Cloud Stocks: Can Okta Keep the Momentum Going?

According to a recent report by Verified Market Research, the Global Identity and Access Management Market is estimated to grow at 13% CAGR from $11.8 billion in 2019 to reach $29.8 billion by 2027. The continuing global lockdown conditions and the adoption of cloud computing technologies are driving the stellar growth in the industry. Okta

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Qualys Should Focus on a PaaS Strategy

Earlier this month, cloud services security provider Qualys (Nasdaq: QLYS) announced its third quarter results that continued to impress the market. Qualys continues to invest in product development to gain bigger traction in the market.

Cloud Stocks: Palo Alto Networks Has Missed the Window to Buy Zscaler

According to a recent report, the global enterprise cyber security market size is estimated to grow 7% annually over the next few years to become a $177.5 billion industry. The industry was pegged at $107.8 billion last year. Security players like Palo Alto Networks (NYSE:PANW) and Zscaler (NASDAQ: ZS) are seeing significant growth in their

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Cloud Stocks: Veeva Sees Customer Momentum

According to a Research and Markets report, the global healthcare cloud computing market is expected to grow at 17% CAGR to $51.9 billion by 2024 as companies continue to adopt big data analytics and IoT in healthcare. Veeva (NYSE: VEEV) recently reported its quarterly results that continued to surpass all market expectations.

Cloud Stocks: Splunk is on a Shopping Spree

Big data player Splunk (NASDAQ: SPLK) recently announced its third quarter results that failed to impress the market. The company has been on an acquisition spree to add several companies that complement its focus on building one of the most comprehensive observability offerings in the industry.

Salesforce’s Slack Acquisition: An Analysis

For the recently reported quarter, Salesforce (NYSE: CRM) crossed a milestone of $20 billion in annual revenues. But the market has been abuzz with the news of its $27.7 billion acquisition of Slack.

Cloud Stocks: Zoom Investing in Security

Online video conferencing player Zoom Video Communications (NASDAQ: ZM) continues to benefit from the ongoing global lockdown conditions. As organizations and educational institutions struggle to open doors in-person, video and audio conferences remain an active mode of collaboration, translating to Zoom’s rapid revenue increase.

Cloud Stocks: BlackLine Expands in Order-to-Cash Market

According to a recent report by Research and Markets, the global account reconciliation software market is expected to reach $4.5 billion by 2026, growing at a CAGR of 17.6%. BlackLine (NASDAQ: BL) is a leading player in the market that recently reported a strong third quarter that surpassed all market expectations.