Delivering Value Quickly in the Observability Space with Pranay Prateek
This week on The Business of Open Source I spoke with Pranay Prateek, co-founder of SigNoz. Pranay talked about why open source is important to SigNoz's business, why it's super important to deliver value quickly, even for an observability product, and why founders shouldn't think of open source just as a distribution model.
We also covered:
How SigNoz is differentiated in the crowded observability market
Why Pranay thinks being open source makes it much easier for developers to play around with the project and get to know it; so for them it made intuitive sense that the company that they’d build an open source company
Why Pranay also thinks open source enables much deeper integrations, which is critically important for an observability company like SigNoz
How one of their first lessons / mistakes was releasing an open source project that didn’t work well on an individual developer’s laptop, because it used too much resources
The GTM market, and the challenge delivering value within 30 minutes of trying out the project/product for an observability tool that provides maximum value during an incident — but no one is going to be trying out a new tool during an incident situation
Why their first commercial product was a cloud offering
And much more!
And if you’re interested in more discussions of open source businesses, make sure to join us at Open Source Founders Summit this May.