Social networking site, Twitter (NYSE: TWTR), cannot figure out the secret sauce to success. Last year, it appointed a new CEO, its co-founder Jack Dorsey. The market expected him to deliver a miracle. Last week Twitter declared results and it again failed to deliver the miracle as its growth continued to stall. Recently Twitter also edited its Timeline feature to attract a higher user base. It remains to be seen how well these edits will help Twitter.
A recent study by IDC on Big Data projects the big data related infrastructure, software, and services to grow at a compound annual growth rate of 23.1% over the period 2014 through 2019. The market is estimated to be worth $48.6 billion in 2019. Another report by MarketsandMarkets projects the Advanced Analytics market, which includes Big Data analytics, to grow 33% from $7.04 billion in 2014 to $29.53 billion in 2019. >>>
After years of sky-high valuations, the year 2016 has gotten off to a gloomy start for the Tech market. Against this gloomy backdrop, LinkedIn’s disappointing outlook was punished harshly with its stock plunging more than 40%, wiping off $11 billion of its market value. It has also triggered a reassessment of the overhyped potential of Internet and cloud stocks. >>>
Alphabet (Nasdaq: GOOG), previously known as Google, reported stellar results last week. The market was pleased with the performance and helped drive Google to a valuation higher than Apple. Not for long though. More recent management changes have hurt the company and the stock price has fallen some. Apple has the crown back for now.
After four consecutive quarters of good results, analysts sent Amazon’s (Nasdaq: AMZN) stock down in the dumps. Last week, the company reported disappointing results for the quarter and the outlook wasn’t impressive either.
The saturation in the maturing smartphone industry coupled with currency fluctuations and macroeconomic challenges is finally weighing down on Apple’s results. For the first time since it launched the iPhone, Apple is expecting a decline in its revenue. >>>
According to an IDC report, the enterprise social networks and collaboration market is estimated to grow $800 million to $4.5 billion by 2016. The growth in the market is due to the continued benefits that organizations are seeing in terms of improved utilization of resources through better employee productivity and communication. >>>
According to a MarketsandMarkets report, the global customer experience management market is estimated to be worth $4.36 billion in 2015. The market is expected to grow 20% annually over the next five years to be worth $10.77 billion by 2020. The growth in the market is driven by the increasing adoption of newer channels such as mobile devices, social media, and other digital platforms that the customers are using to connect with brands.