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Cloud Stocks: Paylocity Counts on Video

Posted on Tuesday, Sep 29th

According to an Adroit Market Research, the global Human Capital Management market is estimated to grow to $18 billion by the year 2025. Paylocity (Nasdaq: PCTY) recently announced its quarterly results that continued to surpass market expectations.

Billion Dollar Unicorns: Stripe Wants to Delay its IPO

Posted on Friday, Sep 25th

At the start of the year, analysts expected Stripe, the online payment processing service provider, to go public. Stripe, however, had denied any such plans despite continuing to add to its leadership portfolio. Given the current conditions though, that IPO listing may not be happening soon.

Cloud Stocks: SurveyMonkey’s PaaS Prospects

Posted on Thursday, Sep 24th

According to a recent Research and Market report, the global online survey software market is projected to grow at 13% CAGR to reach $10.162 billion by 2025 from $4.87 billion in 2019. SurveyMonkey (Nasdaq: SVMK) recently reported its second fiscal quarter results that surpassed all market expectations.

Cloud Stocks: Adobe’s Relentless Growth Continues

Posted on Wednesday, Sep 23rd

Adobe (NASDAQ: ADBE) recently reported its quarterly results that revealed record breaking performance. The company’s digital focus helped it deliver its best third quarter in its history despite the current pandemic conditions.

Cloud Stocks: Smartsheet Should Follow Atlassian’s Example

Posted on Tuesday, Sep 22nd

Enterprise collaboration solution provider Smartsheet (NYSE: SMAR) continues to deliver strong topline growth amid the current conditions. The company recently acquired Brandfolder to accelerate its efforts to digitize enterprise workflows.

Cloud Stocks: New Relic Product Upgrades Deliver Growth

Posted on Friday, Sep 18th

According to a recent report, the global Application Performance Management (APM) industry is expected to grow at 15% CAGR to reach $6.7 billion by 2025. New Relic (NYSE: NEWR) recently announced its quarterly results that mirrored these growth expectations.

RingCentral Continues to Add Partners and Products

Posted on Thursday, Sep 17th

According to a recent Fortune Business Insights report, the global Unified Communication-as-a-Service (UCaaS) market is projected to grow to $36.45 billion by 2026, growing at 10.5% CAGR from $16.73 billion in 2018. Earlier last month, RingCentral (NYSE:RNG), announced its second quarter results that outpaced market expectations.

Cloud Stocks: Analysis of Wix’s Platform Strategy

Posted on Wednesday, Sep 16th

Israel-based Wix.com (Nasdaq:WIX) which helps small businesses set up their websites has seen significant surge in its revenues as businesses have shifted rapidly to the digital solution. But the growth in revenues is not translating to significant growth in margins as the company is investing heavily in marketing initiatives.