IPOs 2021: DigitalOcean Goes Public with a Strong ISV PaaS Strategy

According to an IDC report, the global IaaS and PaaS market for individuals and organizations with less than 500 employees is expected to grow at 27% CAGR from $44.4 billion in 2020 to reach $115.5 billion by 2024. New York-based DigitalOcean (NYSE: DOCN) is a leading player in the segment that went public last week.

Cloud Stocks: Zoom Should Report Developer Ecosystem Metrics

It has been more than a year now since the world started working remotely. Online video conferencing services such as those offered by Zoom Video Communications (Nasdaq: ZM) have helped organizations and educational institutions globally manage these unprecedented working conditions. Zoom recently announced its quarterly results that continued to outpace market expectations.

Cloud Stocks: SolarWinds Attack Driving Zscaler’s Stellar Performance

Last year’s SolarWinds cyber-attack has been described as the largest and most sophisticated attack ever witnessed by the world. The supply chain attack infiltrated over 18,000 of SolarWinds customers including several US government agencies. The attack has resulted in an increased focus on deploying security capabilities, and enterprise cloud security provider Zscaler (NASDAQ: ZS) is

Read Full Article »

Cloud Stocks: Tenable Continues its Acquisition Spree

According to a recent report by Mordor Intelligence, the Security and Vulnerability Management Market is expected to grow from $6.61 billion in 2020 at 10% CAGR to reach $11.72 billion by 2026. Maryland-based Tenable (Nasdaq: TENB) is a leading player in the market that recently reported its stellar fourth quarter results.

Cloud Stocks: DocuSign Exploring Unprecedented Digital Signature Offerings

The global pandemic may have resulted in an emergency shift to remote working conditions, but after a year, these changes are now becoming more permanent. Organizations globally are continuing to invest in digital transformation initiatives and the digital signature industry is benefiting from this transition. DocuSign (NASDAQ: DOCU) recently announced its fourth quarter results that

Read Full Article »

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.