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Billion Dollar Unicorns: Airbnb Continues to Soar

Posted on Thursday, Aug 11th

A recent report by Research and Markets estimates the global vacation rental industry to be worth $100 billion. The US holds the biggest market share with nearly a 25% market share. The report further expects the global vacation rental market to be worth $170 billion by 2019. Billion Dollar Unicorn Club member Airbnb is already seeing strong

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Billion Dollar Unicorns: Square Eyeing Large Sellers

Posted on Wednesday, Aug 10th

According to eMarketer, the number of people in the US using proximity mobile payments is expected to grow 61.8% to 37.5 million by 2016 while mobile payments are estimated to grow 210% to $27.05 billion in 2016 from $8.71 billion in 2015. Mobile payment firm Square, former member of the Billion Dollar Unicorn Club, went

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Tableau Faces Increasing Competition

Posted on Tuesday, Aug 9th

According to Gartner, the business intelligence (BI) and analytics market is in the final stages of a multi-year shift from IT-led, system-of-record reporting to business-led, self-service analytics. Global revenue in the BI and analytics market is forecast to grow 5.2% over the year and reach $16.9 billion in 2016.

Energy Recovery Expands in the Middle East

Posted on Monday, Aug 8th

According to a MarketsandMarkets research report on Water Desalination Equipment Market, the water desalination industry is estimated to grow 9% annually to be worth $15.27 billion by 2018. The report cites that the Middle East region is the largest market for water desalination equipment as it is witnessing the biggest number of activities in utilities,

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From Unicorn to Unicorpse: Jive Software Beats Estimates

Posted on Friday, Aug 5th

According to a ReportsnReports research report, the global enterprise social software market is projected to grow 11.3% annually from $4.77 billion in 2014 to $8.14 billion in 2019. However, ever since it went public in December 2011, enterprise social software provider Jive Software (NASDAQ: JIVE) has seen its valuation dwindle from $1.5 billion to around

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Baidu Fighting Regulatory Challenges

Posted on Thursday, Aug 4th

Baidu (NASDAQ: BIDU) has been struggling in recent quarters due to regulatory pressure. The company, however, has been moving beyond search to other areas like online video and autonomous cars, and its latest venture is into Augmented Reality (AR).

ServiceNow Diversifies

Posted on Wednesday, Aug 3rd

According to recent reports on the cloud services, global spending on public cloud Infrastructure as a Service hardware and software is estimated to grow to $38 billion in 2016 and the market is estimated to grow to $173 billion in 2026. The Software as a Service (SaaS) and Platform as a Service (PaaS) parts of cloud hardware

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Alphabet Reaches Record High

Posted on Tuesday, Aug 2nd

After a disappointing quarter to start the year with, Alphabet (Nasdaq: GOOG) appears to have got its groove back. The company’s recently reported results helped push the stock to a record high. And with its continued investment in the Cloud and Video, Alphabet’s growth won’t end soon.