Every week the Opus team picks a news story or topic or idea that is relevant to the entrepreneurs and businesses we partner with.

RSS Feed

Archives

Atlassian builds its marketplace

Ajit Deshpande - - 0 Comments

For more than a decade now, Sydney, Australia based company Atlassian has been offering tools that are widely used by software developers and project managers. The company offers products such as issue tracking application Jira, hosted code collaboration solution Bitbucket, and Git repository management platform Stash among others, which have together helped the company get to more than $150 million in annual revenues. Over the years, third party developers have built add-ons to Atlassian’s on-premise offerings to help further meet developer needs; these have been offered via the company’s online marketplace over the past year or so. Now, as development moves more and more into the cloud, Atlassian has continued to make its own transition as well, and last week the company announced it was opening up its marketplace to third party add-ons for its cloud products as well.

Issue tracking and version control have seen a lot of advancements over the past decade, partly driven by Atlassian and competitor Github, each of which is currently valued at more than a billion dollars. As competition between the two players continues to heat up, the key aspect here will likely be which company gains greater mindshare and usage amongst developers. In this context, Atlassian’s recent launch of Git Essentials (a product suite that combines Jira, Stash and other tools into a single integrated offering for enterprises) as well as last week’s marketplace-related announcement will help the company further engage its developer community. Github on the other hand has taken a slightly different approach; instead of building an affiliate marketplace program, it offers other avenues such as job postings to bring developers to its site. With both Github and Atlassian continuing to take such steps towards developing their ecosystem within this humongous software development market, the great news is that likely there will be three winners here: Atlassian, Github and finally the software developer!

« Back to Blog
Also on the Opus Blog

Netflix Part Deux

November 4, 2012
Ajit Deshpande - We discussed back in July that despite Netflix’s announcements of strong growth in subscriber content consumption, the going in the long run would be tough for the company in the...

Verizon acquires Edgecast

December 12, 2013
Ajit Deshpande - Last week, telecom giant Verizon announced the acquisition of CDN startup Edgecast Networks for a price that is rumored to be in the $390 million range. Edgecast is a six year old...

Linksys is Cisco's no more

January 28, 2013
Ajit Deshpande - Linksys, which was Cisco’s first acquisition in the consumer networking segment, was sold to home automation products manufacturer Belkin for an undisclosed amount last week....

Mammoth Round for Uber

August 28, 2013
Ajit Deshpande - Uber, a three year old start-up that has created a marketplace for car-service booking, last week announced a mammoth fundraising round of $361 million, at a valuation of approx. $...