2017 IPO Prospects: Switch Files to go Public

According to a report by TechNavio, the global data center market is projected to grow 11% annually over the next three year period. The growth is attributed to rising digitization and cloud computing among organizations, which is driving the need for higher computational power. Switch is a technology infrastructure company powering the sustainable growth of the connected world and the Internet of Everything.

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India’s OYO Rooms Gets Heavy on Funding

According to a report by Transparency Market Research, the global market for hotels is projected to grow to $703 billion by 2021 from $534 billion in 2014 driven by the proliferation and surging popularity of budget hotels among the growing youth population. Cashing in on this trend is India’s hotel aggregator OYO Rooms. >>>

Oracle Shifting Gears to Hold Amazon RedShift in its Tracks

Oracle (NYSE: ORCL) recently reported its first quarter results that sent its stock tumbling. Its disappointing earnings forecast caused its stock to fall 8% in a day, making it the worst performing stock on the S&P index in the day, and also marking it as the worst day the stock had in the past four years.

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Billion Dollar Unicorn: Rocket Lab Launches into the Unicorn Club

According to a report by the Space Foundation, the global space market was worth $329 billion in 2016 with commercial space activities accounting for 76% of the spend. Los Angeles-based Rocket Lab is a new entrant to the Billion Dollar Unicorn club within the space industry.

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2017 IPO Prospects: MongoDB Files Confidentially

According to a MarketsandMarkets report, the global Big Data market is projected to grow from $28.65 billion in 2016 to $66.79 billion by 2021. That translates to an annual growth rate of more than 18% over the projected five-year period. The growth in the industry is helping drive expansion in emerging non-row and column-based databases – the NoSQL databases. Earlier this month Billion Dollar Unicorn club member MongoDB, a big player in the NoSQL database market, confidentially filed to go public.

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Billion Dollar Unicorns: Valuation for Unity Technologies Keeps Soaring

According to a recent report by Newzoo, the global games market is expected to grow 7.8% and generate $108.9 billion from 2.2 billion gamers in 2017. Digital game revenues are expected to grow to $94.4 billion with mobile gaming growing 19% over the year to $46.1 billion. PC and console game markets are expected to generate $29.4 billion and $33.5 billion, respectively. By 2020, mobile gaming will account for more than half of the total games market. Billion Dollar Unicorn player Unity Technologies is delivering strong game line-ups to meet these growth projections.
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Indian Online Classifieds Startup Quikr Expanding Quickly

According to a KPMG report published in 2016, the Indian online classifieds industry is projected to grow from $0.5 billion to $1.2 billion by 2020 at a CAGR of 22% driven by rapid growth of the e-services, real estate, and automobiles verticals. Quikr is a leader in this industry and also one of the most heavily funded startups in India. >>>

Cloudera Makes a Comeback

Big Data vendor and Billion Dollar Unicorn club member Cloudera (NYSE: CLDR) went public earlier this year. Earlier this summer, the company announced its first quarter results after it went public. But the earnings miss did not please the market and the stock fell nearly 30%. Tables appear to have turned with the second quarter as the company surpassed market expectations and the stock is back on the rise.
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Billion Dollar Unicorns: Fanatics now Eyeing Asia

According to a report by Transparency Market Research published last year, the global licensed sports merchandise market is estimated to grow 6.4% annually from $27.63 billion in 2015 to $48.17 billion by 2024. The market is expected to be dominated by the sports apparel segment, which accounts for nearly 40% of the market. Billion Dollar Unicorn player Fanatics is making significant strides in this market.

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Billion Dollar Unicorns: Nutanix Making a Comeback

Till earlier this year, there was concern if hyperconverged storage provider Nutanix (NASDAQ: NTNX) could manage to sustain its Billion Dollar Unicorn status. But recent quarterly results and its strategic moves suggest that the company may be back on track.

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