic partner, but also ensure that
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we're bringing bringing the best of breed and what our clients are asking for to the table.
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Sometimes clients point us in the right direction and say, hey,
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have you looked at platform X?
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And I'll be honest about it and be like, actually, no, we haven't. I'll take a look though.
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If it's interesting, I'll bring it to our teams and have them evaluate it.
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Absolutely. We'll be at the forefront of that.
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The landscape is changing so rapidly. You can't be all things to all people
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and you can't stay on top of it.
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And you think about like 20 years ago, how many more companies are on the planet
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it, vying for everyone else's attention in similar veins with interesting nuances
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that each brings. So it's very difficult.
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At the pace we're moving, to stay on top of everything. Yeah,
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absolutely. So we talked about all the rosy pieces.
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What challenges do you encounter in these partnerships? Obviously not with us, but with others.
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No, of course not. I think a couple things are, you know, certainly mismatched
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expectations, right, out of the gate.
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I think there are, you know, there's still the old school mentality of partners
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want leads from you and you want leads from partners, right?
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Right. And that still exists in a lot of places.
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I think sometimes, like I mentioned, the positioning piece of things.
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Right. Internally, there may be the perception that, you know,
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why would you even think about positioning a competitive product out there?
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So those are things that I have to navigate internally.
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I think sometimes navigating complex integrations, setting expectations with
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partners and customers and the ability to execute on that can be a little bit
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challenging. And then lastly, it's about identifying opportunities, right?
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I always say, please follow our process if you have a lead and something you
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want to bring us into, because inevitably, three of your competitors are likely
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in that same account and could be having those same conversations.
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And then the last thing I'll say, at least in my experience here,
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and truthfully, like I have nothing to compare it to.
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So a lot of it's been anecdotal or talking with industry peers and understanding
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kind of their nuances and how they go to market and what their partner programs look like.
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But it's really about how much you're going to get paid. Like where's the dollars
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going to come from by the work that we're doing and helping to identify these things?
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Because Alation, one of our value propositions is it's pretty easy to implement
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and get it up and running and start to get value out of the catalog, which is true.
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But that is just the standing up of this. There's so much more to the curation
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and the migrations and what data you're bringing into it.
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And again, as you're going to grow across the enterprise.
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And so I think that that opportunity...
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If it's done in the right way, can really be fruitful for those partners.
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But it's getting them to see that because that takes time as well.
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Yeah. And I think some of the points you made, the misaligned ways of working
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or outcomes that people are looking for works both ways, right?
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I would say for Cervelo, we are not the type of company that we're not going
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to go out of our way to do account alignment with partners unless it makes sense,
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unless it's the right thing for the client, unless it'll bring additional outcomes for our clients.
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Beyond that, we're not going to do it. So we've seen some challenges there for
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sure. So I agree with that.
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And I think for us, we're one of those types of consulting firms.
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What we're challenged with is getting the time and focus from our partners sometimes
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because we're not going to be that one that says, hey, I'm going to bring you
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into every door I knock into.
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So it can be a challenge because we're going to have a different perspective
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of here's our value case.
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Here's why we think you should work with us or why we think your clients should
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work with us or customers.
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And if you feel like introducing us, that's up to you. But this is a value add, right?
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Because exactly as you said, we know elation is easy to implement.
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The difficult part of it all is in the people in the process and the change
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management around that.
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And that is every organization in the world is challenged with that.
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And that's kind of the secret sauce in terms of where we come in.
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And I would agree with that. So a great product is nothing without a great strategy behind it, right?
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And I think SaaS companies know this too well. Well, it doesn't mean they execute on it, right?
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We know prospects continue to purchase things with tunnel vision,
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shiny objects. This is going to solve all my problems.
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They focus on the products, the functionality, they are caught up in features
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and specs and they don't necessarily think long term or suss out those kind of dirty details.
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So that strategy goes overlooked. And in order to create that output,
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we need somebody who's going to help them.
