UTMCAP TMT - Stock Pick - Rubrik $RBRK
- Overview
- Cloud Data Management and Data Security through AI.
- Performance
- .
- growth in revenue for .
- Gross margins are
- Not profitable though, negative equity. But this would make sense as it's in a high growth stage.
- Strategy
- The AI driven approach for data security sets them apart from competition.
- Their AI assistant Ruby helps their clients through cyber attacks by guiding them through steps to take to lock things down.
- They acquired Predibase, a company specializing in training AI models.
- Monetization
- Business model is subscription based
- This is of their revenue, which raises two points:
- 1, highly centralized income, meaning if this goes down, they're done for.
- 2, because it's only one product they're focusing on, they're doing the most to grow that product and improve it.
- However this is contractual income:
- "Customers typically sign annual or multi-year agreements to use Rubrik's software to protect their data across on-premises and cloud workloads."
- Each customer typically generates
- As they're growing really quick, see that they align with the general idea laid out that they're a users first and profit later type of company.
- Competitors
- They have older players like:
- Veeam
- Cohesity
- Commvault
- Dell
- However with their USP of AI and exactly how they're integrating it in, it sets them apart.
- They also have strategic partnerships with cloud compute like AWS, Azure and Google.
- Sources: