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

Read Full Article »

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

Read Full Article »

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

Read Full Article »

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

Read Full Article »

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

Read Full Article »

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

Read Full Article »

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.