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Realize that and what drew them there in the first place, right? We know this.
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The outcomes featured in case studies or testimonials is not coming from the product.
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It's coming from the strategy behind the tool in working with the partner.
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So again, that's that pulling together of what I vision is a true partnership.
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Yeah. It's funny, Steph, that you say that. One of the things that we have run
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into a number of times is, you know, our clients kind of evaluating these tools
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that are truly like they offer the Cadillac solutions.
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They offer everything under the sun.
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And, you know, then we point them in the direction of a solution that is probably
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a little better suited to where they are and their maturity,
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their needs, their priorities.
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And they'll start to say to us, but it does, you know, where you're guiding
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us doesn't offer us X, Y, and Z.
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And it's a really difficult conversation to then say, but why do you need X,
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Y, and Z? Like, you can barely figure out what A is.
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We're going all the way to the end of the alphabet. I don't think we need that.
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So how do you, like, kind of think about enabling your partners to have that
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conversation? Or are you having that conversation with your partners?
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I would definitely have those conversations with my partners.
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A very successful sales rep said
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this to me, which I thought was a really brilliant way to think about it.
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Because, you know, I don't come from that world. I don't think in the same way
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of that sales kind of cycle.
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But he said, there's no 100% panacea perfect software solution out there.
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If you can get a customer to achieve 75 plus percent of what they're looking
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for, they should go with you as the choice, right?
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I mean, if you can get 75% of the way there, I think our consulting partners
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should know So how to use the product, how to leverage it as an element of the
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holistic strategy the client is looking for.
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The way I look at it is if elation is sold and it's too big for an organization,
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it's not going to be successful.
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Then it falls back to the software is bad. The platform is bad.
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Elation is terrible. Like, you know, they claim to do all these things. Right.
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So there does need to be honest conversations because not every customer is for us.
442
00:28:37,231 --> 00:28:41,071
Right. That's what makes the world go round. I mean, we have over 600,
443
00:28:41,111 --> 00:28:47,751
plenty of testimonials. It runs across the different verticals and sizes and global and local.
444
00:28:47,971 --> 00:28:51,851
But again, there's specific reasons that they'll purchase a leeshan.
445
00:28:52,031 --> 00:28:55,271
There's other specific reasons they'll purchase a competitor that they may deem
446
00:28:55,271 --> 00:28:59,771
is less expensive. And you can get into all those nuances, right?
447
00:28:59,911 --> 00:29:03,931
But at the end of the day, you want people to walk away saying they did the
448
00:29:03,931 --> 00:29:05,811
right thing. And maybe it's not right now.
449
00:29:06,071 --> 00:29:10,751
Maybe it's sometime in the future because that tends to be what happens, right? Right.
450
00:29:10,771 --> 00:29:15,551
And we see it often with some competitors where they're buying the Cadillac.
451
00:29:15,571 --> 00:29:18,311
It's not successful. It's fallen down.
452
00:29:18,931 --> 00:29:22,271
Everyone's got a bad taste in their mouth. And then you got to start all over
453
00:29:22,271 --> 00:29:28,151
again and recreate that excitement and that fervor of, look what I'm bringing to you now.
454
00:29:28,231 --> 00:29:30,511
This one, I promise, is going to be successful.
455
00:29:31,691 --> 00:29:37,411
Yeah. Yeah. Yeah. I mean, I kind of make the analogy of giving my six-year-old
456
00:29:37,411 --> 00:29:40,991
the keys to my car when she can't ride her bike without training wheels.
457
00:29:41,071 --> 00:29:42,071
Like, why would I do that?
458
00:29:43,251 --> 00:29:52,471
Right. I fundamentally believe that you want to sell value and deliver something
459
00:29:52,471 --> 00:29:54,291
that brings an end result.
460
00:29:54,651 --> 00:30:00,871
And when you do those things well, inevitably you will grow into something as
461
00:30:00,871 --> 00:30:03,371
opposed to these big bang.
