Although a full recovery is still far away, analysts believe that the housing market may have begun to improve. In July 2012, sales of previously occupied homes grew 2.3% over the previous month. Over the past year, house sales have increased more than 10%. Home construction is also looking up. Market researchers predict that home
San-Francisco-based Ticketfly was founded in 2008 by Andrew Dreskin and Dan Teree. They believe themselves to be much more than an online ticket selling solution and see the company as an end-to-end, cloud-based social ticketing platform for event promoters and venues. The platform helps integrate ticketing with event website and social marketing in addition to
IDC estimates the enterprise social platforms market will be worth $4.5 billion by the year 2016. That translates to an annualized growth rate of 43% over the next four years. The market is currently dominated by bigger players such as IBM, which commands more than 40% of the market share. Other big players trying to
Gartner estimates that the worldwide SaaS market was worth $12.3 billion last year and projects it will grow to $14.5 billion this year. Further, IDC estimates that worldwide SaaS market revenue will grow at an annual rate of 26% over the next few years to reach $53.6 billion by 2015. IDC also projects that by
Analysts believe that consumers are beginning to feel the effects daily deals fatigue in the email in-boxes after being barraged by discount deals offered by multiple vendors multiple times a day. Benchmark Capital analyst Clayton Moran believes that “the daily deal business has run into a wall.” According to Yipit, daily deals market revenues have
A recent report by GIA projects the global cloud-based office productivity software market to be worth $16.56 billion by 2018. The researcher estimates that growth will be driven by increased adoption of these tools by small and medium businesses and Asia-Pacific markets. Menlo Park, California–based Asana was founded in 2008 by former Facebook employees Justin
Within the cloud computing segment, enterprise content management (ECM) is a fast-growth industry. Gartner projects that the ECM market will grow at a compounded rate of 10.1% annually to more than $5.7 billion by 2014. Another report by researcher The Radicati Group projects that by 2016, the market will be worth $7.5 billion. Big names
According to a report by the International Air Transport Association, global airline traffic grew 6.2% over the year in June 2012. But the agency expects traffic to slow in the coming quarters owing to the continuing European crisis. The depressed European market has hurt several online travel companies, which have lowered their outlooks for the current