4 ms·
I'm basing this on the actual technical terminology for classifying business segments. Snap and Apple are definitely considered Enterprises if we go by the Gart
by whoisjuan 8y ago
I'm basing this on the actual technical terminology for classifying business segments. Snap and Apple are definitely considered Enterprises if we go by the Garter definitions that represent business segments as cohorts of different IT needs.
SMB (Small and Medium-Sized Businesses)
0-100 Employees with ARR of $5-$10 million
SME (Small and Medium Enterprises)
100-1000 Employees with ARR of $10 million to $1 billion.
Large Enterprise
Over 1000 employees with ARR of over a $1 billion.
Of course, there are always going to be outliers or companies that can't be classified exactly in one category because they may have unusual large IT spendings and Infrastructure needs. That's probably the case for Snap and Apple, but that doesn't mean they are not enterprises by definition.
As an IaaS, the bulk of your revenue is not coming from Snap anyways. It's coming from companies with those arthritic speeds you mention and that are just starting to realize why it makes sense to move their huge workloads to the cloud.