SAP Driving Growth through HANA

According to researchers, Siemer & Associates, the Software-as-a-Service (SaaS) market is projected to grow 16.8% this year to $16.7 billion. The researcher believes that the growth in the market is driven by increased adoption of CRM, ERP, HR SaaS tools and the need for mobile apps for corporate applications. Another report estimates the SaaS market

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Samsung Giving Apple a Run for Its Money

Earlier last week, Apple released its updated iPhones – the iPhone 5S and iPhone 5C. Many believe that Apple has lost its innovative streak with the passing of founder Steve Jobs. Many of the company’s new products may be testimony to this belief as they feature rather simple upgrades instead of the radical new developments

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Adobe’s Cloud Subscription Is a Success

Earlier this year, digital publishing solutions provider, Adobe (Nasdaq:ADBE) announced plans to shift its revenue model to a subscriptions-based one. It planned to gradually shut down support and sales of perpetual license products and instead get users to subscribe to them by charging an annual or monthly fee. The basic subscription costs $19.99 a month,

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Online Travel Continues to Boom

According to RBC, within the U.S., online travel sales account for 43% of total travel sales. That number is projected to increase marginally to 44% by the end of next year. Analysts believe that increased online sales will be driven by the continued adoption of mobile devices. Meanwhile, online travel sites are expanding their international

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LivingSocial Continues Its Descent

LivingSocial’s troubles in the waning daily deals space are not easing. Analysts were once very positive about the market space and were projecting 47% annual growth rates, with market value that was projected to grow to $6 billion by 2015. But since then, projections have become more conservative. Market leader Groupon has seen its valuations

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Splunk’s Stock Continues to Soar

Big Data Market – Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2012-2018, a report by Transparency Market Research, projects the worldwide big data market to grow 41% annually from $6.3 billion in 2012 to $48.3 billion in 2018. The researcher estimates software and services segment to be worth 50% of the market in

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Nimble Storage – An IPO or an Acquisition Target?

According to market reports, the network storage market is estimated to be worth $20 billion this year. Software solutions within this market are projected to grow 15% annually and account for nearly $5 billion of this market. Another report, IHS iSuppli Data Flash Market Tracker, estimates the NAND Flash memory market  to grow 8% in 2012 to

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SugarCRM’s Path to IPO

According to a Gartner report titled Forecast: Enterprise Software Markets, Worldwide, 2012-2017, 2Q13 Update, the worldwide customer relationship management (CRM) market is projected to grow 15% annually to $36.5 billion by 2017. While Salesforce.com remains a dominant force in the market, there are others that are showing strong growth potential as well.