Unlike most companies that go for a standard IPO process, digitization optimization services provider Amplitude (Nasdaq: AMPL) recently listed on the stock exchange through the direct IPO listing. Its IPO has been received well, and despite the market turbulence, the stock has been rising.
Big data player Splunk (NASDAQ: SPLK) continues to expand its PaaS capabilities by adding to its partner offerings. The company recently announced its quarterly results that surpassed market expectations.
Healthcare cloud computing player Veeva (NYSE: VEEV) recently announced its quarterly results that continued to surpass market expectations. The company is eyeing the Data Cloud sector where it is seeing some traction.
The Global Cloud Security Market is estimated to grow at 14% CAGR to $67.6 billion by 2026 from $34.8 billion in 2021. Cloud security services provider Qualys (Nasdaq: QLYS) recently announced its quarterly results that continued to surpass market expectations.
Salesforce (NYSE: CRM) recently announced its third-quarter results that continued to surpass market expectations. The company is banking on acquisitions and partnerships to continue to drive its stellar growth.
The global NoSQL market size is projected to grow at 28% CAGR to reach $13.6 billion by 2027 from $2.3 billion in 2020. Couchbase (Nasdaq: BASE), a leading vendor in the market, went public earlier this year.
According to IDC, 65% of global GDP is expected to be digitized by 2022, driving over $6.8 trillion in global spending on digital transformation from 2020 to 2023. As organizations digitize their workstreams, activities that were earlier performed in physical environments, and those that were already digital, need to be continuously re-engineered to drive faster
The global NAND Flash Memory market is expected to grow from $18.5 billion in 2020 at 22% CAGR to $74.3 billion market by the end of 2027. Mountain View-based Pure Storage (NYSE: PSTG) recently reported its quarterly results that continued to outpace market expectations.