§ 06 · SECTOR DEEP DIVE · 24 PLATFORMS

SaaS & Cloud

Enterprise infrastructure. Where organizational lock-in reaches maximum depth.

Platforms

4.31

Mean B

4.25

Median B

23/24

Above B = 1

Key Structural Finding

AWS (p=10) and Salesforce (o=9) represent the extremes of cloud lock-in: infrastructure dependency vs organizational embedding. Zoom proves that massive daily usage with high substitutability produces commodity economics. Snowflake demonstrates data gravity — petabytes of accumulated data are the ultimate switching cost barrier.

Sector Rankings — Palantir (9.90) to Zoom (0.90)

#	Platform	Ticker	Mkt Cap	Capture	Escape	B	Zone
01	Palantir	PLTR	$280B+	2.32	0.23	9.90	BLACK HOLE
02	SAP	SAP	$350B+	2.24	0.31	7.21	BLACK HOLE
03	Oracle Database	ORCL	$450B	1.99	0.28	7.01	BLACK HOLE
04	AWS	AMZN	(Amazon)	2.24	0.33	6.85	BLACK HOLE
05	Intuit	INTU	$170B	1.97	0.31	6.43	BLACK HOLE
06	NetSuite	ORCL sub	N/A	1.78	0.31	5.81	BLACK HOLE
07	ServiceNow	NOW	$180B	2.02	0.36	5.66	BLACK HOLE
08	GitHub	Private (MSFT)	$30B+	2.09	0.43	4.90	BLACK HOLE
09	Salesforce	CRM	$260B	1.85	0.39	4.76	BLACK HOLE
10	Microsoft 365	MSFT	(Microsoft)	1.98	0.42	4.73	BLACK HOLE
11	Workday	WDAY	$60B	1.72	0.36	4.73	BLACK HOLE
12	Adobe Creative Cloud	ADBE	$190B	1.70	0.40	4.30	BLACK HOLE
13	Cloudflare	NET	$70B	1.75	0.41	4.21	BLACK HOLE
14	Datadog	DDOG	$38B	1.62	0.42	3.86	BLACK HOLE
15	Snowflake	SNOW	$55B	1.52	0.42	3.67	BLACK HOLE
16	Atlassian	TEAM	$40B	1.45	0.44	3.33	BLACK HOLE
17	Google Workspace	GOOG	(Alphabet)	1.37	0.51	2.68	BLACK HOLE
18	Figma	FIG	$25B+	1.27	0.50	2.54	BLACK HOLE
19	HubSpot	HUBS	$12B	1.20	0.47	2.53	BLACK HOLE
20	Slack	CRM	(Salesforce)	1.36	0.54	2.52	BLACK HOLE
21	Twilio	TWLO	$22B	1.10	0.51	2.18	EVENT HORIZON
22	Notion	Private	$10B	0.81	0.60	1.35	EVENT HORIZON
23	Monday.com	MNDY	$8B	0.76	0.57	1.33	EVENT HORIZON
24	Zoom	ZM	$24B	0.65	0.72	0.90	TRANSITION

B-Index Distribution

Mean Parameter Profile

DATA

7.7

MEM

7.2

ACT

7.2

PROC

8.1

NET

7.2

7.8

PORT

3.9

SUB

4.5

FALL

4.7

ORG

7.6

MOM

5.7

Capture Escape Extended