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IBM On Acquisition Spree

Posted on Thursday, May 22nd

According to Gartner’s latest report on Global IT spending, economic recovery across the world is helping improve worldwide IT spending which is now projected to grow 3.2% this year to $3.8 trillion. Gartner expects a significant recovery in the Devices Market as global spending will grow 4.4% to $689 billion compared with a 1.4% decline

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Online Travel Companies Seek Growth in International

Posted on Wednesday, May 21st

According to an eMarketer report, growth in online travel sales will be driven by the increasing adoption of digital tools by emerging markets. The researcher expects only three countries to see double digit growth in online travel sales by 2017. China is expected to lead the market with 20% growth in 2017 followed by Italy’s

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Jasper Technologies – Enabler of the Internet of Things

Posted on Tuesday, May 20th

Not only has the Internet penetrated the services we use, but it is rapidly becoming a part of our devices as well. Known as the Internet of Things (IoT), today the Internet is being used to access almost everything from mobile phones to wearable devices, washing machines, house lights, and other such appliances. According to

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Rakuten – the Alibaba of Japan

Posted on Monday, May 19th

According to a recent report released by Forrester, e-commerce sales in the markets of China, Japan, South Korea, India, and Australia will grow at a compound annual growth rate of 16.6% to $858 billion in 2018. The report predicts that growth rate in the developed markets of Japan will be comparatively slower at 10%. Japan’s

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Yelp vs. OpenTable

Posted on Friday, May 16th

Today there is a growing importance of online review sites in the consumer decision making process. A Merchant Warehouse infographic released last year revealed that 72% of consumers trusted online reviews for their decisions. The study found that 90% of the visitors to online review site Yelp (NYSE: YELP) were influenced by the reviews they

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Credit Karma Sees Strong Revenue Growth, No Profit Yet

Posted on Thursday, May 15th

A recent IBISWorld research saw the revenues of US consumer credit scoring agencies grow 5% annually over the period 2009 through 2014 to be worth $11 billion this year. The market is dominated by the three key credit score providers – Equifax, Experian, and TransUnion. Today, US consumers have nearly $13 trillion in outstanding debt

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Automattic Wants to Take-Over the Web

Posted on Wednesday, May 14th

The interest in social blog sites, along with their valuations, has been growing rapidly. Last year, Yahoo acquired social blog site Tumblr for a whopping $1.16 billion. More recently, Automattic, the company that powers WordPress.com raised funds at a valuation of $1.16 billion as well. Here is a brief overview of how they have done

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Squarespace’s Silent Growth

Posted on Tuesday, May 13th

According to the United Nations International Telecommunications Union, by the end of the current year, nearly 3 billion people or 44% of the world’s households will have access to the Internet. Internet penetration is understandably the highest in the developed regions of America and Europe at 66% and 75% respectively. While three quarter of the

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