Software & internet
43 large-cap companies along a 5-stage value chain, researched and connected to their suppliers and customers. rejo measures this industry in: ARR, net revenue retention, RPO, seats, operating margin, AI attach.
The value chain
1
Infrastructure
- Shopify
- Nebius
- CoreWeave
- Verisign
- Akamai Technologies
- GoDaddy
2
Platforms
- Microsoft
- Palo Alto Networks
- CrowdStrike
- ServiceNow
- Fortinet
- Twilio
3
Applications
- Palantir
- Oracle
- SAP
- Salesforce
- Datadog
- Synopsys
4
Services
- IBM
- Accenture
- Infosys
- Cognizant
- Broadridge Financial Solutions
- Gartner
5
Advertising & commerce
- Alphabet
- Alphabet
- Meta Platforms
- Tencent
- Baidu
Largest covered companies
| Alphabet | GOOGL | Advertising & commerce |
| Alphabet | GOOG | Advertising & commerce |
| Microsoft | MSFT | Platforms |
| Meta Platforms | META | Advertising & commerce |
| Palantir | PLTR | Applications |
| Tencent | TCEHY | Advertising & commerce |
| Oracle | ORCL | Applications |
| Palo Alto Networks | PANW | Platforms |
| CrowdStrike | CRWD | Platforms |
| SAP | SAP | Applications |
| Shopify | SHOP | Infrastructure |
| IBM | IBM | Services |
What rejo does for software & internet investors
- A desk, brief and idea engine scoped to software & internet and organised by its value chain.
- The Transmission Desk: every print and supplier event in the industry, followed to the companies it reaches.
- Supply webs for each company, including private suppliers, and the suppliers the industry shares.
- Channel checks against consensus and prep sheets before each print.
- A KPI board in the industry's own measures: ARR, net revenue retention, RPO, seats.