462
00:30:03,591 --> 00:30:06,711
And And sometimes they happen and sometimes they make sense,
463
00:30:06,911 --> 00:30:13,231
but you want to understand what is going to get that customer to buy and to
464
00:30:13,231 --> 00:30:15,011
be successful with that purchase.
465
00:30:15,311 --> 00:30:21,671
I coach my partners to make good choices because, again, it's your reputation
466
00:30:21,671 --> 00:30:23,451
and our reputation together.
467
00:30:23,831 --> 00:30:30,211
I question when a partner is pushing an all-in solution for any part of an architecture,
468
00:30:30,611 --> 00:30:33,591
especially around data governance. I mean, I look at it and I think there's
469
00:30:33,591 --> 00:30:38,131
a lot of pieces to that data governance puzzle that are actually owned by different parties.
470
00:30:38,311 --> 00:30:41,951
So why would you use one tool to solve for all of it? So I immediately pushed
471
00:30:41,951 --> 00:30:44,211
back and I'm like, you don't have that process identified, right?
472
00:30:44,271 --> 00:30:48,631
So if you go into any company and you ask them like, hey, this has happened.
473
00:30:48,731 --> 00:30:53,371
I was helping a fast growing biopharma. They were looking for a data integration solution.
474
00:30:53,591 --> 00:30:57,251
At first it started off as, well, I just want to put data from all these systems
475
00:30:57,251 --> 00:31:00,671
into this one system. That's where the conversation started. Hearted.
476
00:31:01,275 --> 00:31:05,115
And it ended up being, no, actually, I want a solution that does all these point-to-point
477
00:31:05,115 --> 00:31:08,615
integrations for me across our entire enterprise suite.
478
00:31:08,975 --> 00:31:12,695
First was a data project, and then it became an enterprise IT core.
479
00:31:13,115 --> 00:31:17,955
How do I integrate all these platforms, et cetera? And it was like pulling trees,
480
00:31:18,115 --> 00:31:19,875
trying to get them back to the original vision.
481
00:31:20,035 --> 00:31:24,635
Because once they had that larger need of, well, if we're going to solve this
482
00:31:24,635 --> 00:31:28,315
problem, let's solve all 2,500 problems we have as a company.
483
00:31:28,455 --> 00:31:31,775
And we could do it by buying this one tool. you couldn't get them off of it.
484
00:31:31,795 --> 00:31:33,135
It didn't matter what I said to them.
485
00:31:33,255 --> 00:31:38,275
I consider myself a fairly good consultant and I could not get them off that conversation.
486
00:31:38,575 --> 00:31:41,695
I just could not get them pulled back because once they decided that was going
487
00:31:41,695 --> 00:31:42,955
to be the way that was going to be the way.
488
00:31:43,075 --> 00:31:45,735
And at that point, I literally stepped aside and I said, you know,
489
00:31:45,755 --> 00:31:48,815
if you guys are going to do this, I'm sorry, but we can't help you.
490
00:31:48,895 --> 00:31:50,555
I literally said, we can't help
491
00:31:50,555 --> 00:31:54,515
you because that is like, I know what our success areas are. It's data.
492
00:31:54,895 --> 00:31:58,315
I'm not here to solve your enterprise systems, integration issues.
493
00:31:58,315 --> 00:32:00,535
And I literally was just like, we can't help you with that.
494
00:32:00,615 --> 00:32:03,895
So if that's now the vision of what you're going to go do, you're going to have
495
00:32:03,895 --> 00:32:06,375
to go do it without us. And we exited that conversation.
496
00:32:06,635 --> 00:32:09,435
But I don't think a lot of companies do that. They just sit there and they're
497
00:32:09,435 --> 00:32:13,515
like, well, yeah, we're going to start here. And then the box gets bigger and bigger and bigger.
498
00:32:14,015 --> 00:32:18,935
And they don't tell their client either, I'm out because that's not the box I'm used to working in.
