Winning is getting easier: management describes the effort needed to land each new piece of business visibly falling, wi
The model's full reasoning — Q3 2021 call → NOWe need to determine if management conveys that winning business has become easier than in the past, with real recent proof, and still in effect. Look for explicit or implicit comparisons to past difficulty, recent wins, and ongoing ease. In the transcript, Udi Mokady says: "Q3 was another amazing quarter... acceleration in the demand environment... record SaaS bookings, record total bookings... Customers are embracing the subscription model... 72% of new license bookings coming from SaaS and subscription... ahead of our guidance framework." He also says "We typically land with PAM and momentum for Privileged Cloud continues to build... a Fortune 30 company signed our largest annual contract for Privilege Cloud ever... EPM had another record quarter... Access had another strong growth quarter... productivity levels increased in all regions and our cross-sell activity has improved considerably." He mentions "We are thrilled with the progress of our subscription transition... we are confident we will exit the transition by the third quarter of 2022." Does he say that winning business is easier than before? He talks about acceleration, record bookings, but does he contrast with past difficulty? He says "the acceleration in our business" and "our growth trajectory has never been stronger." That's about growth, not necessarily ease of winning. He mentions "customers are embracing the subscription model" and "SaaS taking off" but that's about adoption, not ease. He also says "Our partner ecosystem is further extending our reach and driving scale in our go-to-market." That's about reach, not ease. He says "We typically land with PAM and momentum for Privileged Cloud continues to build both in the mid-market and much deeper in the large enterprise." That's about momentum, not ease. He says "The increased focus on specialized resources from the Access and DevSecOps speedboat continued to pay off this quarter. Productivity levels increased in all regions and our cross-sell activity has improved considerably." That's about internal efficiency, not necessarily that customers are easier to win. He says "We are thrilled with the progress of our subscription transition... customers are getting faster type of value and prioritizing our platform, which will result in higher lifetime value over time." That's about value, not ease. He says "Our innovation pillar...
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| NICE | NICE Ltd. | Q4 2023 | 2024-02-22 | B+ |
| ACGL | Arch Capital Group Ltd. | Q4 2023 | 2024-02-15 | B+ |
| VRNS | Varonis Systems, Inc. | Q2 2016 | 2016-08-09 | B+ |
| ACCO | ACCO Brands Corporation | Q1 2016 | 2016-04-27 | B+ |
ACCO · Q1 2016 → YESThe question is: Does management convey that IT HAS RECENTLY BECOME EASIER FOR THE COMPANY TO WIN BUSINESS THAN IT USED TO BE, based on real recent wins, and still in effect. YES The transcript shows management conveying that winning business has become easier than in the company's recent past. Boris Elisman states that customers have seen the value of the company's strong brands during the past couple of seasons, resulting in broader and deeper penetration in mass retailers and continued share gains.
NICE · Q4 2023 → YESThe question is: Does management convey that IT HAS RECENTLY BECOME EASIER FOR THE COMPANY TO WIN BUSINESS THAN IT USED TO BE, grounded in real business won recently, and still in effect.
VRNS · Q2 2016 → YESThe question is whether management conveys that it has recently become easier for the company to win business than it used to be, grounded in real recent wins, and still in effect.