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RingCentral Poised to Cross $1B Revenue in 2020

Posted on Tuesday, Aug 13th

According to a recent research report, the global unified communications market is estimated to grow 17% to $167.1 billion by the year 2025 driven by the continued use of cloud-based solutions for communication across enterprises. Recently, RingCentral (NYSE:RNG), a leading cloud-based communications platform provider announced its quarterly results that sent the stock soaring to record

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AppFolio Scaling via Capital-Efficient Acquisitions

Posted on Monday, Aug 12th

According to Gartner, the worldwide public cloud services market is projected to grow 17.5% to $214.3 billion in 2019. AppFolio (NASDAQ: APPF) is a SaaS player operating in niche vertical markets like real estate management and law practice management.  

Cloud Stocks: Partnerships are the Mantra for BlackLine

Posted on Friday, Aug 9th

According to a Market Study Report published earlier this year, the global cloud accounting software market is expected to grow 9% annually to $4.3 billion by the year 2024. The researcher pegs the industry’s revenues at $2.63 billion for the current year. Cloud-based financial software provider, BlackLine (Nasaq: BL) is a leading SaaS-based financial software

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Will Paycom be Acquired?

Posted on Thursday, Aug 8th

According to a Research and Markets report, the global human capital management (HCM) market is expected to grow 9% annually over the next few years to $29.9 billion by 2023. The HCM industry includes software solutions for core HR, payroll & compensation management, performance management, learning, talent acquisition, workforce management, and benefits administration. The industry

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Proofpoint Doubles Down on Product and Go-To-Market Changes

Posted on Wednesday, Aug 7th

According to a Grand View Research report published earlier this year, the global cyber security market is estimated to grow 11% annually through to 2025. The researcher estimates the industry to have generated $116.5 billion in revenues last year. Enterprise email security, e-discovery and compliance service provider, Proofpoint (Nasdaq: PFPT), recently announced its second quarter

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Cloud Stocks: ServiceNow Believes Strength Lies in Tie-ups

Posted on Tuesday, Aug 6th

Cloud-based enterprise services provider ServiceNow (NYSE: NOW) recently announced its second quarter results that outpaced market expectations. Right after the results, its stock registered a 60% price increase since the start of the year. Given ServiceNow’s growing tie-ups to expand market reach, that growth will most likely continue.

A Healthy Twitter Soars

Posted on Monday, Aug 5th

After a decade of losses, layoffs, and declining usage, Twitter finally looks fit. It has had seven straight profitable quarters and usage has been steadily rising in the past two years. Its shares soared 44% following its recent strong quarter.

Qualys Banks on Product Innovation

Posted on Friday, Aug 2nd

According to a recently published report, the global device vulnerability management market is estimated to grow 13% annually from $5.97 billion in 2019 to $16.3 billion by the end of 2025. Earlier this week, cloud-based security service provider Qualys (Nasdaq: QLYS) reported its second quarter results that surpassed market expectations.