Online review site Yelp.com (NYSE:YELP) recently reported their first ever quarter results as a publicly traded company. Although the company’s revenues may have grown beyond market expectations, they are coming in at significantly higher costs. The company continues to bleed and fails to deliver on a strong monetization plan.
According to Gartner’s report, in 2011, the customer relationship management (CRM) software market was dominated by SAP, which captured a 19.3% market share. Salesforce.com came in second with a 16.7% market share, followed closely by Oracle at 16%. Microsoft was a distant fourth, with 7.5% worldwide CRM market share. But Salesforce is rapidly increasing sales
According to Gartner’s recently released global PC shipment report, worldwide PC shipments for the first quarter this year grew 1.9% over the year to 89 million units. Analysts projected growth of 1.2% during the period. HP expanded their market share from 16.9% a year ago to 17.2%, with shipment of over 15.3 million units. This
Gartner’s global PC shipment report for the first quarter this year saw shipments in the U.S. fall 3.5% over the year to 15.5 million units. However, the market is relieved considering that Gartner analysts were projecting a fall of 6.1% during the quarter. Despite declining PC sales, HP seems to have walked out stronger. Gartner’s
According to the Everest Group’s first quarter report on the global outsourcing and offshoring market, transaction volumes for global outsourcing contracts remained flat for the quarter. Overall contract values grew 11% over the year to $3 billion. The report saw improved activity in terms of contract signing within the BFSI (banking, financial services and insurance)
According to the U.S. Bureau of Economic Analysis, legal services in the country were a $266 billion market in 2010. There is a big demand for legal services by small and medium businesses. A study conducted by L.E.K. Consulting LLC revealed that in 2011, $97 billion was spent by the small businesses and consumers on
Recently covered Boingo is working hard to get a footing in the air travel Wi-Fi space. It has to face tough competition from an existing airline Wi-Fi services provider, Gogo Inc. Illinois-based Gogo was founded in 2005 and now provides Wi-Fi services on nine major airlines in North America, including Delta, Virgin America, US Airways,
The vertical-focused media company, Glam Media, is moving fast toward their IPO. The Ad Network powerhouse, which earns revenues through advertisements, recently selected Goldman Sachs and Bank of America as lead bankers for the IPO expected to be out by the end of the current quarter.