Cloud Stocks: Analysis of Zscaler’s Recent Two Acquisitions

According to a recent research report, the global cyber security services market is expected to grow at 10% CAGR to reach $192.7 billion by 2028. Enterprise cloud security company Zscaler (NASDAQ: ZS) recently announced its plans to acquire two small cloud startups TrustDome and Smokescreen Technologies. Its recent quarterly results surpassed market expectations.

Cloud Stocks: Market Leader Tenable Leverages Acquisitions for Growth

According to an IDC report published last year, the global device vulnerability management market was worth $1.2 billion in 2019. Maryland-based Tenable (Nasdaq: TENB) was the leading player in the market with over 27% market share, followed by Qualys at 23% market share. The recent pandemic and global cyberattacks have increased the focus on cyber

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Cloud Stocks: DocuSign Sees Digital Signature Trends Here to Stay

Digital signature player DocuSign (Nasdaq: DOCU) recently announced its first quarter results that surpassed market expectations. According to a recent report, the global Digital Signature market is projected to grow at over 20% CAGR to reach $3.8 billion by 2027 from $1 billion in 2020. Many had believed that with the economy reopening, demand for

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Cloud Stocks: Five9’s Partnerships Translating to Product Innovations

According to a recent report, the Global Unified Communication as a Service (UCaaS) market is expected to grow 9.6% annually over the next few years to reach $26.2 billion by 2027. Five9 (Nasdaq: FIVN) recently announced its quarterly results that surpassed market expectations.

Cloud Stocks: Smartsheet Remains Focused on Integrations

According to a recent research report, the enterprise collaboration market is estimated to grow from $36.24 billion in 2020 at a CAGR of 11% annually. Smartsheet (Nasdaq: SMAR) is benefiting from this growth. It continues down its integration-based approach and recently announced several new enhancements to drive market growth.

Cloud Stocks: Analysis of Splunk’s TruStar Acquisition

Big data player Splunk (NASDAQ: SPLK) recently announced its first quarter results that surpassed market expectations. The company is continuing to expand its market presence through acquisitions.

Cloud Stocks: Okta Expanding Government Sector Capabilities

According to a recent research report, the global Identity Access Management market is estimated to grow at a CAGR of 15% from $12.3 billion in 2020 to $24.1 billion by 2025.The pandemic conditions have accelerated the growth in the market as organizations look to accelerate their digital transformation and improve their work from home capabilities.

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DigitalOcean Expands Container and Kubernetes Capabilities

Recently listed Digital Ocean (NYSE: DOCN) announced its first quarter results since it went public. The company continues to invest in expanding its containerized and Kubernetes offerings to grow market share.