According to a report published by SNS Research late last year, the global Big Data hardware, software, and professional services markets were estimated to grow to $57 billion last year. The researcher estimates that through the period 2020, the market will grow 10% annually to $76 billion. Big Data vendor and Billion Dollar Unicorn club
If there is one Billion Dollar Unicorn that has never been in a rush to go public, it is AirBnB. The ten-year old company has taken to heart Warren Buffett’s mantra of “get rich slow”. After carefully planning its financial and operating model, AirBnB believes that it will be ready to go public this year.
According to the Recording Industry Association of America (RIAA), the US streaming music accounted for a majority of the retail music industry revenues. For the first half of 2017, retail revenues grew 17% to $4 billion, of which streaming services accounted for $2.5 billion and grew 48% over the year. Revenue from listeners paying to
Oracle (NYSE: ORCL) may have delivered a rather tepid quarterly outlook as part of its recent result announcement. But the market is very hopeful of its cloud strategy as the company continues to battle it out with Amazon and adds more companies to its arsenal. First, the financials.
According to a Goldman Sachs report, the global ride-hailing market is expected to grow from $36 billion in 2017 to $285 billion by 2030. The average number of ride-hailing trips a day globally are expected to grow from 15 million in 2017 to 97 million by 2030. The ride-hailing companies are expected to charge an
According to a an eMarketer report published earlier this year, nearly 38.9 million viewers in the US would have streamed a video program at least once a month this year using Roku. The number of users for Roku are estimated to have grown 19% over the year this year. Alphabet’s Chromecast and Amazon’s Fire TV
According to a Newzoo report, the global gaming market grew 7.8% to $108.9 billion in 2017 driven by a 19% growth in gaming on mobile devices. Recently, San Diego-based gaming company Razer, a proud member of the Billion Dollar Unicorn club, went public on the Hong Kong Stock exchange.
If there is one stock that has managed to figure out how to transform itself to adapt to the cloud business, it is Adobe (Nasdaq: ADBE). Since Adobe began transitioning its offerings onto a SaaS model, the stock’s performance has steadily climbed. It has climbed nearly 80% since a year ago, and analysts believe that