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Cloud Stocks: SAP Riding High on the Cloud

Posted on Wednesday, Oct 23rd

Earlier this week, ERP giant, SAP (NYSE: SAP) announced its third quarter results that surpassed market expectations and sent the stock climbing. The market is very pleased with SAP’s strong cloud initiatives.

Cloud Stocks: Time For Skepticism with Netflix

Posted on Tuesday, Oct 22nd

Netflix (Nasdaq: NFLX) has had a tumultuous year so far. The stock has lost nearly 20% of its value since the beginning of the year. Increasing competition from rival and upcoming players in the streaming space are raise concerns over Netflix’s ability to keep growing, especially in the domestic market.

Atlassian Acquires Again From App Marketplace

Posted on Monday, Oct 21st

According to a recent MarketsandMarkets report, the global enterprise collaboration market size is projected to grow from $31 billion in 2019 to $48.1 billion by 2024 at a CAGR of 9.2%. Billion Dollar Unicorn Atlassian (Nasdaq: TEAM) is a leading service provider in this market, which recently reported first quarter results that just about beat estimates.

Cloud Stocks: IBM Banks on AI

Posted on Friday, Oct 18th

Earlier this week, IBM (Nasdaq: IBM) declared its third quarter results that exceeded earnings expectations despite missing revenue estimates. The stock fell nearly 5% post the result announcement in the after-hours session.

AI Unicorn DataRobot Simplifies Data Modeling

Posted on Thursday, Oct 17th

According to a report by Research On Global Markets, the global machine learning market is expected to grow 48% annually to $19.4 billion by 2023. The growing adoption of IoT devices and of a connected business ecosystem is expected to drive data-powered decisions, thus fueling the requirement for machine learning technologies.

Icertis’ AI Platform Leads to Unicorn Status

Posted on Wednesday, Oct 16th

According to a report by MGI Research, the total addressable market of contract lifecycle management companies is estimated to grow at a CAGR of 31% to $20 billion over the next five years. Bellevue, Washington-based Icertis is a leading player in the market that recently achieved a Unicorn status for its AI-based platform.

AI Unicorn Globality Alters B2B Procurement

Posted on Tuesday, Oct 15th

According to a Market Research Future report, the global procurement software market is projected to grow at 10% CAGR to $10 billion by the year 2023. The integration of AI capabilities with procurement software is expected to help bring on significant developmental opportunities into the procurement software market.

Outreach Joins the AI Unicorn Club

Posted on Monday, Oct 14th

According to a recent Salesforce survey, nearly half of all salespeople believe that AI is critical in guided selling capabilities. AI-driven sales engagement is a hot space and Outreach is one of the first unicorns from this field.