Cloud Stocks: Five9 Strengthens its PaaS Focus

According to a recent Research and Markets report, the global cloud-based contact center market is estimated to grow at 25% CAGR to $49.12 billion by 2025 from $13.17 billion in 2019. Five9 (Nasdaq: FIVN), a leading provider of cloud software for contact centers, recently announced its fourth quarter results that surpassed market expectations.

Cloud Stocks: Veeva: Is It Possible to Build PaaS on PaaS?

According to a recent report, the global healthcare cloud computing market is estimated to grow by $25.5 billion, or 23% annually over the next four years. Earlier this week, Veeva (NYSE: VEEV) announced its fourth quarter results that surpassed market expectations, once again.

Cloud Stocks: Anaplan Focuses on API Connectors for its Platform

According to a Market Research Planning report, the global Enterprise Resource Planning market is expected to grow to $49.5 billion by the year 2024 driven by the increased adoption of mobile and cloud planning solutions and the penetration of these solutions within the SMB segment. Cloud-based planning services provider Anaplan (NYSE:PLAN) recently reported its fourth

Read Full Article »

Cloud Stocks: Datadog Performing Well Post Recent IPO

One of the biggest IPOs in 2019 was that of monitoring and analytics platform provider Datadog. It went public in September last year on the NASDAQ under the ticker DDOG. It recently reported its fourth quarter results that shattered market estimates.

Cloud Stocks: Why Salesforce Buying Vlocity Proves the Growing Importance of PaaS

Salesforce (NYSE: CRM) is dominating the news this week. Along with an outstanding quarterly result announcement, the company delivered two significant news items. First, Salesforce is acquiring Vlocity for $1.3 Billion. Salesforce also announced that its co-CEO Keith Block was stepping down from his position. Marc Benioff is back to being the sole CEO of

Read Full Article »

Cloud Stocks: Should Palo Alto Networks Acquire ZScaler?

This week has been slow for the stock markets. The growing fear of the spread of Coronavirus, coupled with the uncertainty about the elections and overall economic conditions have sent the stocks tumbling. It was not the best week for cyber security player Palo Alto Networks (NYSE:PANW) to announce its disappointing quarterly results. Not only

Read Full Article »

Cloud Stocks: Intuit Targets Online User Base Through Acquisition

Quickbooks’s parent company Intuit (NASDAQ: INTU) is the talk of the town these days. Not only did it deliver stellar second quarter results, but the company also recently announced a $7.1 billion acquisition – its biggest acquisition till date.

Cloud Stocks: GoDaddy is on a Shopping Spree

The global internet domain name provider GoDaddy (NYSE: GDDY) reported mixed results for the fourth quarter of the year. While revenues surpassed market expectations, its earnings failed to do so. But a strong outlook sent the stock soaring 11% in the after-hours trading session.