CompetitionThe competitive environment is robust, and RAMP's entry into the data collaboration market is challenged by formidable competitors like AMZN, GOOGL, and SNOW.
Industry GrowthThere are structural headwinds emerging as RAMP is likely gaining share versus direct competitor Neustar, but the data onboarding industry's growth overall is being affected by indirect competition from lower-cost platform-specific data solutions.
Market DynamicsA robust competitive environment and maturity of the market raise skepticism about the potential for data collaboration to reaccelerate growth.