499
00:32:19,355 --> 00:32:22,135
They're not honest about that. They just see the revenue growing.
500
00:32:22,135 --> 00:32:25,775
Or they just want an answer.
501
00:32:25,935 --> 00:32:28,975
So they'll push the client to make a decision with the bigger box.
502
00:32:29,515 --> 00:32:32,435
I think people are still afraid to say no, Sandy.
503
00:32:32,655 --> 00:32:39,255
I think that word as a vendor, so to speak, becomes this scary thing to say,
504
00:32:39,395 --> 00:32:41,475
what are they going to think if I back away?
505
00:32:41,835 --> 00:32:46,675
I think when I was a salesperson and we'd get a blind RFP and you'd have to
506
00:32:46,675 --> 00:32:51,475
go through it, I'd check kind of the timestamp and see if somebody else wrote the RFP.
507
00:32:51,495 --> 00:32:53,555
There were tons of things that you would go through.
508
00:32:53,895 --> 00:32:59,055
And depending on what the ask was, do we have bench people who could respond to it?
509
00:32:59,115 --> 00:33:02,495
Did it make sense to respond to it for an exercise in, you know,
510
00:33:02,495 --> 00:33:04,635
something we could reuse as an asset later?
511
00:33:04,895 --> 00:33:09,775
Or some cases, writing respectful, thanks, but no thanks, because you're missing,
512
00:33:09,795 --> 00:33:14,295
you know, all these key pieces of information, which lead me to believe that
513
00:33:14,295 --> 00:33:19,835
this is not necessarily a legitimate opportunity for us. And we have to spend our time wisely.
514
00:33:20,015 --> 00:33:25,415
And the hope is always that people have a respect for your ability to try to
515
00:33:25,415 --> 00:33:29,955
have an honest conversation, because that's the other thing in this partner
516
00:33:29,955 --> 00:33:34,135
world is I'm a firm believer in transparency and honesty.
517
00:33:34,415 --> 00:33:37,935
It may not be the answer I'm looking to hear or the answer I'm looking to share
518
00:33:37,935 --> 00:33:42,915
with you, but I think it just cements the fact that I want to be seen as a trusted
519
00:33:42,915 --> 00:33:47,955
resource and doing what I say I'm going to do and having that.
520
00:33:48,655 --> 00:33:53,095
Yeah. I remember the first time I heard a leader actually say no to an RFP.
521
00:33:53,115 --> 00:33:54,775
I'm like, but why would you do that?
522
00:33:54,875 --> 00:33:58,735
After years of experience, you see that if you go after the wrong opportunity,
523
00:33:59,035 --> 00:34:01,595
all of those things, stuff that you were talking about, the reputation,
524
00:34:02,015 --> 00:34:06,135
the satisfaction, all of that just goes out the window.
525
00:34:06,735 --> 00:34:11,215
And so, I mean, no is a legitimate answer to give to somebody. Yeah.
526
00:34:11,315 --> 00:34:16,755
I don't like responding to RFPs if you can't speak to the customer client.
527
00:34:16,755 --> 00:34:20,595
Client, I have challenges with that.
528
00:34:20,695 --> 00:34:22,995
Those are ones I don't like responding to.
529
00:34:23,135 --> 00:34:29,355
I think that I also find that, and I've seen many RFPs where they don't know
530
00:34:29,355 --> 00:34:32,315
what they're doing and they just play the RFP horrible.
531
00:34:32,935 --> 00:34:38,015
We had an RFP response that ended up being one of our largest wins ever at the
532
00:34:38,015 --> 00:34:40,075
firm that was poorly written.
533
00:34:40,095 --> 00:34:44,835
When we first got that RFP, I remember thinking to myself, are they looking for software?
534
00:34:45,055 --> 00:34:48,455
This is written like they're looking for software, not consulting services.
