** Heroku CEO Bob Wise Departs Amid Growing Competition in Cloud Platform as a Service Market
Heroku's CEO, Bob Wise, has left the company after facing challenges and setbacks during his tenure. The departure comes as the competition for cloud platform as a service (PaaS) has intensified, with startups offering competitive pricing and features.
Wise joined Heroku from Amazon Web Services and was promoted to CEO in 2022, following Salesforce's acquisition of the company for $212 million. During his time at Heroku, Wise faced criticism over security concerns and the discontinuation of free plans due to fraud and abuse.
The platform as a service market has become increasingly crowded, with startups like Porter, Railway, Render, Fly.io, and Clever Cloud competing with Heroku's offerings. The company's efforts to engage with the developer community and provide low-cost solutions for compute and data resources will be impacted by Wise's departure.
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Source: https://techcrunch.com/2024/11/14/heroku-ceo-bob-wise-departs/