Billion Dollar Unicorns: Alteryx has a Successful IPO

After a disappointing year, the IPO market for tech companies has got off to a strong start in 2017. Alteryx recently became the second enterprise software company to go public this year after Mulesoft. 

2017 IPO Prospects: Okta Files in Red Hot Identity Management Sector

A Markets and Markets report published earlier last year estimates the Identity and Access Management Market to grow 13% annually over the next five years to be worth $14.82 billion by 2021. The market was estimated to be worth $8.1 billion in 2016. The impressive growth rate has helped companies like San Francisco-based Okta deliver

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Oracle Takes On AWS Next

Nearly three years ago, tech giant, Oracle (NYSE: ORCL) began its transition toward the cloud. Since the change in gear, Oracle has seen both revenues and profits fall. Finally, it now appears that the worst is over. As Jefferies & Co. analyst John DiFucci puts it, the “clouds are clearing”.

Competition Heating up in Online Travel

According to a Phocuswright report, the total travel market is expected to reach over $400 billion in 2020. US online travel agents’ (OTA) market share will reach 41% by 2020. The online travel market has seen much consolidation over the years and the duopoly of Expedia and Priceline now dominates the industry.

2017 IPO Prospects: Elevate Credit may Finally List this Year

A report published last year estimated the global consumer lending balances outstanding at the end of 2015 at $42.3 trillion, recording a growth of 3.3% since 2011. Within the sector, residential mortgage accounted for $32.9 trillion and non-mortgage consumer lending accounted for $7.5 trillion, excluding credit card loans and credit card balances of $1.8 trillion. Over the

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Billion Dollar Unicorns: MuleSoft Delivers Successful IPO

After years of mulling over the idea of going public, San Francisco-based Billion Dollar Unicorn player MuleSoft finally listed this month. It became the first enterprise software company to list this year and initial market reports show that the stock is holding up well.

New Relic Cashes in on Cisco’s AppDynamics Acquisition

The recent acquisition of AppDynamics by Cisco has brought the application performance monitoring (APM) market to the forefront. According to IDC, the APM market was worth $2.6 billion in 2015. The market is led by Dynatrace with 15% share and New Relic (NYSE: NEWR) came in sixth with 6.2% market share. AppDynamics accounted for 5.5% market share.

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Billion Dollar Unicorns: AppDynamics Sold Before IPO

A Gartner report estimates the IT operations market in 2016 to be a $23 billion industry. It also pegs the business intelligence and analytics market to be worth $17.1 billion. Together the two industries are estimated to grow 8% annually to $53.8 billion in 2020. Within the industry, the application performance monitoring market is seen

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