Beyond Benchmarks
Insights

Beyond Benchmarks 2024

We partnered with Emergence Capital to create the inaugural edition of Beyond Benchmarks, a deep dive into the metrics and trends observed across the early-stage enterprise cloud market.

Rally Ventures
May 22, 2024

We partnered with Emergence Capital to create the inaugural edition of Beyond Benchmarks, a deep dive into the metrics and trends observed across the early-stage enterprise cloud market. Below is a sample of the findings:

  1. 60% of companies have already integrated GenAI into their service offerings, and an additional 20% are planning to do so this year.
  2. Most companies are utilizing OpenAI as their primary LLM, but many are experimenting with multiple models – and we are noticing an early trend towards intelligently routing GenAI inference requests to different models based on cost, performance, and security.
  3. Though we are in the initial innings of GenAI, we are seeing some positive signals – companies that implemented GenAI had 7% higher NDR than those that did not.

Beyond Benchmarks goes “beyond” with more GenAI trends as well as insights around the current fundraising environment and key performance metrics. This report is intended to give founders and their teams a window into how they’re performing relative to their peers and help them make better informed decisions. Check out the full report here: https://www.emcap.com/thoughts/beyond-benchmarks/

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