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AI Unicorns 2022: CommerceIQ Leverages AI for Retail Industry Digitization

Posted on Wednesday, Apr 27th

Analysts estimate e-commerce sales in the US to cross $1 trillion in 2022. Earlier pre-pandemic estimates had predicted the industry to cross this milestone in 2024. B2B e-commerce is also expected to grow 12% this year to $1.77 trillion. Companies like CommerceIQ are making it easier for the retail industry to transform their digital operations

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Cloud Stocks: Analysis of Snowflake’s Streamlit Acquisition

Posted on Tuesday, Apr 26th

According to a recent report, the global Data Warehouse as a Service Market is estimated to grow at 25% CAGR to reach $7.69 billion by 2028. The growth is driven by increasing investments in machine learning and artificial intelligence along with BYOD services. San Mateo-based Snowflake is a leading data warehouse solution provider that is

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Sumo Logic Focuses on the Digital Gaming Industry

Posted on Monday, Apr 25th

          According to a recent report, the global big data analytics market is expected to grow at 13% CAGR to reach $549.73 billion by 2028 from $231.43 billion in 2021. Redwood City-based Sumo Logic (NASDAQ: SUMO) is meeting this growing demand by improving its product offerings and expanding its use cases in the gaming industry.

Cloud Stocks: Analysis of IBM’s Neudesic Acquisition

Posted on Friday, Apr 22nd

IBM (NYSE: IBM) recently announced its first-quarter results that continued to outpace market expectations. The company remains focused on growing through acquisitions as it added another private player to its portfolio. IBM’s performance had been declining for a while, but it appears to have made a rebound with the company delivering three straight quarters of

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Cloud Stocks: Analysis of BlackLine’s FourQ Systems Acquisition

Posted on Thursday, Apr 21st

According to a recent report, the global accounting software market is set to grow at 9.64% CAGR from $7.04 billion in 2021. Recently, financial software provider, BlackLine (NASDAQ: BL) announced its quarterly results that surpassed market expectations.

Cloud Stocks: Analysis of Fastly’s Fanout Acquisition

Posted on Wednesday, Apr 20th

According to a recent report, the content delivery network (CDN) market was estimated at $11.76 billion in 2020 and is expected to grow 27% annually to reach $49.61 billion by 2026. Fastly (NYSE: FSLY) recently reported its quarterly results that surpassed the market’s expectations.

When is Unicorn Bloomreach Going Public?

Posted on Tuesday, Apr 19th

According to a recent report, US retail eCommerce sales grew 16% to $1.06 trillion in 2022 and is expected to grow to $2.4 trillion by 2025. The recent pandemic has accelerated the shift to e-commerce, and companies like Bloomreach are helping marketers reach this fast-growing market.

Cloud Stocks: Tuya Struggles Amid Macro Economic Conditions

Posted on Monday, Apr 18th

According to a recent report, the global Internet of Things (IoT) market is estimated to grow at 25% CAGR to reach $1.84 trillion by 2028 from $310 billion in 2020. China’s Tuya (NYSE: TUYA) is a leading player in the market that went public last year. Tuya has had a tough run in the stock

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