What More Can RingCentral Add to its Platform?

A recently published Gartner Magic Quadrant report estimates that within the next three years, 90% of IT leaders will no longer purchase premises-based unified communications infrastructure, compared with nearly 50% in 2018. In the next three years, cloud-based communications offerings are expected to dominate the market due to their functionality, features, analytics, and dashboarding capabilities. The report puts RingCentral (NYSE:RNG) as the leader of this phenomenon.

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Okta Acquisition Spree Continues

Identity access management company Okta (Nasdaq: OKTA) recently announced stellar fourth quarter results. Its record performance for the quarter outpaced market expectations. However, the market wasn’t impressed with its weak earnings outlook and the stock fell 10% following the results.

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Best of Bootstrapping: Bootstrapped Basecamp Executes a No Nonsense Strategy

According to Industry Reports, Global Project Management Software Market is expected to grow from $2.3 billion in 2007 to $7 billion by 2026 at a CAGR of 14.93%. Basecamp is a mostly bootstrapped business that provides cloud-based project management and collaboration systems to small businesses. >>>

What is ShopClues’ New Strategy?

Gurugram-based e-commerce marketplace ShopClues has tightened its reins and trimmed its losses. In October 2018, ShopClues reportedly broke even at the unit-economics level. >>>

Cloud Stocks: A Look at Oracle’s 2018 M&A Activity

Earlier this month, Oracle (NYSE: ORCL) announced its third quarter results. The company outpaced market expectations for the quarter but the slowdown in its revenue growth is worrying. Despite the slowdown, Oracle is close to its 52-week high.  >>>

Best of Bootstrapping: Mailchimp Bootstraps to $600M Revenue

According to a Transparency Market Research report, the worldwide market for email marketing is expected to grow at a CAGR of 19.6% from $4.51 billion in 2016 to $22.16 billion by the end of 2025. Mailchimp is a bootstrapped business that provides email marketing services targeting small businesses. >>>

What Apps Would Add Fuel to Smartsheet’s PaaS Strategy?

According to a Research and Markets report, the global enterprise collaboration software market is estimated to grow at a CAGR of 11% from $31.7 billion in 2018 to $53.8 billion by 2023. Smartsheet (Nasdaq: SMAR), a leading player in the market recently announced its quarterly results that surpassed market expectations and sent the stock soaring to life high levels. >>>

Cloud Stocks: Adobe Delivers Via PaaS

Adobe (Nasdaq: ADBE) recently reported another stellar quarter that surpassed the market’s forecast. But the Street has come to expect a lot more from Adobe. Its outlook failed to impress the market and the stock fell 5% post result announcement. But Adobe continues to remain an impressive example of a turn-around done right as it continues to build its cloud, SaaS, and PaaS offerings.

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PaaS: Calling ALL PaaS Leaders

You may have read some of my writings on Platform-as-a-Service (PaaS), for example, on our blog, LinkedIn, or SeekingAlpha:

Cloud Stocks: SaaS Companies NEED PaaS Strategy
SaaS Companies: You Have An Unprecedented Opportunity

At 1Mby1M, we’re putting significant emphasis on PaaS for our community of SaaS entrepreneurs, with the observation that both customer acquisition and exits would come more naturally if they work within certain eco-systems to which they have strategic relevance.

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Fintech Startup Aye Finance Focuses on MSMEs

According to a Nasscom report, the Indian FinTech software market is expected to reach $2.4 billion by 2020. There are over 57 million micro and small enterprises in India. These enterprises are not just difficult to reach, but it is also difficult to gauge their creditworthiness. Aye Finance is a FinTech startup that is using technology to solve these challenges and provide loans to small businesses. >>>