Cloud Stocks: Analysis of Pure Storage’s Portworx Acquisition

According to a recent report, the global 3D NAND Flash Memory market size is projected to grow at 21% CAGR to $47.8 billion by 2026 from $15.54 billion in 2020. Mountain View-based Pure Storage (NYSE: PSTG) recently reported its third quarter results that surpassed market expectations. The company is transitioning to a subscription-based model for

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Cloud Stocks: nCino’s AI Products Help it Soar

Earlier this year, cloud-based FinTech company nCino (Nasdaq: NCNO) went public. nCino helps accelerate digital journeys for financial institutions across the globe and its recent AI-based products are helping its stock soar despite the current turbulent conditions.

Cloud Stocks: Adobe Acquires to Address Growing Market Opportunity

Adobe (NASDAQ: ADBE) recently reported its quarterly results that outpaced market expectations. The company continues to drive acquisitions and product innovations to address a $147 billion total addressable market opportunity.

MongoDB – Oracle’s Missed Opportunity

Database-as-a-Service provider MongoDB (Nasdaq: MDB) recently reported its third quarter results that surpassed market expectations. The stock gained 8% in reaction to the result announcement.

Cloud Stocks: Can Okta Keep the Momentum Going?

According to a recent report by Verified Market Research, the Global Identity and Access Management Market is estimated to grow at 13% CAGR from $11.8 billion in 2019 to reach $29.8 billion by 2027. The continuing global lockdown conditions and the adoption of cloud computing technologies are driving the stellar growth in the industry. Okta

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Qualys Should Focus on a PaaS Strategy

Earlier this month, cloud services security provider Qualys (Nasdaq: QLYS) announced its third quarter results that continued to impress the market. Qualys continues to invest in product development to gain bigger traction in the market.

Cloud Stocks: Palo Alto Networks Has Missed the Window to Buy Zscaler

According to a recent report, the global enterprise cyber security market size is estimated to grow 7% annually over the next few years to become a $177.5 billion industry. The industry was pegged at $107.8 billion last year. Security players like Palo Alto Networks (NYSE:PANW) and Zscaler (NASDAQ: ZS) are seeing significant growth in their

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Cloud Stocks: Veeva Sees Customer Momentum

According to a Research and Markets report, the global healthcare cloud computing market is expected to grow at 17% CAGR to $51.9 billion by 2024 as companies continue to adopt big data analytics and IoT in healthcare. Veeva (NYSE: VEEV) recently reported its quarterly results that continued to surpass all market expectations.