DevOps startups that help developers be more productive will fare well in an economic downturn, VCs say. Here are 17 they think will thrive in 2020.
- Venture capitalists are betting big on startups in DevOps, a term that combines development and operations.
- More companies are relying on DevOps software because it allows developers to be more productive when building websites, releasing updates, and more.
- Investors even say that DevOps startups may be more resilient during an economic downturn, because companies will need those products to keep their online services running smoothly.
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Even during times of economic crisis, companies will still rely on DevOps, a term that combines development and operations and refers to services that help engineers test, secure, and release their code faster and more frequently.
So say investors, at least, who argue that startups in this space are likely to remain stable even as the coronavirus pandemic creates broader market turmoil.
If anything, DevOps software will become even more of a necessity for companies now, as they adjust to the effects of the coronavirus, like the need for remote work and increased uptime on their services since people around the world are stuck in their homes, says Ed Sim, founder and managing partner at Boldstart Ventures.
"While most categories will take a short-term hit, DevOps will be as resilient as any category of IT spend moving forward," he said.
While that sentiment was echoed by two other VCs this week, Business Insider asked Sim and five others for their thoughts on DevOps startups even before the coronavirus started creating economic uncertainty.
Here are 17 DevOps startups that they think will go big in 2020: