PORTLAND, Ore.--(BUSINESS WIRE)--
Pacific
Crest Securities, the premier investment bank for technology, held
its 10th Emerging Technology Summit in San Francisco on March
3-4. The investment bank hosted more than 1,100 participants at the
conference, including executives from more than 250 public and private
technology companies and 500 investment professionals from
industry-leading venture capital, private equity, mutual and hedge funds.
Pacific Crest’s team captured insights from technology thought leaders
and reports the following emerging trends will transform the competitive
landscape for several tech sectors, including Security & Data Analytics,
SaaS, Cloud Infrastructure and Consumer, Internet & Digital, through the
next several years.
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Private companies in Security Software & Data Analytics will continue
to experience triple-digit growth due to high-profile breaches and the
willingness from enterprises to invest in security infrastructure.
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The SaaS space will experience a continued infrastructure shift from
software-defined to developer-defined.
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CIOs are increasingly willing to move mission-critical applications to
the cloud.
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New e-commerce companies are avoiding Amazon and finding unique ways
to partner with traditional retailers to create compelling experiences
and gain customers.
“The landscape of the technology industry is always shifting, but lately
we’ve seen even greater volatility than usual as established players are
increasingly under siege from disruptive, well-funded startups,” said
Scott Sandbo, chairman and chief executive officer of Pacific Crest
Securities. “We were excited to expand the roster for this year’s event
to include even more disruptive, growing private and public companies
that are defining new delivery models into traditional industries and
connecting them with the investor community.”
The results of Pacific Crest’s exclusive Annual
SaaS survey were also released at this year’s event. Among the
survey findings are an expected significant increase in IT spend in the
coming year; and market share gain by traditional top vendor incumbents
(such as MSFT, Oracle) after being taken on by new comers (including
Brightcove, Netsuite) in the past few years.
“Our annual Emerging Technology conference brings together the next wave
of private companies in the fastest growing sectors of technology, and
serves as a ‘pre-IPO’ showcase of who will impact the markets in the
near future,” said Terry Schallich, co-COO and co-head of Investment
Banking. "Last year, 75 percent of our clients were software deals and
the majority of those were cloud applications or infrastructure deals.
Based on conversations at this year’s event, we expect that level of
dealflow to continue or grow in 2015.”
For more information on Pacific Crest’s exclusive SaaS CFO Survey, click
here.
About Pacific Crest Securities
Pacific Crest Securities is the premier investment bank for technology,
operating at the leading edge, where global connectivity is fueling an
unprecedented expansion cycle. The firm applies its knowledge of the
drivers of value creation and its global network of relationships to
technology’s high-growth sectors, such as global Internet, mobility,
software as a service, cloud and big data, next-generation
infrastructure, and energy and industrial technology. As a result,
Pacific Crest’s clients – technology’s foremost institutional investors
and market-leading companies – rely on it to achieve superior returns
and gain competitive advantage from the seismic shifts occurring in
technology.
Pacific Crest is a subsidiary of KeyCorp (NYSE: KEY) and has 140
employees headquartered in the United States, with offices in Boston,
New York, Portland, San Francisco and Stamford, along with a
Representative Office in Beijing and Pacific Crest Securities UK, Ltd.
Learn more at www.pacific-crest.com
or follow on Twitter @PacCrestSec.

LANE (for Pacific Crest Securities)
Jeff Segvich, 503-546-7870
jeff@lanepr.com
Source: Pacific Crest Securities