535
00:34:48,895 --> 00:34:53,255
I don't understand this. And we therefore decided we're just going to ask a
536
00:34:53,255 --> 00:34:55,535
bunch of questions because we had the opportunity to speak to them on the phone.
537
00:34:55,735 --> 00:34:58,815
So we were like, well, let's just ask them because the feeling was maybe they
538
00:34:58,815 --> 00:34:59,875
don't know what they're asking for.
539
00:35:00,015 --> 00:35:03,835
And we were able to, through the conversation, understand that they had no idea
540
00:35:03,835 --> 00:35:06,675
what they were doing. This was the first time they were going down this path.
541
00:35:06,955 --> 00:35:09,475
They actually didn't have a team that understood the space.
542
00:35:09,775 --> 00:35:12,815
So to us, it was a perfect opportunity because we're like, wow,
543
00:35:12,815 --> 00:35:16,415
wow, we can shape their people, their process, and their technology decisions.
544
00:35:16,935 --> 00:35:21,595
So this is exactly where we want to be with them. And we want it because of
545
00:35:21,595 --> 00:35:26,935
that insight of really thinking through, who are you? Why are you asking these types of questions?
546
00:35:27,115 --> 00:35:29,315
What are you really trying to achieve at the end of the day?
547
00:35:29,415 --> 00:35:32,355
It led us to being able to uncover the true opportunity.
548
00:35:32,915 --> 00:35:36,575
But I, you know, so I'll always start with a little bit of maybe they don't
549
00:35:36,575 --> 00:35:40,255
know what they're doing. Let's have a conversation first and see if we can get to the bottom of it.
550
00:35:40,335 --> 00:35:42,575
But if I don't have clarity after that conversation.
551
00:35:42,755 --> 00:35:44,815
I'm very comfortable saying no. Right.
552
00:35:45,095 --> 00:35:49,635
But you probably gave them insight into your ability and how you strategically
553
00:35:49,635 --> 00:35:52,495
think about things as you're guiding and coaching them.
554
00:35:52,575 --> 00:35:55,255
And then they're in a better position for the future as well.
555
00:35:55,455 --> 00:36:00,875
Right. I'm consistently still amazed at how many customers don't really know
556
00:36:00,875 --> 00:36:02,295
how to even buy software.
557
00:36:02,515 --> 00:36:05,795
They don't know the process. They don't know all the levers that need to be
558
00:36:05,795 --> 00:36:09,075
pulled. They don't necessarily always know the right questions to ask.
559
00:36:09,175 --> 00:36:15,295
Again, the benefits of having an independent partner to help guide them through those pieces.
560
00:36:15,775 --> 00:36:19,535
Or they're lazy and they go to a website that says, here's all the things that
561
00:36:19,535 --> 00:36:21,875
you need to ask about software vendors.
562
00:36:22,055 --> 00:36:24,855
And you grab that, they make that the RFP, and then you get it.
563
00:36:24,955 --> 00:36:27,615
Like, did they download this from a competitor website?
564
00:36:28,035 --> 00:36:31,875
Like, get it. They already decided and they actually have it. They're just lazy.
565
00:36:32,095 --> 00:36:35,875
And probably between the three of us, we've probably seen every situation under
566
00:36:35,875 --> 00:36:38,075
the sun. right, in the course of our careers?
567
00:36:38,315 --> 00:36:41,775
I'm sure we have. I think one of the things that always surprises me,
568
00:36:42,235 --> 00:36:45,155
you know, when our clients are surprised, is around timing.
569
00:36:45,765 --> 00:36:49,225
And they don't really have a great sense of how long it's really going to take
570
00:36:49,225 --> 00:36:54,605
to go from asking the questions to the time that you actually hit go and start implementation.
571
00:36:54,945 --> 00:36:58,985
There's so much that needs to happen in between. And without a partner to guide
572
00:36:58,985 --> 00:37:03,245
you and just working with those various vendors, I think it just becomes a very
573
00:37:03,245 --> 00:37:04,805
tricky situation to navigate.
