IPO Prospects: Sigfox Delivers IoT at a Fraction of the Cost

A recent report by Machina Research estimates the total number of Internet of Things’(IoT) connections to grow 16% annually from 6 billion in 2015 to 27 billion in 2025. Nearly 71% of all IoT connections today are connected using a short range technology such as WiFi. That number is projected to grow marginally to 72% by

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Billion Dollar Unicorns: Sprinklr Acquiring to take on Big Brands

According to a PricewaterhouseCoopers report, domestic digital advertising revenue in the US grew 20% to $59.6 billion in 2015 driven by 66% growth in the mobile segment to $20.7 billion. Social media advertising at $10.9 billion was the second fastest growing segment with a 55% growth rate. Billion Dollar Unicorn club member Sprinklr is a fast

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Marketing and AI Key Focus Areas for Salesforce’s Acquisition Spree

This year, Salesforce (NYSE: CRM) has spent close to $5 billion on acquisitions, with the largest one being the $2.8 billion acquisition of e-commerce platform Demandware. Its most recent acquisition is that of marketing data startup Krux.

Billion Dollar Unicorns: Slack Delays IPO to Next Year

Slack appears to be on an on-again-off-again relationship with the stock market. At the end of last year, the company appeared to be gearing up to go public in 2016. But more recent news reports and comments by the management suggest that the stock market is quite a mile away for the enterprise chat services

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Energy Recovery Relies on R&D for Growth

In the recently reported quarterly results, alternate energy products provider Energy Recovery (NASDAQ: ERII) had a difficult run. But the market is still hopeful of its future. With investment in product development and talent, the company believes it just needs time to prove its worth.

Billion Dollar Unicorns: Guazi Leading the Chinese Online Used Car Market

According to market research, the Chinese car market is the biggest passenger car market in the world. It attained that honor back in 2009 and has kept the crown since. In 2015, the number of cars sold in China grew 5% over the year to 24.6 million units. Compare that with the 17.2 million vehicles

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Overvalued Unicorns Looking for Exits

The social media sector, Facebook in particular, has set the trend for high valuations even without revenues or even monetization models. But not all these unicorns can expect to sustain such high valuations. 

athenahealth Hits 52-Week Low After Trump Election

The Affordable Care Act (ACA) or Obamacare was a big push for healthcare IT companies like athenahealth (NASDAQ: ATHN). As these subsidies and regulatory pressures decline, athenahealth is shifting its focus to develop services that enhance end-customers’ productivity.