According to researchers, the global digital video streaming industry is projected to grow from $3.3 billion in 2014 to over $10 billion in the next five years. Digital streaming is not only restricted to TV series and movies, but it is also expanding within the fields of journalism. Within the segment, Billion Dollar Unicorn club member
No Billion Dollar Unicorn story can be complete without a discussion on data anlaytics start-up, Tableau Software (NYSE: DATA). Here is the story of how Christian Cabot started this capital efficient unicorn company.
Here is a brief write-up on another Billion Dollar Unicorn Club member — cloud-based IT Services Management (ITSM) vendor, ServiceNow (NYSE: NOW). ServiceNow has shown how to create a multi-billion dollar enterprise by relying solely on domain expertise.
Continuing with the Billion Dollar Unicorn posts, here is another mega hit in the category: SaaS-based enterprise services provider for human resources, payroll and financial management, Workday (NYSE: WDAY).
Last year, we began tracking some Unicorn companies – essentially organizations with billion dollar plus valuations – inspired by a TechCrunch article by Aileen Lee of Cowboy Ventures. Some of these Unicorn companies went public last year and have reasserted their high valuations. One such company on my radar is digital marketing solutions provider Marketo (Nasdaq:MKTO).
According to Gartner’s third quarter report on global PC shipments, the market fell 0.5% over the year to 79.4 million units. Growth in the mature markets was offset by a decline in the emerging markets. Gartner analysts believe that with tablet penetration crossing the 40-50% range, consumers are going back to PC purchases. Lenovo remained
According to an eMarketer report released last month, the mobile gaming market is expected to surpass the traditional console gaming market in terms of revenues in 2015. Latest market estimates project mobile game revenues to grow 42% over the year to hit $25 billion in 2014. The revenues are projected to increase to $30.3 billion
According to an IDC report, the IT consulting market is expected to grow 4.1% annually till the year 2017. The significant reduction in oil prices in the last six months is also believed by the company executives to boost global economic growth that could lead to spending in IT capabilities.