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Billion Dollar Unicorns: Uptake Joins the Club

Posted on Thursday, Mar 31st

According to the IDC, global organizations were expected to spend about $120 billion in 2015 to connect factory operations, building systems, and mobile equipment in the field to the Internet of Things. Gartner reports that in 2014, 278 million factory machines, construction vehicles, and other pieces of industrial equipment were connected to the Internet of

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Billion Dollar Unicorns: WePiao Succeeds in Online Ticketing in China

Posted on Wednesday, Mar 30th

According to China’s State Administration of Press, Publication, Radio, Film and Television, the country’s box office revenues grew 48% last year to RMB40 billion (~US$6.2 billion). During the year, cinema goers increased by 48% as well to 1.14 billion. China is seeing a big push in online and mobile purchase of movie tickets. Reports suggest

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SAP is Also Counting on the Cloud and Analytics

Posted on Tuesday, Mar 29th

Analysts believe that despite the increased adoption of cloud-based services, even by the year 2020, on-premise ERP software would continue to have a bigger market share. On-premise ERP solutions are expected to account for 57% of the ERP market. But cloud-based ERP would be the fastest growing solution with a CAGR of 10% during the

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Ping Identity Getting Ready for IPO

Posted on Monday, Mar 28th

According to Allied Market Research, the global cloud Identity and Access Management (IAM) market is expected to reap in revenue of $2.8 billion by 2020 at a CAGR of 26.2% during period 2015 to 2020. Ping Identity is a key player and pioneer in this market.

Local Reviews Sites Re-evaluating Monetization Models

Posted on Thursday, Mar 24th

According to a BIA/Kelsey report, the Yellow Pages industry is expected to grow to $7 billion this year. Bigger vendors like Facebook and Google are also entering the market by creating their own versions of review-based yellow pages. Their entry is hurting the market where digital players are already struggling to make it a worthwhile

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Alibaba Invests Globally to Regain Glory

Posted on Wednesday, Mar 23rd

Two years ago, Chinese e-commerce giant Alibaba (NYSE: BABA) went public at the biggest US IPO ever when it raised $21.8 billion at a valuation of $167.6 billion. Soon after, the stock continued to skyrocket and was soon trading at valuations north of $215 billion. Since then though, the company’s ride has been bumpy. Its

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Adobe on Cloud Nine

Posted on Tuesday, Mar 22nd

A few years ago, Adobe (Nasdaq: ADBE) began its shift to the cloud by migrating its business from a software sales model to a cloud-based subscription service one. At the onset, the transition was bumpy and analysts had their doubts on whether or not Adobe would be able to deliver. But Adobe’s recent results are

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A Year of Transition for Online Travel

Posted on Monday, Mar 21st

According to a Phocuswright report, the global travel market is expected to grow 7.7% in 2016 to $1.4 trillion. The online travel market, which accounts for about 10% of the total travel market has seen much consolidation over the past few years with Expedia and Priceline going on an acquisition spree.