Am I right in saying Microsoft reported that Github (the whole company including co-pilot) increased revenue from $1bn in 2022 to $1.45bn in 2023. 45% of this increase was driven by co-pilot, thus $202mn ($450mn x 45%) is Co-pilot revenues in 2023. Co-pilot had 1.8mn paid subscribers at the end of 2023. This sounds right because at $10 p/m per subscriber, total revenue will be $216mn ($120p/y x 1.8mn subs).
There are around 27mn people employed as software developers in the world. This means penetration is 6.7% (1.8mn / 27mn). 90% of Fortune 500 companies use Github, so it is not a case of companies not subscribing to co-pilot because they don’t use Github.
It is quite surprising that the most useful use case of LLMs only has a ~7% penetration rate.
Hey Jaco, the 1.8Mn and hence the resulting 7% penetration seems like a good approximation to gauge github copilot penetration in the year of 2023, however Github already had access to millions of software developers before 2023 as well, and we do not know if copilot was also introduced to them as part of existing github subscriptions that may not be part of 1.8Mn. Also, software developers may be using other copilots, so the effective penetration numbers would be higher.
GitHub's advantages lie in its openness, socialization, collaboration and teamwork, extensive application and ecosystem, good user experience and interface design, as well as its globalization and reliability. These advantages make GitHub an indispensable tool and platform for developers.
Am I right in saying Microsoft reported that Github (the whole company including co-pilot) increased revenue from $1bn in 2022 to $1.45bn in 2023. 45% of this increase was driven by co-pilot, thus $202mn ($450mn x 45%) is Co-pilot revenues in 2023. Co-pilot had 1.8mn paid subscribers at the end of 2023. This sounds right because at $10 p/m per subscriber, total revenue will be $216mn ($120p/y x 1.8mn subs).
There are around 27mn people employed as software developers in the world. This means penetration is 6.7% (1.8mn / 27mn). 90% of Fortune 500 companies use Github, so it is not a case of companies not subscribing to co-pilot because they don’t use Github.
It is quite surprising that the most useful use case of LLMs only has a ~7% penetration rate.
Hey Jaco, the 1.8Mn and hence the resulting 7% penetration seems like a good approximation to gauge github copilot penetration in the year of 2023, however Github already had access to millions of software developers before 2023 as well, and we do not know if copilot was also introduced to them as part of existing github subscriptions that may not be part of 1.8Mn. Also, software developers may be using other copilots, so the effective penetration numbers would be higher.
GitHub's advantages lie in its openness, socialization, collaboration and teamwork, extensive application and ecosystem, good user experience and interface design, as well as its globalization and reliability. These advantages make GitHub an indispensable tool and platform for developers.
And relentless focus on developer community.