Product-led growth (PLG) is a business model that emerged in the last decade with the enormous success of vendors like Slack and Datadog. Unlike traditional sales-led models, PLG models cut out the middlemen (sales reps, for example) and let customers just download and use the product without third-party onboarding. The relative novelty of the pricing model and its demonstrably successful application in growing these companies attracted a lot of attention.
In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement—to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation. And just as financial services experiences its cycles, this time of year I find myself returning to the topic of cost reduction.
The Confluent Schema Registry plays a pivotal role in ensuring that producers and consumers in a streaming platform are able to communicate effectively. Ensuring the consistent use of schemas and their versions allows producers and consumers to easily interoperate, even when schemas evolve over time.