A few years ago, Xiaomi was the most valued Billion Dollar Unicorn at $46 billion before Uber took away that crown. It now plans to go public this year in what could be the biggest tech float. >>>
Facebook (Nasdaq: FB) recently celebrated its fourteenth anniversary amid much controversy. While it continues to outpace market expectations on all financial fronts, the social pressure on the company is mounting. Several groups and leaders have come forward demanding that tech companies like Facebook do something about the growing tech addiction that is plaguing the youth of today. In fact, not just youth. Facebook addiction is a pervasive phenomenon in modern society, and not a healthy one. Facebook has become the modern-day cigarette.
The recent change in the tax code has created quite a stir among tech giants. Apple (Nasdaq: AAPL) is setting a phenomenal example by announcing plans to bring its overseas cash pile back into the country. That should spell good news for investment in the US.
When Satya Nadella took over as the CEO of Microsoft (Nasdaq: MSFT), he had defined his focus on emerging technologies, especially the Cloud. His focus on the segment has stood Microsoft in good stead. The company continues to outpace market expectations on all fronts. And, there is no holding back. Microsoft keeps adding companies to bolster its cloud offering and is slowly, but steadily, gaining market share. >>>
Amazon (NASDAQ: AMZN) last week reported its fourth quarter results, which yet again surpassed all estimates. Its unsurpassed excellence in e-commerce as well as the cloud keeps it in perpetual high gear. The most exciting news from the company, however, is that Amazon is getting into the health insurance business. >>>
Alphabet (Nasdaq: GOOG) recently announced its fourth quarter results, which relayed mixed signals. Alphabet’s Google has long been synonymous with search, but now its bets beyond search are paying off. However, there are also serious societal and ethical questions coming into focus that cast a shadow over the company and its peers, especially Facebook and Apple. >>>
According to Statista, the digital media market is expected to grow from $38.06 billion in 2018 to $42.56 billion by the year 2022. Recently, Chinese content aggregator ByteDance shot into prominence with its acquisition announcement. The Billion Dollar Unicorn club member is also expected to list this year.
Analysts estimate that there are more than 2 billion websites on the Internet today. Most of these websites need a content management system (CMS) platform. The CMS market is dominated by WordPress, which accounts for a 60% market share. The distant runner in the industry is Joomla, followed by Drupal. Billion Dollar Unicorn player Acquia is a leading supporter of the Drupal platform.
According to a Market Insider report, the global e-signature market is expected to grow 35% annually to $9.07 billion by the year 2023 driven by the increased adoption of security procedures coupled with government and organizational focus towards paperless offices. Billion Dollar Unicorn player DocuSign is a leading player in the segment, that many expect, is ready to list soon.
According to Gartner, more than 80% of software providers will have migrated to a subscription-based business model by the year 2020. Another research estimates the global subscription economy for the SaaS industry to be a $100 billion market opportunity by 2020. But not all companies were set up with the complications of a subscription-based billing model in mind. Mountain View, California–based Zuora, a Billion Dollar Unicorn is helping companies migrate to this model.