Ontario-based Shopify (NYSE:SHOP) continues to expand its B2C offerings and is now getting ready to take on Amazon. To drive revenue growth, Shopify is looking to invest heavily in the US fulfillment business – a market currently dominated by Amazon. But that is a highly capital intensive strategy to compete with a giant like Amazon.
Last week, Microsoft (Nasdaq: MSFT) announced its quarterly results that surpassed market expectations and sent the stock soaring. Not only did its stock scale record high levels, but its value also sent Microsoft into the trillion-dollar valuation territory. It became the third public company to cross that threshold after Apple and Amazon did that last
Facebook (Nasdaq: FB) continues to have a tough year with users, media and regulatory authorities continuing to question the company’s privacy policies. Earlier this month, Facebook admitted that it had mishandled millions of users’ passwords for Instagram. Another article revealed how it inadvertently harvested email contacts from 1.5 million new users since May 2016. Facebook’s
During the last quarter, ERP giant SAP (NYSE: SAP) has been in the news on account of the large scale restructuring and management reshuffle announcements. Despite the departures, the company continues to invest in cloud, AI, and IoT technologies as it targets to more than double its value by 2023.
Enterprise collaboration software provider Atlassian (Nasdaq: TEAM) has been steadily building up its portfolio through acquisitions. This last quarter was no different as the company continued to add other relatively smaller players to its portfolio. Its latest quarterly results also impressed the market, but the outlook failed to deliver and the stock fell 8% in
According to a recent report by Global Industry Analysts, the global market for cloud-based productivity software is expected to grow to $42 billion by 2024 driven by workforce decentralization and the emergence of borderless organizations. Billion Dollar Unicorn Asana is a leading player in the industry.
According to a Markets and Markets report published recently, the global enterprise collaboration market is expected to grow from $34.57 billion in 2018 to $59.86 billion by 2023, translating to an annualized growth rate of 11.6% over the five year period. Enterprise collaboration startup Slack has finally announced its plans to go public.
A recent Global Market Insights report estimates the global video conferencing market to grow more than 10% annually to $20 billion by 2024. But video conferences are just one of the reasons why video services are used in organizations. According to a Market Study Report, the Enterprise Video market encompasses other end-to-end solutions that enable