ServiceNow Counting on AI and Natural Language for Growth

It has been a volatile time for the stock market this week. The Dow crashed more than 600 points earlier this week, erasing all of the gains made during the year. The market is concerned about a slowing economy and rising interest rates. Valuations for startups have been falling, and investor confidence appears to be shaking. It doesn’t help if companies don’t report a strong outlook for the coming quarters. The story was no different for ServiceNow (NYSE: NOW) that surpassed market expectations for the reported quarter but reported a weak billing outlook for the current quarter.

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Billion Dollar Unicorns: Dataminr Joins the Club

News rooms and studios don’t necessarily find out about breaking news through reporters. These days, a lot of them rely on real-time information discovery platforms such as the Billion Dollar Unicorn Dataminr.

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New Products and Tie-ups Help PayPal Grow

PayPal (NASDAQ: PYPL) recently reported its third quarter results that surpassed all market expectations as it continues to grow rapidly through strategic tie-ups and the launch of newer products.

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Billion Dollar Unicorns: Atlassian Prepares to Take on ServiceNow

According to a Research and Markets report, the global enterprise collaboration market is estimated to grow 11% annually over the next five years to $53.83 billion by 2023 from $31.74 billion in 2018. The market is dominated by large enterprises, but the growth in SME adoption is expected to grow at higher rate in the coming years as these companies move to SaaS-based technologies as well. A leading player in the market is Billion Dollar Unicorn Atlassian (Nasdaq: TEAM) that is growing fast to bring in over a billion dollars in annual revenue.

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Billion Dollar Unicorns: Indian B2B Marketplace Udaan Flies In

According to a 2016 report by Deloitte and the Confederation of Indian Industry, the B2B e-commerce market is expected to reach $700 billion by 2020 and is becoming a hot destination for venture capital. About $200 million was raised in 2017 for startups in the sector, up from $115 million in 2016 and $30 million in 2015. B2B e-commerce platform Udaan became one of the fastest startups to enter the Billion Dollar Unicorn Club after it recently raised $225 million. >>>

Why is Watson Failing to Deliver for IBM?

It has been a few years since IBM (Nasdaq: IBM) started talking about its turnaround strategy. Recently reported disappointing third quarter results have not pleased its investors. The market is losing patience, and the stock reported the biggest decline in the last four years, tumbling to early 2016 levels.

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Netflix Betting Big on India

After a rather weak second quarter earlier this summer, Netflix (Nasdaq: NFLX) restored faith amongst investors by delivering stellar third quarter results. The stock market is pleased with the performance as its stock soared 17% in the after-hours trading session.

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Billion Dollar Unicorns: WalkMe’s Enterprise Focus Pays Off

The rise of digital solutions has led to the creation of Digital Adoption Platforms (DAPs), which act as a guidance and navigation tool for organizations to help customers and employees understand next-generation digital tools. It helps drive adoption of digital solutions by improving individual performance on software applications. The platform was pioneered by San Francisco-based WalkMe, which recently entered the Billion Dollar Unicorn Club.

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Billion Dollar Unicorns: DocuSign Growing Through Acquisitions

After a long wait, Billion Dollar Unicorn  DocuSign (Nasdaq: DOCU), went public early this year. It recently announced its second quarter results that beat market expectations. But despite the upbeat outlook, its stock has taken a beating.

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Billion Dollar Unicorns: How will Paytm Navigate Rising Competition?

India’s digital payments market is expected to grow five times to reach $1 trillion by 2023. Following the acquisition of Flipkart, digital payment company Paytm has become the most valauble startup among Indian Billion Dollar Unicorns despite struggling with profitability.  >>>