574
00:37:05,165 --> 00:37:09,525
A lot of open questions of why is this taking so long? What do I need to be
575
00:37:09,525 --> 00:37:11,485
thinking of? Just don't get answered.
576
00:37:11,725 --> 00:37:14,865
Like you're just going transactionally from one vendor to the other.
577
00:37:14,865 --> 00:37:18,505
Or they don't even know how to navigate their own orgs. Oh, wait,
578
00:37:18,625 --> 00:37:22,305
now procurement wants me to get this clearance to security in the CISOs suite.
579
00:37:22,465 --> 00:37:26,405
Now I need to go get funding from three other parts of the organization.
580
00:37:26,725 --> 00:37:28,825
Now I need to go get buy-in for timelines.
581
00:37:29,385 --> 00:37:35,385
What advice do you have for either budding partner leads at software companies
582
00:37:35,385 --> 00:37:39,725
or consulting firms looking to get better at their partnerships?
583
00:37:39,725 --> 00:37:44,245
I think it's find a model that, you know, you admire, right?
584
00:37:44,365 --> 00:37:50,165
Whether it's a technology that you admire or a partner program you admire and
585
00:37:50,165 --> 00:37:52,165
figure out what's making that work.
586
00:37:52,285 --> 00:37:57,645
And there's always going to be nuances because again, some of it's back to the resources that you,
587
00:37:58,134 --> 00:38:03,034
How much marketing dollars do you have, right? How do you want to go to market together, right?
588
00:38:03,214 --> 00:38:08,234
And now we did these roundtables, which I loved the topic of that, right?
589
00:38:08,334 --> 00:38:13,254
It's bringing customers together. It's almost like a mini customer gathering
590
00:38:13,254 --> 00:38:19,034
that allows for dialogue that's open for lessons learned, challenges across the board.
591
00:38:19,094 --> 00:38:23,794
And, you know, again, expanding their own network within other professionals,
592
00:38:24,074 --> 00:38:27,694
right, that they can use as common ground.
593
00:38:27,694 --> 00:38:33,794
We have an ongoing pursuit right now that a customer of ours who speaks for
594
00:38:33,794 --> 00:38:38,214
us regularly met somebody at a CDO show in D.C.
595
00:38:38,274 --> 00:38:40,894
In December, and they developed a relationship.
596
00:38:41,254 --> 00:38:44,714
And she's leaning on him as she's going through her data catalog journey.
597
00:38:45,094 --> 00:38:47,294
Right, and working with Alation.
598
00:38:47,394 --> 00:38:50,434
And that wouldn't have happened if, you know, people didn't come together.
599
00:38:50,434 --> 00:38:55,894
So when I think about those things, it's trying to be creative and not just
600
00:38:55,894 --> 00:38:58,414
leaning on big industry and personal events,
601
00:38:58,634 --> 00:39:03,294
but finding ways to put out content that resonates with people,
602
00:39:03,374 --> 00:39:07,214
that doesn't make them feel skittish about asking questions, right?
603
00:39:07,334 --> 00:39:13,774
And being able to have resources to tap into. to. I think attention spans have gotten shorter.
604
00:39:13,994 --> 00:39:19,234
And so like doing big fat webinars for an hour and taking that time out of people's
605
00:39:19,234 --> 00:39:24,194
days, it probably still happens and I'm sure they can still be successful.
606
00:39:24,434 --> 00:39:29,514
But I think about why is YouTube and TikTok so palatable and popular? You know why?
607
00:39:29,814 --> 00:39:34,254
Because people can consume content that's relevant to them in a very short period of time.
608
00:39:34,394 --> 00:39:38,194
And then if they want to go delve deeper, they may be able to tap into other
609
00:39:38,194 --> 00:39:39,454
things that go from there.
610
00:39:39,554 --> 00:39:45,394
And that's when I think about budding partners, it's like finding ways to meet
611
00:39:45,394 --> 00:39:46,914
people where they are right now.
