Cornerstone OnDemand Expands Product Line-up

According to a  360 Market Updates report, the global talent management software market is estimated to grow by $5.4 billion, at 11% CAGR through 2020-2024. The current pandemic has accelerated the adoption of mobile technologies within the industry. Players like Cornerstone OnDemand (Nasdaq: CSOD) are delivering new products and learning modules to help gain market share.

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McAfee Testing the Stock Markets Again

Earlier this week McAfee (Nasdaq: MCFE) reported its third quarter results that continued to surpass all market expectations. The recent cyber breach has been a boon to cyber security players. McAfee is also cashing in on the surge.

Databricks Should Open PaaS Up to Startup ISVs

According to an Adroit market research report, the data science platform market is estimated to grow $178 billion by the year 2025. Data science leverages advanced technologies such as machine learning and artificial intelligence to mine actionable insights from large data sources. Databricks is a unified data analytics solution provider that has seen tremendous growth in the past few years.

Cloud Stocks: Everbridge Widens Products and Partnerships

The current pandemic conditions coupled with other social issues in the country have resulted in businesses driving focus on business continuity. Emergency notifications provider Everbridge (Nasdaq: EVBG) is a provider of a Critical Event Management platform to study ad hoc data feeds and correlate threats with locations of assets and people to ensure a rapid and comprehensive incident assessment and remediation.

Cloud Stocks: CrowdStrike Gears up to Tackle Security Breach Concerns

According to a recent TechNavio report, the global endpoint security market is estimated to grow at 17% CAGR by $8.9 billion through the period 2020-2024. The recent cyber breach in the US, which impacted several federal organizations, will surely accelerate this growth even more. Endpoint security players like CrowdStrike (NASDAQ: CRWD) will see significant growth in the coming quarters as organizations beef up their security profile.

Cloud Stocks: Which SaaS Players Will Win in PaaS

At the end of 2020, I wrote Big Idea 2021: SaaS Companies Will Create 10 Million Jobs with the central thesis that SaaS players would evolve into PaaS to create deeper moats around their core market positions and gain access to the related force multiplier.

To recap on the assumptions:

• IF 1000 SaaS companies open up their platforms as a service, PaaS, as Salesforce.com does, by 2025
• IF each platform lets startups sell through its marketplace, as Salesforce.com does, by 2025
• IF each platform empowers 1000 startups to build on its stack by 2025

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Cloud Stocks: The Key to PagerDuty’s API Strategy

According to an Allied Market Research report, the global DevOps market is estimated to grow at 19% CAGR to $9.4 billion by 2023. San Francisco-based PagerDuty (NYSE: PD) recently announced its results that impressed the market. The company is counting on expanding its integration with Amazon and other tech services providers to gain a bigger share in the market.

Cloud Stocks: Lemonade and Root Disrupting the Insurance Industry

Insurance is one of the largest industries in the world. Property, casualty, and life insurance premiums amount for nearly $5 trillion globally, and account for 11% of the GDP in the United States. Given the regulations and the financial risks involved in the industry, most insurance players are large, enduring businesses. In the United States alone, 12 of the Fortune 100 companies are insurance companies, with an average age of about 125 years. But the industry is no longer immune to digital transformation. Lemonade (NYSE:LMND) and Root (NASDAQ: ROOT) are two InsureTech players that went public in 2020.

Cloud Stocks: Medallia Continues to Acquire

According to a Verified Research Market report, the global customer experience management market is expected to grow at 17% CAGR to $17.5 billion by 2027. Analysts believe that the increased demand for personalized experience by customers across different industries and the adoption of technological advancements within cloud, big data analytics and AI will help drive this growth. Medallia (NYSE: MDLA) announced its fiscal third quarter results last month and the company is leveraging acquisitions and integrations to meet the growing demand.

Cloud Stocks: Talend Focuses on Data Reliability

According to a recently published report, the global cloud integration software market is expected to grow at CAGR of 12% through 2020 – 2025. Open source integration software vendor Talend (Nasdaq: TLND) recently reported its third quarter results. The company is focusing on expanding its data trust solutions to ensure that its consumers have access to reliable data.