AN ADDITIONAL 1% IN NET RETENTION = $100M OF VALUE $350 $347 100% $300 Net Retention 125% $276 80% $250 65% 54% $209 60% $200 Enterprise $150 $148 Value $3.5bn 46% 40% $100 $102 41% 32% $66 20% $50 $40 26% Increased +$1.5bn $0 0% Value 2013 2014 2015 2016 2017 2018 2019 S A A S T R A N N U A L 2 0 1 9
State of the Cloud 2019 from Bessemer Venture Partners Page 32 Page 34