Investor’s Business Daily “Digital Transformation — What It Is And Why It’s Sparking Software Stocks”

By November 8, 2019 November 11th, 2019 In The News

DevOps perspective provided by CD Foundation Premier Member CloudBees CEO Sacha Labourey – In section on “DevOps Competition Among Software Stocks”:

Many companies focus on making new apps available for customers in the internet cloud. That way they can be updated frequently.

CloudBees provides an assembly line type of platform that speeds up software releases. Customers include Hyatt Hotels (H), Capital One Financial (COF) and HSBC Holdings (HSBC).

Sacha Labourey, chief executive of CloudBees, says online competitors are disrupting the banking industry. These rivals focus on niches, like home loans.

“We don’t see any business shielded from software innovation,” he said. “It’s a new way to compete and it’s redefining many industries.”

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