Cloud Stocks: Analysis of MongoDB’s PaaS Strategy

Database as a Service provider MongoDB (Nasdaq: MDB) is continuing to see strong growth even amid the current conditions. The company recently reported its second quarter results that surpassed market expectations. It has been focusing the last quarter on releasing several product upgrades to help make database management easier for developers.

Cloud Stocks: Analysis of Anaplan’s PaaS Strategy

Cloud-based planning software provider Anaplan (NYSE:PLAN) recently reported a strong second quarter results that beat analyst estimates. In the current crisis, Anaplan is focusing on building a more robust planning community that will help it grow in the longer run.

Cloud Stocks: Analysis of Workday’s PaaS Strategy

SaaS-based enterprise services provider Workday (NASDAQ: WDAY) continues to deliver stellar results. For the recently reported quarter, the company outpaced all market expectations and its stock soared to record high levels. However, the recent market turmoil has impacted the stock.

Cloud Stocks: Analysis of Splunk’s PaaS Strategy

Big data player Splunk (NASDAQ: SPLK) continues to focus on its cloud bets. But the company is failing to deliver in the shorter term. It recently announced its second quarter results which failed to meet market expectations. Its outlook fell short as well, but its cloud metrics continue to impress the market.

Cloud Stocks: Palo Alto Continues to Acquire

The rising remote working trend is translating to an increased need for stronger security globally. Security players like Palo Alto Networks (NYSE:PANW) are benefitting from this transition as was evident in its quarterly performance. The company continues to acquire even in the current climate.

Cloud Stocks: Okta Expands Alliances to Attract Enterprises

The global work from home conditions have increased the need for IT teams to ensure higher safety and security of their digital assets. Corporate identity management software company Okta (NASDAQ: OKTA) is benefitting from this transition as was evident in its second quarter results.

Cloud Stocks: Analysis of Five9’s PaaS Strategy

The current conditions are turning out to be very favorable for cloud-based contact center companies like Five9 (Nasdaq: FIVN). Organizations are investing in digital transformation to manage workforce remotely and are recognizing the critical nature of business continuity plans for their contact centers. They are accepting that cloud solutions can meet this need better than

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Cloud Stocks: Intuit Continues to Acquire

Tax software provider Intuit (NASDAQ: INTU) recently announced its fourth-quarter earnings that surpassed market expectations. The company is continuing to build on its products internally and through acquisitions to drive growth.