This was the first quarter that HP reported its financials as two separate entities – Hewlett Packard Enterprise Co. (NYSE: HPE) and HP Inc. (NYSE: HPQ). Despite the split and the company managing to surpass market expectations, HP doesn’t appear to be doing anything radical to beat the declining trends in the industry.
According to Gartner, worldwide spending on information security in 2015 was expected to reach $75.4 billion, up 4.7% over 2014 driven by government programs, increased legislation and high-profile data breaches. A MarketsandMarkets report expects the global cyber security market to grow at a CAGR of 9.8% to reach $170.21 billion by 2020. CloudFlare, which entered
The Quote-to-Cash industry appears to be a high interest industry right now. According to Gartner, the market opportunity is expected to grow to $41 billion in 2018 from $31 billion in 2015. In December last year, Salesforce spent $360 million on the acquisition of SteelBrick, a startup in this space. San Mateo-based Apttus is a
Workday (NYSE: WDAY) continues to compete and beat Oracle and SAP at their own game. The company has shown how to uproot legacy vendors like Oracle and SAP by offering a cloud-based solution. In the last quarter, Workday replaced Oracle at Bank of America and signed 40 new customers within the cloud-based financial management space
I have always questioned sky-high valuations in the absence of a justifiable business model. One such company is local Peer-to-Peer commerce player OfferUp. Over the last five years, the company has achieved the Billion Dollar Unicorn status within the local P2P market, without even figuring out how to earn revenues.
According to a MarketsAndMarkets research report, the global enterprise application integration market is estimated to grow from $7.85 billion in 2014 to $13.35 billion in 2019. That translates to an annualized growth rate of 11% over the five year period. Last year, San Francisco-based MuleSoft was hoping to become a Billion Dollar Unicorn in the
According to a Bernstein Research report, only 8% of the $1.6 trillion global IT spend is spent on cloud computing technologies. But cloud is the fastest growing segment within IT. The researcher claims that in 2015, $128 billion or 60% of IT spending growth was spent on cloud technologies. By 2018, it predicts that all
Amazon has conquered the e-commerce space, leaving little scope for smaller players to grow. It has been observed that only niche e-commerce players have somewhat managed to survive its onslaught. Online eyewear retailer Warby Parker is one such player. In fact, its storefront strategy to build brand awareness seems to have inspired even Amazon.