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Cloud Stocks: CrowdStrike Gears up to Tackle Security Breach Concerns
According to a recent TechNavio report, the global endpoint security market is estimated to grow at 17% CAGR by $8.9 billion through the period 2020-2024. The recent cyber breach in the US, which impacted several federal organizations, will surely accelerate this growth even more. Endpoint security players like CrowdStrike (NASDAQ: CRWD) will see significant growth
Cloud Stocks: The Key to PagerDuty’s API Strategy
According to an Allied Market Research report, the global DevOps market is estimated to grow at 19% CAGR to $9.4 billion by 2023. San Francisco-based PagerDuty (NYSE: PD) recently announced its results that impressed the market. The company is counting on expanding its integration with Amazon and other tech services providers to gain a bigger
Cloud Stocks: Lemonade and Root Disrupting the Insurance Industry
Insurance is one of the largest industries in the world. Property, casualty, and life insurance premiums amount for nearly $5 trillion globally, and account for 11% of the GDP in the United States. Given the regulations and the financial risks involved in the industry, most insurance players are large, enduring businesses. In the United States
Cloud Stocks: Medallia Continues to Acquire
According to a Verified Research Market report, the global customer experience management market is expected to grow at 17% CAGR to $17.5 billion by 2027. Analysts believe that the increased demand for personalized experience by customers across different industries and the adoption of technological advancements within cloud, big data analytics and AI will help drive
Cloud Stocks: Talend Focuses on Data Reliability
According to a recently published report, the global cloud integration software market is expected to grow at CAGR of 12% through 2020 – 2025. Open source integration software vendor Talend (Nasdaq: TLND) recently reported its third quarter results. The company is focusing on expanding its data trust solutions to ensure that its consumers have access
Cloud Stocks: Proofpoint in the Cyber Attack Aftermath
According to a recent Verified Market Research report, the global email encryption market in the post-COVID-19 scenario is estimated to grow 24% annually to $19.27 billion by 2027 driven by the Bring Your Own Device (BYOD) trend and the continued adoption of cloud services, which has accelerated due to the global pandemic. San Francisco-based Proofpoint (Nasdaq:
Cloud Stocks: New Relic Needs to Accelerate PaaS Strategy
According to a recent report, the global Application Performance Management (APM) industry is expected to grow 11% annually over the next few years to become a $11.2 billion industry by 2027. New Relic (NYSE: NEWR) recently announced its quarterly results that continue to outpace market expectations.
Cloud Stocks: Should Zoom Acquire Smartsheet?
A report published earlier this year expected global team collaboration software market to grow at 13% CAGR from $9.5 billion in 2019. The current pandemic has further increased the adoption of enterprise collaboration solutions. Companies like Smartsheet (Nasdaq: SMAR) are benefitting from this growth.