612
00:39:47,074 --> 00:39:52,054
Yeah, I agree with that. I feel that no one's gonna sign up for one hour webinar
613
00:39:52,054 --> 00:39:54,394
these days. Right. The intent is there.
614
00:39:55,038 --> 00:39:58,538
The intent is there, I'm sure. I see them come across and I'm like,
615
00:39:58,558 --> 00:39:59,598
oh, that looks interesting.
616
00:39:59,698 --> 00:40:02,278
And I get all excited about it. Before I hit that register button,
617
00:40:02,358 --> 00:40:04,938
I think to myself, am I really going to show up to this? Probably not.
618
00:40:04,958 --> 00:40:07,458
Don't register because I don't have time.
619
00:40:07,538 --> 00:40:12,518
Because in this virtual world, our calendars are packed from the moment you
620
00:40:12,518 --> 00:40:16,978
wake up to the moment you're logging off at the end of the day, it's going to be packed.
621
00:40:17,118 --> 00:40:21,438
And any moment you don't have a meeting, you're probably finishing a document
622
00:40:21,438 --> 00:40:26,258
or doing something or getting back to somebody via email or Slack or Teams or whatever it may be.
623
00:40:26,518 --> 00:40:30,058
So yeah, time is precious these days. It's a different world.
624
00:40:30,118 --> 00:40:31,178
We're not sitting at a desk.
625
00:40:31,458 --> 00:40:37,198
We're actually way more, I feel like we're way more productive than we used to be as a society.
626
00:40:37,378 --> 00:40:39,618
And you never shut it off. I mean, that's the reality.
627
00:40:39,838 --> 00:40:43,798
It's very difficult to shut off. The only way to do that is like go somewhere
628
00:40:43,798 --> 00:40:45,458
where you just don't have access, right?
629
00:40:45,758 --> 00:40:49,078
Yeah. I mean, that was me in Yellowstone last week.
630
00:40:49,158 --> 00:40:54,498
There was no cell service. So I knew very little of what was going on back in
631
00:40:54,498 --> 00:40:56,838
the office until basically I got back.
632
00:40:57,058 --> 00:40:59,358
You know what? My mind was clear. Yeah.
633
00:40:59,758 --> 00:41:03,738
I'm going away for a bit. And I am literally, I have to delete the apps off
634
00:41:03,738 --> 00:41:05,078
my phone, which is my plan.
635
00:41:05,138 --> 00:41:08,478
I'm deleting all the work related apps and others off my phone.
636
00:41:08,618 --> 00:41:13,398
And I'm shutting off my computer and I'm not opening, I'm hiding it from like
637
00:41:13,398 --> 00:41:15,998
sight. So I know it's gone and just gone.
638
00:41:16,258 --> 00:41:20,018
Who am I going to drive crazy while you're gone? Who am I driving crazy while you're gone?
639
00:41:20,598 --> 00:41:23,138
I'm still here. I don't have six weeks to take off.
640
00:41:24,518 --> 00:41:26,338
Probably due for a lunch, aren't
641
00:41:26,338 --> 00:41:29,878
we? That's trouble. I just have like one final like partner question.
642
00:41:30,598 --> 00:41:34,758
So, you know, one of the things that as we were building up our capabilities
643
00:41:34,758 --> 00:41:40,778
here at Cervelo that I was really insistent on with our team was to ensure that
644
00:41:40,778 --> 00:41:43,038
we were getting people certified, enabled.
645
00:41:43,378 --> 00:41:46,978
We're really driving commitment on our end.
646
00:41:47,404 --> 00:41:51,404
To say that we're spending the time, we're absorbing everything that elation
647
00:41:51,404 --> 00:41:55,084
can teach us in order to be successful when we go out to the market,
648
00:41:55,144 --> 00:41:59,784
when we start working with clients, implementing, helping with change management, whatever have you.
