Cloud Stocks: Time For Skepticism with Netflix

Netflix (Nasdaq: NFLX) has had a tumultuous year so far. The stock has lost nearly 20% of its value since the beginning of the year. Increasing competition from rival and upcoming players in the streaming space are raise concerns over Netflix’s ability to keep growing, especially in the domestic market.

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Atlassian Acquires Again From App Marketplace

According to a recent MarketsandMarkets report, the global enterprise collaboration market size is projected to grow from $31 billion in 2019 to $48.1 billion by 2024 at a CAGR of 9.2%. Billion Dollar Unicorn Atlassian (Nasdaq: TEAM) is a leading service provider in this market, which recently reported first quarter results that just about beat estimates.

Cloud Stocks: IBM Banks on AI

Earlier this week, IBM (Nasdaq: IBM) declared its third quarter results that exceeded earnings expectations despite missing revenue estimates. The stock fell nearly 5% post the result announcement in the after-hours session.

Blackbaud – 1Mby1M Social Good Startup Challenge Launches

Blackbaud, the world’s leading cloud software company powering social good, and the One Million by One Million (1Mby1M) global virtual accelerator have come together to launch the Blackbaud – 1Mby1M Social Good Startup Challenge.

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AI Unicorn DataRobot Simplifies Data Modeling

According to a report by Research On Global Markets, the global machine learning market is expected to grow 48% annually to $19.4 billion by 2023. The growing adoption of IoT devices and of a connected business ecosystem is expected to drive data-powered decisions, thus fueling the requirement for machine learning technologies.

Icertis’ AI Platform Leads to Unicorn Status

According to a report by MGI Research, the total addressable market of contract lifecycle management companies is estimated to grow at a CAGR of 31% to $20 billion over the next five years. Bellevue, Washington-based Icertis is a leading player in the market that recently achieved a Unicorn status for its AI-based platform.

AI Unicorn Globality Alters B2B Procurement

According to a Market Research Future report, the global procurement software market is projected to grow at 10% CAGR to $10 billion by the year 2023. The integration of AI capabilities with procurement software is expected to help bring on significant developmental opportunities into the procurement software market.

Outreach Joins the AI Unicorn Club

According to a recent Salesforce survey, nearly half of all salespeople believe that AI is critical in guided selling capabilities. AI-driven sales engagement is a hot space and Outreach is one of the first unicorns from this field.

Unicorn InsideSales.com Leverages AI

According to a recent Market Research Future report, the global sales performance management market is estimated to grow at 16.6% CAGR to $9.34 billion by the year 2023. The growth is attributed to the increasing demand to build a metrics-driven sales tool and the need for driving channel effectiveness across industries. Utah-based InsideSales.com is a leading player in the market which is leveraging AI capabilities to deliver on these expectations.

AI Unicorn Uptake in No Hurry to List

According to a Markets and Markets report, the global predictive analytics market is expected to grow a 22% CAGR to reach $12.4 billion by 2022. The growth in the industry is attributed to availability of enormous volumes of data and the adoption of connected and integrated technologies. Chicago-based Uptake Technologies is an AI unicorn in this space.