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Q2 Holdings Helping Financial Institutions Move to the Cloud

Posted on Tuesday, Apr 15th

According to IT Spending in Banking: A North American Perspective, a report published by Celent, US financial institutions were expected to spend nearly $48.9 billion on IT initiatives in 2013. The study found that of this spend, $11.4 billion would be incurred on new initiatives. Banks are increasing their presence online and the new initiative spend is

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Globoforce Delays Their IPO Plans

Posted on Monday, Apr 14th

According to a Gartner research report, an organization spends nearly 2% of its payroll cost on traditional employee recognition expenses. A study conducted by IDC in 2012 estimated that the North America employee recognition market will grow 8% annually over the period 2011 through 2016. The market was worth $22 billion in 2011 and was

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Paylocity Addressing the Growing HCM Market

Posted on Friday, Apr 11th

According to an IDC research report, the US market for Human Capital Management (HCM) applications and payroll outsourcing services is expected to be worth $22.5 billion this year. Another research report by Aberdeen Group published in 2012 estimated that nearly 38% of HCM related investment was being made in cloud computing initiatives. It is not

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Rubicon Project’s Latest IPO

Posted on Thursday, Apr 10th

According to a research report by ZenithOptimedia, global ad spend was estimated to grow 3.5% last year to $503 billion. Digital advertising is becoming an increasingly bigger component of the advertising market. US digital advertising is estimated to account for 21.8% of the overall ad spend of $109.7 billion, compared with 19% market share a

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Nokia Finally Moves to Android

Posted on Wednesday, Apr 9th

According to a recent Gartner report, worldwide mobile phone sales excluding the smartphone segment grew 3.5% last year to 1.8 billion units. During the fourth quarter of 2013, mobile phone sales grew 3.9% to 490.3 million units. Samsung remains the market leader with a 24.6% market share and 444.4 million units in 2013 compared with 384.6

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BlackBerry’s Struggles See No End

Posted on Tuesday, Apr 8th

According to an IDC research report, smartphones powered by Android OS grew from 69% in 2012 to 78.6% in 2013, eating into the share of iOS devices. iOS-based phone sales fell from 18.7% to 15.2% and BlackBerry phones fell from 4.5% a year ago to 1.9% in 2013.

Mobile Messaging Apps: Kik Interactive

Posted on Monday, Apr 7th

Besides Asia-based mobile messaging apps like WeChat and LINE, there are a few other players in the North American market as well who have managed to amass a substantial user base along with a sizeable revenue model. One such player is Canada-based Kik Interactive.

Mobile Messaging Apps: KakaoTalk

Posted on Friday, Apr 4th

As I mentioned earlier, the preferred mobile messaging app varies across geographies. Facebook and WhatsApp are universal leaders in the Western markets, but the Orient is still dominated by home grown players. Here is a quick review of KakaoTalk, another Asian company making it big in the market. After capturing the South Korean market, KakaoTalk

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