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How Twilio and Datadog are winning back investors

CNBC

Twilio and Datadog are outperforming the software industry by leveraging AI-native solutions and demonstrating clear monetization paths. Both companies have seen significant stock gains (45% and 60% respectively in one month) as they successfully partner with rather than compete against major AI companies.

Summary

Twilio, an AI communications company, held an investor day to unveil new platform capabilities designed to improve how AI agents communicate and collaborate. The company introduced features for logging customer data, facilitating handoffs between agents, and generating actionable data lists. According to Twilio's CEO, these enhancements will significantly improve customer experiences by enabling virtual agents to handle customer issues more effectively. The practical application involves reaching consumers through their preferred communication channels and routing them directly to virtual agents rather than traditional IVR menus. This approach allows companies to reduce costs, serve more customers, and increase revenue through cross-selling and upselling opportunities during agent interactions.

Twilio's stock performance has been notably strong, rising approximately 45% over the last month, substantially outperforming the broader IGV software ETF during the same period. This outperformance is attributed partly to strong earnings results. Similarly, Datadog released impressive quarterly earnings, surpassing $1 billion in revenue for the first time as demand for data observability solutions continues to grow. Datadog shares have climbed approximately 60% in the last month.

The success of both companies reflects a broader shift in the software industry. Rather than being disrupted by AI, these companies have positioned themselves as AI-native solutions with clear paths to monetization. Importantly, both Twilio and Datadog have adopted partnership strategies with major AI companies like OpenAI and Anthropic rather than competing directly against them, allowing them to weather the ongoing stress in the software industry.

Key Insights

  • Twilio's new platform enables direct routing of consumers to virtual agents rather than IVR menus, allowing agents to spend several minutes addressing specific customer needs and enabling companies to perform cross-selling and upselling simultaneously with customer service resolution.
  • Twilio's stock has risen 45% in the last month and outperforms the broader IGV software ETF, with the outperformance attributed in part to strong earnings results.
  • Datadog surpassed $1 billion in quarterly revenue for the first time, driven by growing demand for data observability solutions.
  • Software companies like Twilio and Datadog are successfully addressing AI displacement fears by positioning themselves as AI-native solutions with clear monetization paths.
  • Both Twilio and Datadog have adopted strategies to partner with rather than compete against major AI companies like OpenAI and Anthropic, enabling them to thrive despite stress in the software industry.

Topics

Twilio AI communications platform capabilitiesVirtual agent customer service improvementsStock performance and investor confidenceDatadog revenue milestones and data observabilityAI-native software solutions and monetizationPartnership strategies with AI companies

Transcript

[0:00] AI communications company Twilio has been winning back investor confidence. The company at its investor day unveiling new platform capabilities that help AI agents communicate and work together more effectively. The updates include logging customer data, facilitating hand-offs, and creating lists of actionable data. Twilio CEO telling CNBC that these enhancements will dramatically improve the customer experience by making agents better at solving customer [music] issues. >> What that means in practical terms is for every consumer being able to be [0:31] reached in [music] exactly the way that they want to be reached. So, instead of hitting an IVR menu where we're waiting, we are now able to be placed [music] directly into contact with a virtual agent.…

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