Apptio Valuation Recovers After Post IPO Dip

According to a MarketsandMarkets report, the global cloud-based ITSM industry is expected to grow 15% annually over the next five years to be worth $8.78 billion in 2021. Bellevue, Washington-based Apptio (Nasdaq: APTI), which listed last year is trying to make its mark in this industry.

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Billion Dollar Unicorns: Veeva Systems Executes Systematically

According to Accenture, the invasion of cloud technologies is revolutionizing the life sciences industry in three key ways – personalization; use of external innovation and data sources in the development of new products; and in leveraging a global operating model. Pleasanton, California-based Veeva (NYSE: VEEV), a Billion Dollar Unicorn player in this market, is witnessing robust growth and delivering stellar performance.

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India’s SME Sector Remains Elusive for Tech Startups

Cracking the Indian small business market for technical products and services is an uphill battle. Yet, the opportunity for impacting the country, perhaps, is the greatest by creating significant technology adoption in the Indian SME sector. Cloud telephony service provider Knowlarity and Greytip are two of the very few companies to succeed somewhat in this space. >>>

2017 IPO Prospects: Domo Valuation Continues to Grow

According to MarketsandMarkets, the global BI market is estimated to grow at 9.5% CAGR from $17.1 billion to $26.9 billion by the year 2021. Domo is a Billion Dollar Unicorn in this space.

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2017 IPO Prospects: Profitable Zeta Global Waiting For The Stars to Align

A MarketsandMarkets report estimates the global marketing analytics software market to grow from $1.2 billion in 2014 to $2.1 billion by the year 2019. That translates to an annualized growth rate of nearly 12%. Serial entrepreneur David Steinberg’s latest initiative Zeta Interactive is one rapidly growing member in this space. The company appears to be getting ready to go public.

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Death by Overfunding: Jawbone Attempts Another Pivot

According to IDC, the overall wearables market grew 3.1% over the year in 3Q 2016 with total wearables shipments at 23 million. Basic wearables, which primarily comprised of fitness bands, accounted for 85% of the market and recorded double-digit growth. Smart wearables capable of running third party apps are expected to continue to struggle in the near term. Overall though, growth has fallen considerably from the more than 40% growth rates projected back in 2013. This slowdown in market pace has already translated to a significant devaluation of existing players.

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India’s First SaaS Product Unicorn: Druva Executes Steadily

Data protection solutions provider Druva was born in Pune but moved to Silicon Valley to create a global product company. It has been executing solidly and quietly without too much hype.  >>>

HortonWorks and Red Hat’s Cloud IaaS Focus Pays Off

According to a research by Zion Market Research, the global Hadoop market was worth $7.69 billion in 2016. It is estimated to grow 50% annually over the next five years to be worth $87.14 billion by 2022. Palo Alto-based Hortonworks (Nasdaq: HDP) used to be a Unicorn in the market till a few years ago. Over the past few years, its fumbled. But, things appear to be looking up for the company.

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Salesforce.com Now Counts on AI

Salesforce.com (NYSE: CRM) recently reported its quarter’s results that continued to outpace market expectations. It also revised its outlook upwards for the year. According to Piper Jaffray, the company is the “most attractive stock” in its universe. Latest IDC results showcase how Salesforce continues to take market share away from the likes of Oracle and SAP.  >>>

Square Appears to be Turning Around

Jack Dorsey did not inspire the market when he took on the leadership position at Square (NYSE: SQ). Analysts were worried that he wouldn’t be able to juggle both Twitter and Square at the same time. But, if the recent performance is an indicator, he does seem to have turned Square around for the better.

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