Is the Cloud Strategy Delivering for IBM?

IBM (Nasdaq: IBM) delivered a surprising performance for its fourth quarter. Not only did the company manage to surpass market expectations, but also delivered a y-o-y growth in revenue – a first for it in the last six quarters.

Sumo Logic in no Rush to List

According to an IDC research report, worldwide revenues for Big Data and business analytics solutions grew 12% to $189.1 billion in 2019 and is expected to grow at 13% CAGR to $274.3 billion by 2022. Redwood City-based Sumo Logic is a Unicorn in the market.

Smartsheet Focuses on Marketing Collaboration

According to a Markets and Markets report, the global enterprise collaboration market is expected to grow 9% over the year to $48.1 billion by 2024 from $31 billion in 2019. Last month, Seattle-based Smartsheet (Nasdaq: SMAR) announced its third quarter results that surpassed market expectations.

Cloud Stocks: Enterprise Bet Pays Off for SurveyMonkey

According to an IbisWorld research report, the US online survey market is estimated to grow 5% y-o-y to $1.2 billion in 2020, at a CAGR of 10% since 2015. San Mateo-based SurveyMonkey (Nasdaq: SVMK) announced its third quarter results recently that continued to surpass market expectations.

AI Unicorn ZipRecruiter First Bootstrapped, then Raised Money

According to an Ibisworld report, the online recruitment sites industry is estimated to have grown at 15% CAGR from 2015 to $10 billion in 2020. The growth in the industry is attributed to the improved job market conditions in the last five years. Santa Monica-based ZipRecruiter is an AI unicorn in the market.

Cloud Stocks: Forescout Fails to Deliver

According to a recent report, the global cyber security market is estimated to grow at 15% CAGR to $267.73 billion by 2024 from $118.78 billion industry in 2018. The growth in the industry is attributed to the adoption of IoT, BYOD, AI, and machine learning technologies. Despite the robust growth potential, Forescout Technologies (Nasdaq: FSCT)

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SoundHound is no Shazam

According to a Grand View Research report, the global voice and speech recognition market is estimated to grow at 17% CAGR to $31.82 billion by 2025. The growth in the industry is expected to be driven by the adoption and development of AI-based technologies that leverage voice and speech recognition capabilities.

TuSimple Uses AI to Make Trucking Simple

According to an Allied Market Research report, the global self-driving truck market is expected to grow 10% annually to $1.7 billion by 2025. TuSimple is an AI unicorn in the autonomous truck category.