Blackbaud (NASDAQ:BLKB) Chief Executive Officer Mike Gianoni outlined the company’s market position, artificial intelligence strategy and financial priorities during a discussion with Zach Canter, managing director in JPMorgan’s technology investment banking group.
Gianoni described Blackbaud as a cloud software company serving the nonprofit and broader social impact sector, including nonprofits, foundations, community foundations, universities, hospitals, K-12 schools, performing arts centers, museums and corporations that run employee volunteering and matching gift programs. He said the company pegs its total addressable market at $10 billion, as reflected in its investor relations materials.