According to an eMarketer report, the global digital advertising market is estimated to grow 18% to $333.25 billion in 2019 and reach $517.5 billion by 2023. Digital advertising is expected to account for over 60% of the global advertising market by 2023. Online advertising marketplace The Trade Desk (Nasdaq: TTD) recently announced its first quarter
According to IDC, global revenue from big data and business analytics (BDA) solutions is expected to grow 12% to 189.1 billion in 2019. By 2022, IDC expects worldwide BDA revenue will be $274.3 billion. Irvine, Californa-based Alteryx (NYSE: AYX), which addresses the business intelligence and analytic tools, analytic data integration and spatial information analysis markets,
The global internet domain name provider GoDaddy’s (NYSE: GDDY) recent quarterly results failed to meet market expectations. The stock hasn’t fared well since the result announcement despite the various measures taken by the company to promise growth. Meanwhile, the company continues to add smaller players to its portfolio to expand its service offerings.
Oracle’s (NYSE: ORCL) recently announced fourth quarter results were a pleasant surprise for the stock. After two quarters of shrinking revenue, the company finally reported marginal growth in revenues. Oracle has been transitioning from a traditional licensed-based model to a subscription-based model to drive cloud computing revenues. The transition has hurt revenue growth in the
It has been under a year since the cloud-based enterprise planning services provider Anaplan (NYSE:PLAN) went public. The stock has almost tripled since it listed. It recently announced its first quarter results, and the stock climbed 20% post the announcement.
ForeScout (NASDAQ: FSCT), a cyber security company specializing in visibility for endpoint security, went public in October 2017. It recently reported a strong quarter and announced the release of a new platform focusing on operational technology (OT) security.
Recent reports suggest that the global data visualization market will become a $7.8 billion industry by 2023, growing at a rate of more than 9% annually. The industry shot into the news recently when Salesforce announced the acquisition of Tableau.
Nearly a year ago, security services provider Zscaler (Nasdaq: ZS) went public. And what a year it has been. Since then, Zscaler’s valuation has grown almost five times, and a slowdown does not appear to be coming soon.