Silk Technologies Strengths, Domain Expertise, and Key Differentiators
The Silk Platform is a cloud platform that enables enterprises to migrate their mission-critical applications to the cloud seamlessly while increasing performance over on-prem environments. The platform makes cloud environments run 10x faster and the entire application stack more resilient to any infrastructure hiccups or malfunctions. Silk sits neatly between the cloud infrastructure and the customer’s database.
Silk Technologies Recent Developments
Silk is a fully distributed virtualization platform that lives between a customer's workloads and the underlying cloud infrastructure. By using a shared-compute pool, it can provide up to 10x faster performance than cloud native alone and 50% cost savings on database license requirements, CPUs, and storage provisioning expenditures.
Silk Technologies Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Silk Technologies applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Silk Technologies and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Silk Cloud DB Virtualization Platform customers.
Silk Technologies Overview
Ownership: - x
Number of Employees: 250
Functional Markets: PaaS, IaaS,
Key Verticals: Automotive, Banking and Financial Services, Communication, Federal Government, State and Local Government, Public Safety, Healthcare, Life Sciences, Manufacturing, Media, Professional Services, Retail, Transportation,
Silk Technologies Key Enterprise and Cloud Applications
Silk Cloud DB Virtualization Platform
Silk Technologies Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Silk Technologies Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Silk Technologies Enterprise Applications Revenues By Functional Markets, $M:
Silk Technologies Enterprise Applications Revenues By Verticals, $M:
Silk Technologies Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Silk Technologies Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Silk Technologies Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Silk Technologies Customers
No. of Silk Technologies Customers: x
No. of Silk Technologies Enterprise Applications Customers: x
No. of Silk Technologies Cloud Customers: x
No. of Silk Technologies Cloud Subscribers: x
Among its customers are Sentara, Etoro, Priceline, Soccour Solutions, TPG and others.
Silk Technologies Market Opportunities, M&A and Geo Expansions
In July 2021 Silk has completed an oversubscribed Series B round of financing at a total of $55 million. S Capital led the investment round with participation from existing investors including Sequoia Capital, Pitango, Globespan, Ibex, and Vintage, and new investors including Clal Insurance, Bank HaPoalim, Meitav Dash, and Menora Mivtachim. The significant investment is a testimonial to Silk’s exponential growth, as demand for cloud environments rises rapidly in the wake of the Covid-19 pandemic. It will allow Silk to accelerate its sales and marketing efforts and expand engineering development.
Silk Technologies Risks and Challenges
As a highly visible corporate IT initiative, cloud migration is an oft-feared endeavor for CIOs because of the high failure rate—and failures usually mean someone’s job or at least a roadblock to promotion. This might affect customers' points of view for taking a step forward into cloud migration.
Silk Technologies Ecosystem, Partners, Resellers and SI
Silk partners with the world’s leading technology companies to deliver faster, smarter, and more cost-efficient cloud. Among their partners are UST, Velocity Network, vCORE Technology Partners, Tego Data Systems, Technologent, Soccour Solutions, Soaring Eagle Database Consulting, Presidio, Netrix, Management Science Associates (MSA), MR2 Solutions, Meridian IT, and many others.
Silk Technologies Cloud Infrastructure Insights
Subscribe to read more about:
- Silk Technologies Public Cloud and Infrastructure (IaaS)
- Silk Technologies Platform (PaaS)
- Silk Technologies Application Delivery
- Silk Technologies Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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