According to PhocusWright’s Global Online Travel Report 2012, the online travel segment will account for a third of the total global travel market value. Online travel sales are expected to grow by more than 10% in the U.S. in 2012. Experts predict that the U.K. will account for the largest share of Europe’s online travel market
Analysts believe that with developments like virtualization and the cloud, it has not only become more difficult but also more important to track the cost and value of IT services. The IT departments have thus had to look out for solutions that help them manage their operations and prove their RoIs. Organizations are moving to
Global market intelligence firm IDC estimates that the enterprise flash market will grow to $4.5 billion by 2015. Earlier this year, a Morgan Stanley analyst, Katy Huberty, projected a much stronger growth path. She believes that the enterprise flash market will grow from $2 billion to $20 billion over time. She, however, did not specify the time
According to the Bureau of Labor Statistics, in April non-farm payroll grew by 115,000, much short of the market’s projected growth of 165,000 jobs. However, during the month, unemployment rate fell marginally from 8.2% to 8.1%. As the slow growth in the job market continues, payroll processing firms are delivering steady progress and meeting market expectations.
EMarketer estimates that professional social networking site LinkedIn will see strong growth in the years to come. The researcher predicts that LinkedIn’s advertising revenues will grow to $405.6 million by the year 2014, compared with $154.6 million reported last year. They go on to predict that by 2014, U.S. advertisers will contribute 60% of LinkedIn’s
Recently, Facebook acquired Instagram, a mobile photo-sharing platform with over 30 million users, for $1 billion. The acquisition put some of the other social media companies under the spotlight as well. Palo Alto, CA-based Pinterest is one such company, which some believe has many potential suitors or a possible IPO in the waiting.
The recent successful IPO by big data player Splunk has sparked interest in some other, albeit smaller, players in the market. According to a recent report by open source analyst and researcher, Wikibon, the big data hardware and software market is estimated to be worth $5 billion. The market size is projected to grow annually
Among the recently listed technology IPOs, Santa Clara-based Infoblox is one that is doing rather well. The company is a leading provider of automated network control and appliance-based solutions that enable dynamic networks and next-generation data centers. It was founded in 1999 by the present CTO Stuart Bailey. Inflobox offers combined real-time IP address management