A Year Since Listing Zuora Struggles to Scale

According to a Zion market research report, the global subscription and billing management software market is estimated to grow 15.5% annually to $10.5 billion by 2025 from $3.8 billion in 2018. San Mateo-based Zuora owns 6% of the market and is looking to expand its presence. But the recently reported financial results were disappointing as the company struggles to meet the market’s expectations.

Featured Videos

Everbridge Proves its Mettle

Emergency notifications provider Everbridge (Nasdaq: EVBG) has recently announced that it has been awarded the contract for deploying Australia’s national early warning system. This news coupled with a strong first quarter has seen its stock soar to all-time high levels. Its valuation has soared almost ten times since its IPO in 2016.

Wix Remains Focused on the Small and Medium Businesses

According to IBIS World Research, US-based web design services industry is expected to grow 6.6% annually to $38.3 billion by the end of 2019. Israel-based Wix (Nasdaq:WIX) recently announced its first quarter results that failed to meet the market’s expectations. But the better than expected outlook helped keep the stock soaring.

Guidewire Counts on Platform Partners for Growth

According to a research report published earlier this year, the global SaaS market is estimated to grow 21% annually over the period 2018 through 2023. The growth in the market is expected to be driven by banking, financial services, and the insurance sectors. Insurance services provider Guidewire Software (NYSE: GWRE) is benefiting from this high growth trend.

Cloud Stocks: Zoom is Not Bothered by Cisco or Microsoft

According to a Grand View Market Research report, the global video conferencing market is estimated to grow 9% annually through to 2025 from $3.4 billion in 2017. Zoom Video Communications (Nasdaq: ZM) is a strong performer in the industry as was evident from their recent quarterly results.

Cloud Stocks: How Will Cloudera Address the Competition?

Hadoop services provider Cloudera (NYSE: CLDR) has been trying different strategies to continue to stay relevant. As part of this effort, it completed the $5.2 billion merger with Hortonworks earlier this year. The stock has fallen by 65% since the start of the year, and there doesn’t appear to be any respite in sight. The recently announced exit of its CEO did not help alleviate the market’s concerns either.

Cloud Stocks: Is Slack Overvalued?

Enterprise collaboration startup Slack went public last month on the NYSE under the ticker WORK. Rather than the usual IPO route, the company went public via a direct listing, similar to Spotify’s listing last year. The direct listing allows Slack to trade its shares publicly without the usual lock-in periods 90 or 180 days. Its valuation initially popped and early investors and executives reportedly sold stock worth $592 million.

MongoDB Banks on Partnerships and Acquisitions for Growth

According to a Market Research Future report, the global cloud database market is estimated to grow at a tremendous CAGR of 47% to reach $21.67 billion by the year 2023. Last month, cloud Database-as-a-Service provider MongoDB (Nasdaq:MDB) announced its first quarter results that surpassed all market expectations.

Cloud Stocks: Adobe Leveraging Magento and Marketo to Deliver Blockbuster Performance

Adobe (Nasdaq: ADBE) is one company that has truly pivoted itself to adapt to the modern subscription economy. The transition has benefited the company significantly. Since 2015, it has reported more than 20% year-on-year revenue growth for each quarter. It is also the eighth consecutive quarter that the stock has delivered double digit growth. And with the current initiatives, it doesn’t look like the growth is slowing down.

The Trade Desk Counts on International Markets

According to an eMarketer report, the global digital advertising market is estimated to grow 18% to $333.25 billion in 2019 and reach $517.5 billion by 2023. Digital advertising is expected to account for over 60% of the global advertising market by 2023. Online advertising marketplace The Trade Desk (Nasdaq: TTD) recently announced its first quarter results that outpaced market expectations, and the company shows no signs of slowing growth.