I use two of the products you listed here and with 100% confidence say they are far superior product companies unlike a service provider 8Kmiles is.
Both of them are SaaS offerings helping their customers lower/eliminate cost of ownership of IT infrastructure and are examples of using cloud to disrupt traditional product vendors in the same space. These are companies leveraged cloud from product inception and wouldn’t never need an 8k to help them.
ServiceNow - Comprehensive suite of IT infrastructure management software that is hosted on cloud
Workday - Human resource management software hosted on cloud
their business is similar to a gmail or salesforce
Who needs services of 8k
- Any IT product startup wouldn’t required help of a company like 8k,
- large conglomerates with products would have inhouse teams helping with migration to cloud because if you need to rewrite the codebase, 8k can’t help
- The services they offer might help companies having physical IT infrastructure running software to run operations and can be categorized to three;
a) but they are better of migrating to products that run natively in cloud (eg workday, service now, salesforce, outlook etc)
b) cloud infra can be costlier if you lift/shift existing stuff
c) those who realize and fall for the hype of moving to cloud can either charter 8k or any of the IT consulting companies (I see no moat)
disclosure : I don’t own 8k, I do have good experience with datacenters/cloud