Cloud Stocks: Veeva Sets an Example, Transitions to a Public Benefit Corporation

According to a Technavio report, the global healthcare cloud computing market is estimated to grow by $25.5 billion or 23% CAGR over the period 2020-2024. Veeva (NYSE: VEEV) recently reported its fourth-quarter results that continued to surpass all market expectations. The company recently transformed into a Public Benefit Corporation, becoming the first public company ever

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Cloud Stocks: Splunk on the Right Track with Cloud and PaaS

Big data player Splunk (NASDAQ: SPLK) recently announced its fourth quarter results that surpassed market expectations. But as the company transitions from an on-premise to a subscription-based cloud software provider, its financials have suffered in the short-term. Revenues have declined year on year and margins remain elusive. But it has made the right moves so

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As Expected, Pure Storage Leveraging Portworx Acquisition Successfully

According to a recent report, the global NAND flash memory market is estimated to grow from $46.62 billion in 2020 to $85.36 billion by 2026 at a CAGR of over 11%. Mountain View-based Pure Storage (NYSE: PSTG) recently reported its fourth quarter results that surpassed market expectations.

Cloud Stocks: C3.ai Should Do ISV Focused PaaS

According to a recent report, the global enterprise AI software market is estimated to grow at 24% CAGR from $18 billion in 2020 to reach $44 billion by 2024. Tom Siebel’s C3.ai (NYSE: AI) is a recently listed player in this market, which announced its third quarter results that surpassed market’s expectations.

Cloud Stocks: Workday Drives Enterprise Use Cases Through PaaS, as Anaplan Taps Into Consultants

According to a recent report, the global cloud-based ERP market size is expected to grow from $45.3 billion in 2020 to $101.1 billion by 2025 at a CAGR of over 17%. SaaS-based enterprise services provider Workday (NASDAQ: WDAY) recently announced its fourth quarter results that continued to outpace market expectations.

Cloud Stocks: After Acquisitions, Five9 Focuses on Channel and Network Partnerships

According to a recent report, the global cloud-based contact center market is estimated to grow to $56.4 billion by 2028 from $11 billion in 2021 at a CAGR of over 22%. Five9 (Nasdaq: FIVN), a leading provider of cloud software for contact centers, is already witnessing strong growth and is upping its partner and product

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Cloud Stocks: Salesforce can Transform Slack PaaS, But Acquisition Still Pending

Salesforce (NYSE: CRM) recently announced its fiscal fourth-quarter results that surpassed market expectations. While the company continues to grow through acquisitions and product development, its weak earnings outlook for the current year sent the stock falling 5% in the after-hours session.

Cloud Stocks: Acquisitions and Product Upgrades are the Mantra for Palo Alto Networks

According to a recent market report, the global cyber security market is expected to expand 10% annually over the period 2020 to 2027. Security player Palo Alto Networks (NYSE:PANW) recently announced its milestone quarter where it crossed a billion dollar in revenues.