According to Gartner, more than 80% of software providers will have migrated to a subscription-based business model by the year 2020. Another research estimates the global subscription economy for the SaaS industry to be a $100 billion market opportunity by 2020. But not all companies were set up with the complications of a subscription-based billing
According to an IBISWorld report published last year, the online payment processing software market in the US has grown 7% annually over the period 2012 through 2017 to $20 billion. Amsterdam-based Adyen is a Billion Dollar Unicorn club member in this space, one of the few European Unicorns that have crossed the threshold.
According to eMarketer, the US programmatic digital display ad spending was estimated to grow from $32.56 billion in 2017 to grow to $45.72 billion by 2019. The growth will be driven by continued emphasis on advertising quality and brand safety. Billion Dollar Unicorn player AppNexus is hoping to cash in on this growth, if it can
According to a report published last year, the global BI Market is expected to grow 11% annually over the next few years to $29.5 billion by 2022 from $15.64 billion in 2016. One of the leading players in cloud-based BI solutions is Utah-based Billion Dollar Unicorn Domo.
Netflix (Nasdaq: NFLX) is on a roll. Earlier this week, it reported its fourth quarter results that shattered all market expectations. If there was ever a doubt about slowing subscriber growth, Netflix has put all of those to rest in these results.
According to TechSci Research, the global collaboration software market was worth $4.78 billion in 2016. It was estimated to grow 10% annually to $8.96 billion by 2022 driven by the increasing adoption of bring your own device policies at work places. Billion Dollar Unicorn Atlassian (Nasdaq: TEAM) is an established player in the market. Since listing, the
Billion Dollar Unicorn club member Stitch Fix (Nasdaq: SFIX) went public late last year and generated quite an applause for being the first woman led tech company to list in 2017. But the applause seems to have given way to skepticism as analysts feel that it will stumble like Blue Apron. Some even call the
Last year, Billion Dollar Unicorn club member MongoDB (Nasdaq:MDB) went public and became the first non-Hadoop Big Data vendor to do so. Since its listing, the stock has had a roller coaster ride, but despite the misses, has maintained its Unicorn status. Here is a quick look at its financials and performance so far.