Oracle Takes On AWS Next

Nearly three years ago, tech giant, Oracle (NYSE: ORCL) began its transition toward the cloud. Since the change in gear, Oracle has seen both revenues and profits fall. Finally, it now appears that the worst is over. As Jefferies & Co. analyst John DiFucci puts it, the “clouds are clearing”.

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2017 IPO Prospects: Zuora Thinks it Will be a Good Time for an IPO

Over the past few years, the rise of cloud-based services has also resulted in the growth of a subscription economy. More and more enterprises are looking to transition from a traditional product sales model to a pay-as-you-go service relationship. Analysts estimate that global subscription economy will be a $100 billion market by 2020.

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Competition Heating up in Online Travel

According to a Phocuswright report, the total travel market is expected to reach over $400 billion in 2020. US online travel agents’ (OTA) market share will reach 41% by 2020. The online travel market has seen much consolidation over the years and the duopoly of Expedia and Priceline now dominates the industry. >>>

2017 IPO Prospects: Elevate Credit may Finally List this Year

A report published last year estimated the global consumer lending balances outstanding at the end of 2015 at $42.3 trillion, recording a growth of 3.3% since 2011. Within the sector, residential mortgage accounted for $32.9 trillion and non-mortgage consumer lending accounted for $7.5 trillion, excluding credit card loans and credit card balances of $1.8 trillion. Over the past few years, this non-mortgage lending industry has seen the emergence of newer, non-traditional banking institutions such as Lending Club, OnDeck, Prosper, and Elevate Credit. Elevate Credit is now looking to list on the stock market after delaying those plans for over two years.
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Billion Dollar Unicorns: MuleSoft Delivers Successful IPO

After years of mulling over the idea of going public, San Francisco-based Billion Dollar Unicorn player MuleSoft finally listed this month. It became the first enterprise software company to list this year and initial market reports show that the stock is holding up well.

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New Relic Cashes in on Cisco’s AppDynamics Acquisition

The recent acquisition of AppDynamics by Cisco has brought the application performance monitoring (APM) market to the forefront. According to IDC, the APM market was worth $2.6 billion in 2015. The market is led by Dynatrace with 15% share and New Relic (NYSE: NEWR) came in sixth with 6.2% market share. AppDynamics accounted for 5.5% market share. New Relic has traditionally focused on Tier II and Tier III applications for small and medium sized enterprises. But now, it appears to be changing gears.  >>>

Billion Dollar Unicorns: AppDynamics Sold Before IPO

A Gartner report estimates the IT operations market in 2016 to be a $23 billion industry. It also pegs the business intelligence and analytics market to be worth $17.1 billion. Together the two industries are estimated to grow 8% annually to $53.8 billion in 2020. Within the industry, the application performance monitoring market is seen as a $12 billion opportunity by Billion Dollar Unicorn player AppDynamics. It was looking to go public early this year at an estimated valuation of $1.9 billion. Then, in a sudden twist, it was acquired by Cisco for roughly twice the valuation at $3.7 billion.

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Adobe Rises to a 52-Week High

Adobe (Nasdaq: ADBE) has successfully transitioned its business to subscriptions over the past few years. Profits and revenues slumped in the initial transition period, but that phase is finally over. The company is now producing impressive growth. Last week, it reported its twelfth straight quarter of revenue growth driven by growth in its marketing cloud and digital media segments. >>>

Coupa Investors Want To See Profits

Last year, San Mateo-based Coupa (Nasdaq: COUP), a provider of cloud-based spend management firm, listed on the stock exchange. The market was pleased with the listing and it sent the stock soaring. But things haven’t looked so rosy since as investors begin to lose patience with its continued losses.

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Fumbling Snapdeal Looks to Woo Investors Back

A recent report by Worldpay projects India to be the world’s second largest e-commerce market by 2034. The Indian e-commerce market is estimated to grow to $63.7 billion by 2020 driven by increasing internet penetration. Internet users in the country are expected to grow from 350 million in 2016 to 600 million by 2020. But impressive market trends aren’t necessarily translating to improving market valuations for India’s e-commerce players. Plagued by a lack of profitability, they are seeing declining appeal, as investors start to look elsewhere.

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