After Twitter’s IPO last year, the market has been abuzz with speculation of other Internet companies planning to list soon. One such player expected to go public is the news aggregating service, Flipboard, which continues to add to its content library to improve monetization efforts.
The worldwide database market is estimated to be worth $30 billion and is dominated by Oracle. But there is a fast growing start-up that is eyeing the market and aspires to compete directly with the tech giant. MongoDB has defied the database row and column structure to deliver a product that “developers love.” As Oracle’s
According to recent reports by the Bureau of Labor (BLS), the unemployment rate in the country continues to go down. In September last year, over 126,000 nonfarm payroll jobs were added in the private sector in the country. Unemployment claims are down to their lowest since 2007 with unemployment rate for women falling to 6.7%
According to a Gartner report, by the year 2016, a majority of the enterprise IT spending will be on cloud offerings. Researcher IDC projects the current worldwide cloud services spend at $9.6 billion. The market is projected to grow 25% annually over the next five years. Most tech giants have recently been focusing their efforts
According to a PwC report on global entertainment, the consumer demand for entertainment and media (E&M) services is projected to grow 5.6% annually over the next five years to $2.2 trillion by 2017. Digital entertainment will be among the fastest growing media with growth rates of 11.9%. By region, there are eight markets of China,
Over the last year, online streaming player, Hulu, has toyed with several ideas for future growth. It had evaluated ideas ranging from becoming a publicly listed company to selling the business to other online players like Yahoo. But of late, the company has decided to stay independent and continue to invest in its own growth.
According to the World Bank, India is the largest market for inward remittances of funds. The country is expected to receive $71 billion in remittances this year. China is the second largest market with inward remittances expected at $60 billion. India’s remittances are projected to grow 9.4% annually to $85 billion by the year 2015.
According to market researcher, Source Information Survey, the U.S. market for management consulting reported growth of 8.5% last year to $39.3 billion. This growth was driven by consulting services for marketing and sales, which grew 26% during this period, followed by operational improvement consulting business, which reported growth of 11.3%. IT consulting services market grew