Cloud-based life sciences solution provider Veeva (NYSE: VEEV) recently announced its second quarter results that outpaced market expectations. The company’s robust performance has helped its stock nearly double since the start of the year.
Cloud computing software vendor Twilio (NYSE:TWLO) has been on a roll. It continues to deliver financial results that outpace all market expectations, driving its stock higher. The stock has witnessed a 220% growth rally during the year.
According to a MarketsandMarkets report, the global Enterprise Asset Management (EAM) software market is expected to grow 12% annually over the next few years to become a $6.05 billion industry by 2022 from $3.44 billion in 2017. A leading player in the EAM market is Aspen Technology (Nasdaq: AZPN), which recently hit an all-time high.
Open source integration software vendor Talend (Nasdaq: TLND) had a strong IPO in 2016 inspite of a tough market. It attained the Billion Dollar Unicorn status after going public and continues its good run.
According to a Pew Market research conducted a few years ago, more than 75% of parents in the US reached out to social media networks for parenting related issues. It is not just the US, but parents of other nations also rely significantly on the Internet as a source of information. Recently, China-based Billion Dollar
For nearly a year now, mobile payments firm Square’s stock (NYSE: SQ) has been on the rise. Its recent financial results may not have been spectacular, but the usage metrics continue to impress the market, taking its stock to record highs.
According to eMarketer, global retail e-commerce sales have grown 25% to $2.304 trillion in 2017 and is expected to grow to $4.9 trillion by the year 2021. Inspired by the growth in the e-commerce market, Germany-based NuCom Group is expanding its presence significantly. The company recently entered the Billion Dollar Unicorn club.
Recent reports from analysts suggest that the global cryptocurrency market will grow to $1 trillion in 2018 from an estimated $417 billion in 2017 in spite of the growing regulatory concerns. But the skepticism has not stopped the US FinTech firm Circle from reaching the Billion Dollar Unicorn status.