Baidu, Alibaba Dominate Search and E-Commerce in China

iResearch’s statistics show that during the first quarter of 2012, China’s search engine advertising sales fell 5.2% over the quarter but grew 68.2% over the year to 5.49 billion yuan (~$0.87 billion) in Q1 2012. Baidu’s market share remained the highest last quarter, when it grew to 77.6%  from 77.3% a quarter ago. Google continued to struggle in the

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AppSense Also in the IPO Pipeline

According to the report Global Mobile Virtualization Market 2011-2015,  the global mobile virtualization market is projected to grow at an annual rate of 20.1% over that four-year period. Growth will be fueled by the increased adoption of cloud-based computing from both corporate and home users. Researchers also expect that in the coming years, cloud computing

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MindTree and Persistent Systems Represent New Wave of Indian IT Growth

The Indian IT body NASSCOM expects the IT services market in India to grow 11%-14% in 2012. Growth is projected to slow down from the previous year’s rate of 37%. The depreciating rupee has helped Indian outsourcers, which have been able to report higher earnings. But the industry continues to be plagued by the challenges of

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Marin Software Readying an IPO

In a recent report, research firm Global Industry Analysts predicted that the global online advertising market will grow to $84.8 billion by 2017. This growth is attributed to increased use of mobile, online video, and social networking advertising platforms by small and medium enterprises (SMEs) and e-commerce companies.

Intel Battles ARM For Apple’s Love

Gartner estimates that in 2012, worldwide PC shipments will grow 4.4% over the year. Another report cites that growth in IP traffic will lead to increased demand for data centers. Further, analysts believe that IP traffic will triple by 2015, and lead to 50% growth in data storage needs. Growing demand for computers and data

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CollabNet Eyeing IPO

According to Gartner, global spending on SaaS is projected to grow by 18% this year to $14.5 billion. Growth is projected to continue through 2015 when the SaaS market spend will grow to $22.1 billion. Mature markets of North America, Europe and Japan will see growth of more than 16% each. North America will remain

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Cloud Security Vendor Qualys Ready for IPO

According to research firm TechNavio, the global cloud security market is projected to grow at an estimated annual rate of 41% from 2010 through 2014 to reach $963.4 million. In 2010, the cloud security market accounted for 2% of the overall IT security software market. That share is also projected to grow to 4% by

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RingCentral Gearing Up For IPO

In a report released last year, researchers at firm Point Topic estimated that voice over Internet protocol (VoIP) technology had more than 120 million subscribers worldwide. The report estimated the industry would grow to $40 billion by 2015. VoIP technology has helped many small and medium businesses (SMBs) establish a much bigger presence in the

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