According to a recent report, the global accounting software market is estimated to grow 8.6% to be worth $11.8 billion by 2026, North America being the largest contributor to this growth in terms of revenue. The growth in the developed markets is expected to be driven by the adoption of mobile devices and movement to
A recent Newzoo report estimates the global gaming industry to have grown 13% to be worth $137.9 billion with 2.3 billion gamers worldwide. Billion Dollar Unicorn player Discord is a social networking site focused on these gamers.
Facebook’s (Nasdaq: FB) recently announced second quarter results are making the market wonder if the company has finally lost its charm. The company has been dealing with controversy around fake news and growing privacy concerns for a while now. Recent results suggest that those issues may be finally taking a toll on its usage metrics.
Recently Linux provider Red Hat (NYSE: RHT) reported its first quarter results. While the quarter’s performance outpaced market expectations, its outlook was disappointing, sending its stock crashing. Since the results, the company’s stock has fallen nearly 12%.
Last quarter, Alphabet (Nasdaq: GOOG) was hit by a $5.1 billion fine by the European Commission. But despite the hit, the company surpassed all market expectations and saw its stock soar to record high levels.
Of late, the market has been very pleased with Microsoft (Nasdaq: MSFT) as it delivered stellar results for the fourth quarter. Better than expected outlook for the company helped drive its stock to an all time high. And, it was not just one segment driving the performance. Microsoft managed to deliver on all grounds. Well
IBM’s (NYSE: IBM) long turnaround appeared to slow down during the recently reported quarterly results. While the company did manage to surpass market expectations, the slowing growth rates left the market wanting.
According to a recent report, annual revenue from the global big data market was expected be $33.5 billion in 2017. Analysts estimate this number to double in the next four years as organizations continue to spend on hardware and related services. Mobile data traffic is estimated to account for 11 exabytes (11 billion gigabytes) a