Cloud Stocks: Rapid7 Targets $1B ARR by 2025

Rapid7 (NASDAQ:RPD), a leading provider of security analytics and automation, recently announced its long-term plans. The company is targeting an annual revenue run rate of more than $1 billion by 2025. It is looking to acquisitions and partnerships to help drive this significant growth.

Cloud Stocks: Cloud and Platform Expansion Continues at Nutanix

Recently enterprise cloud computing player Nutanix (Nasdaq: NTNX), reported its second quarter results that surpassed market expectations. The market was pleased with its performance and the stock climbed 5% in the after-hours trading session.

Cloud Stocks: MongoDB has Huge Room to Grow in $97B Market

Database-as-a-Service (DBaaS) provider MongoDB (Nasdaq: MDB) recently reported its fourth quarter results that surpassed market expectations. MongoDB continues to rely on an expanding partner network and product upgrades to drive market growth.

Cloud Stocks: Smartsheet Focuses on Partners, and not on ISVs

According to a research by Adroit Market Research, the global enterprise collaboration software market is estimated to grow to $45 billion by 2025. Smartsheet (NYSE: SMAR), a leading provider of these services, is seeing strong demand for its products. The recent pandemic-induced virtual working conditions have accelerated the adoption of these technologies.

DataStax Needs a Better Positioning in Database-as-a-Service Market

According to a recent report, the global Cloud Database and Database-as-a-Service (DBaaS) market was valued at $10.37 billion in 2019 and is expected to grow at 15.7% CAGR through 2026. DBaaS is a high growth industry and boasts of players like Oracle, MongoDB, AWS, Google, and SAP. DataStax is a niche player in the industry

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Cloud Stocks: Teradata Trying to Reinvent Itself on the Cloud

According to a Market Research Future report, the global big data analytics market is estimated to grow at 29% CAGR to $132.9 billion by 2026. Teradata (NASDAQ: TDC) is an old player in the market that is trying to reinvent itself on the cloud. The company recently announced its fourth quarter results that shows declining

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Cloud Stocks: Okta Targets $25B Customer Identity Market with Acquisition

According to a recent Fortune Business Insights report, the global identity access management (IAM) market is estimated to grow to $24.76 billion by 2026 at a CAGR of over 13%. Corporate identity management services provider Okta (NASDAQ: OKTA) recently announced its quarterly results that surpassed market expectations. Okta also recently made its biggest acquisition, as

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Cloud Stocks: BlackLine is Targeting A/R Automation Market

According to a recent Comserve report, the global accounts receivable (A/R) automation market is estimated to grow at 12.7% CAGR over 2020 to 2025. The current pandemic has accelerated the need for an efficient A/R collections process as the A/R management is critical in helping businesses complete their order-to-cash process. BlackLine (NASDAQ: BL) is leveraging

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