Cloud Stocks: MongoDB’s Formula for Success

According to a recent Research and Markets report, the global cloud database and DBaaS market is projected to grow 69% to $320.3 billion by the year 2025. MongoDB, (Nasdaq:MDB) a leading player in the market, recently announced its second quarter results that surpassed the market’s expectations.

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Cloud Stocks: Activist Investor Drives Market Interest in Box

According to a recent report published by Allied Market Research, the global cloud storage market is estimated to grow 25% annually over the next few years to reach $97.4 billion by 2022. Box (NYSE: BOX) is driving towards this growth through continued product innovation and market tie-ups.

Cloud Stocks: Anaplan Makes its First Acquisition Post IPO

Since its IPO in October last year, cloud-based enterprise planning services provider Anaplan (NYSE:PLAN) has delivered robust growth. Last month, Anaplan announced its second quarterly results that surpassed market expectations and sent the stock soaring.

Cloud Stocks: The Market Expects a Lot More from Adobe

Earlier this week Adobe (Nasdaq: ADBE) reported its quarterly results that outpaced market expectations. But a weak outlook failed to impress the market and its stock fell 3% post result announcement.

Model N Looks to the Cloud

According to a recent research report, the global revenue management market is estimated to grow 17% annually to $31 billion by the year 2025. Model N (NYSE: MODN) is a leading player in the industry that has focused its efforts on certain key verticals. Its commitment to the verticals helped it survive the dot-com bubble. The company has recently been transitioning to the cloud, and initial results are well liked by the market.

Cloud Stocks: Blackbaud Acquires YourCause to Grow Addressable Market

According to a survey by NetChange on technology use by the not-for-profit sector, only a modest 11% of the nonprofit organizations feel that their approach to digital technology is effective. Nonprofits need specialized consulting, direction, and, at times, tools to manage their businesses effectively. Blackbaud (Nasdaq: BLKB) is one player who has remained focused on helping nonprofits reap the benefits of cloud technology.

Cloud Stocks: Oracle Brags About Autonomous Database

Oracle (NYSE: ORCL) recently announced its first quarter results and the market is not at all impressed. The continued slowdown of revenue growth in the past few quarters coupled with the news that its co-CEO Mark Hurd was taking an indefinite leave of absence due to an illness did not go down well with the market. The stock fell nearly 5% following the result announcement.

Zscaler Punished for Weak Outlook

According to a Grand View Research report published earlier this year, the global cyber security market is estimated to grow 10% annually to reach $300.32 billion by 2025 from $139.67 billion in 2017. Enterprise cloud security company Zscaler (NASDAQ: ZS) beat analyst estimates for the fourth quarter but its weak outlook for FY2020 sent its stock tumbling.

Cloud Stocks: DocuSign Focuses on the Mortgage Sector

According to an Allied Market Research report, the global digital signature market is estimated to grow 30% annually over the next few years to reach $3.44 billion by 2022. DocuSign (Nasdaq: DOCU), a leading player in the segment, recently announced its quarterly performance that missed the market expectations. However, it made up for it by announcing a stellar outlook that sent the stock soaring.

Cloud Stocks: Palo Alto Networks Targets the IoT Security Market

According to a Grand View Research report published earlier this year, the global cyber security market is estimated to grow 10% annually to reach $300.32 billion by 2025 from $139.67 billion in 2017. Leading player Palo Alto Networks (NYSE:PANW) recently announced its fourth quarter results.