649
00:42:00,064 --> 00:42:04,364
So that was one of the strategies that I employed. But are there other strategies,
650
00:42:04,464 --> 00:42:08,264
either from the partner side or from the consulting side, that you would say
651
00:42:08,264 --> 00:42:12,804
are really key to ensuring a successful and healthy partnership?
652
00:42:12,804 --> 00:42:19,684
I think that one thing that is very undervalued is field-to-field alignment
653
00:42:19,684 --> 00:42:21,604
and relationship development.
654
00:42:21,824 --> 00:42:28,684
Knowing full well that sales executives or account managers in consulting firms
655
00:42:28,684 --> 00:42:34,764
typically have a book or a bag of things that they're responsible for helping
656
00:42:34,764 --> 00:42:38,064
customers think about and ultimately, quote unquote, sell.
657
00:42:38,064 --> 00:42:43,624
We're not looking for deep knowledge on elation, but the opportunities to whet
658
00:42:43,624 --> 00:42:47,884
the appetite of those prospects in those conversations to tee that up.
659
00:42:47,984 --> 00:42:51,864
And a lot of that comes from rep to rep alignment, right? Is do we like the
660
00:42:51,864 --> 00:42:53,444
same thing? Do we like each other?
661
00:42:53,584 --> 00:42:57,204
Are we the same people? Do we have the same values? Do we sell in the same way?
662
00:42:57,304 --> 00:43:02,504
You know, some people will sell to anybody and drop it all in and not look back.
663
00:43:02,664 --> 00:43:04,404
Others have real conscience.
664
00:43:04,724 --> 00:43:08,984
You're trusting me. I want to to deliver for you. So I think field to field
665
00:43:08,984 --> 00:43:12,204
alignment can be beneficial in building those relationships.
666
00:43:12,344 --> 00:43:16,304
And again, allows for you to potentially speak the same language and show up
667
00:43:16,304 --> 00:43:21,164
together, which again, creates a different experience when it comes to selling a product.
668
00:43:21,484 --> 00:43:24,584
So I think that's certainly one thing, your commitment, you know,
669
00:43:24,584 --> 00:43:26,744
definitely demonstrates those things.
670
00:43:26,904 --> 00:43:31,244
And I think then again, executing, you know, and finding an opportunity or two
671
00:43:31,244 --> 00:43:35,364
that you can then turn into that case study that goes back to our partner had
672
00:43:35,364 --> 00:43:36,924
the strategy and they're seeing it through.
673
00:43:37,164 --> 00:43:41,184
You know, those are things that resonate internally that give you credibility
674
00:43:41,184 --> 00:43:43,524
and build it from there. That's great advice.
675
00:43:43,804 --> 00:43:47,984
Well, again, Stephanie, thank you so much for spending some time with us to
676
00:43:47,984 --> 00:43:48,784
have this conversation.
677
00:43:49,024 --> 00:43:54,584
I love hearing our partner's perspective on what is critical for both of us
678
00:43:54,584 --> 00:43:57,424
to be successful, and that is a joint partnership for our clients.
679
00:43:57,604 --> 00:44:01,744
The reality of the space space is that people move around.
680
00:44:01,884 --> 00:44:06,964
And as you said, people buy from people. And I feel that same way in terms of who you partner with.
681
00:44:07,064 --> 00:44:11,684
I always find that I'm going to have a better relationship with a software company
682
00:44:11,684 --> 00:44:15,944
when the people they throw in front of me are easy to work with and understand
683
00:44:15,944 --> 00:44:19,664
kind of our charge and what we're trying to achieve as a business as well.
684
00:44:19,784 --> 00:44:24,044
So it's been fabulous working with you. And again, great insights.
685
00:44:24,064 --> 00:44:25,124
And thank you for the chat.
686
00:44:25,224 --> 00:44:28,684
Back at you. And thank you for having me as your guest today. This was really fun.
687
00:44:28,880 --> 00:44:36,840
Music.