According to a report by TechNavio published last year, the global business accounting software market is estimated to grow at CAGR of 6% to reach $4.1 billion by the year 2021. Blackline (Nasdaq: BL) is a SaaS-based finance and accounting firm that is trying to chip away at this market opportunity.
According to Transparency Market Research, the global sales performance management market grew 17.1% annually from $2.3 billion in 2017 to $8.1 billion by the end of 2025. Utah-based InsideSales.com is a Billion Dollar Unicorn in the sales performance enhancement space. It has been toying with the idea of an IPO for a while. Maybe 2018 is the year that
Cloud-based enterprise applications provider ServiceNow (NYSE: NOW) recently announced its first quarter results. As usual, the company continued to outpace market expectations. In fact, given ServiceNow’s performance, the company was recently qualified as one of the “cloud kings” by analyst Jim Cramer. It has been one of my favorites as well.
Last quarter Apple (Nasdaq: AAPL) announced plans to bring overseas cash stock back into the country in view of the change in the tax code. This quarter, it announced a record share repurchase plan to utilize some of that cash. This begs the question whether the incentives to allow corporations to bring overseas cash back
Alphabet (Nasdaq: GOOG) recently announced its first quarter results. The revenues for the quarter outpaced market expectations, as the company continued to drive growth through its growth engines of YouTube, Cloud, and Smart Home.
Amazon (Nasdaq: AMZN) recently announced its first quarter results that surpassed all market expectations and sent the stock soaring. The market is very pleased with its performance. Besides increasing the stock’s price target, analysts believe that it may well be on its way to becoming a trillion-dollar company. Clearly the recent remarks by President Trump
Analysts estimate the global Internet of Things (IoT) market to grow 29% annually over the next few years to become a $457 billion industry by the year 2020 from $157 billion in 2016. Redwood City-based C3 IoT is a leading player and a Billion Dollar Unicorn member in the sector.
According to a ResearchandMarkets report published earlier this week, the global Data Center Colocation Market is estimated to grow 15% annually over the next five years to $73.8 billion by 2023 from $31.25 billion in 2017. Redwood City-based Equinix (NYSE:EQIX) is a leading player in the segment.