Nadella’s Microsoft Delivers Stellar Cloud Numbers

Microsoft (Nasdaq: MSFT) recently announced its first quarter results and the performance blew past all market expectations. Microsoft continued to deliver stellar growth in the Cloud segment, instilling additional confidence in the market. Post the result announcement, its stock climbed to record high-levels, once again.

ServiceNow Continues Acquisitions

Earlier this week, ITSM provider ServiceNow (NYSE: NOW) reported its third quarter results that surpassed market expectations. But the market was not pleased with the performance and the stock slid nearly 5% post the announcement. It is a small bump considering that the stock has climbed nearly 60% since the start of the year.

Billion Dollar Unicorns: Proofpoint Expands Product Offerings to Gain Market Share

According to Gartner, the global cloud-based security services market is estimated to grow 21% this year to $5.9 billion and $9 billion by the year 2020. The growth is expected to be driven by small and mid-sized businesses as they are becoming increasingly aware of security threats. Billion Dollar Unicorn player Proofpoint is helping manage email-based attacks as

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2018 IPO Prospects: Lyft may go Public Sooner than Uber

Earlier this year, I had observed how it may be a while before we see the IPOs for ride-sharing apps like Uber and Lyft. For Uber, that prophecy appears to be holding good considering the widespread scandals surrounding the company with reference to its corporate culture and business practices. But, recent reports suggest that Lyft

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Billion Dollar Unicorn: Rocket Lab Launches into the Unicorn Club

According to a report by the Space Foundation, the global space market was worth $329 billion in 2016 with commercial space activities accounting for 76% of the spend. Los Angeles-based Rocket Lab is a new entrant to the Billion Dollar Unicorn club within the space industry.

2017 IPO Prospects: MongoDB Files Confidentially

According to a MarketsandMarkets report, the global Big Data market is projected to grow from $28.65 billion in 2016 to $66.79 billion by 2021. That translates to an annual growth rate of more than 18% over the projected five-year period. The growth in the industry is helping drive expansion in emerging non-row and column-based databases

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Cloudera Makes a Comeback

Big Data vendor and Billion Dollar Unicorn club member Cloudera (NYSE: CLDR) went public earlier this year. Earlier this summer, the company announced its first quarter results after it went public. But the earnings miss did not please the market and the stock fell nearly 30%. Tables appear to have turned with the second quarter as the

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Workday Makes Two Key Moves To Compete Against Salesforce

According to a market research report by MarketsandMarkets published earlier this year, the global Human Capital Management (HCM) market size is expected to grow 9.2% annually over the next five-year period. The industry is expected to grow from $14.50 billion in 2017 to $22.51 billion by 2022.