Season A - Ep. 5: Andy Bane, CEO of Element Analytics on unifying OT and IT data

Andy Bane, CEO of Element Analytics talks about the company's unique founding story and an important mission of changing how industrial firms unify OT and IT data.

BIO

Andy oversees the vision, strategy, and growth of Element Analytics, and is a veteran of the Industrial sector. He’s held executive roles at leading enterprise software companies, including EVP & Chief Strategy Officer for ABB Enterprise Software, EVP of Product Management. and CMO at Ventyx, a Vista Equity Partners company, acquired by ABB for over $1 billion and SVP of Product Mgmt. and Mktg. at P2 Energy Solutions.

TIMESTAMPS

00:10 Intro

02:00 Element Analytics value proposition

06:45 Element’s pricing

08:10 Net Retention

10:30 How Series B funds is being spent

12:10 Joining Element

15:00 Pricing and first client

18:32 First Sales person

20:00 First Marketing hire

21:23 First Customer Success hire

25:00 PE vs VC backed companies

26:15 Long-term vision for Element