Alphabet (Nasdaq: GOOG), previously known as Google, reported stellar results last week. The market was pleased with the performance and helped drive Google to a valuation higher than Apple. Not for long though. More recent management changes have hurt the company and the stock price has fallen some. Apple has the crown back for now.
After four consecutive quarters of good results, analysts sent Amazon’s (Nasdaq: AMZN) stock down in the dumps. Last week, the company reported disappointing results for the quarter and the outlook wasn’t impressive either.
The saturation in the maturing smartphone industry coupled with currency fluctuations and macroeconomic challenges is finally weighing down on Apple’s results. For the first time since it launched the iPhone, Apple is expecting a decline in its revenue. >>>
According to an IDC report, the enterprise social networks and collaboration market is estimated to grow $800 million to $4.5 billion by 2016. The growth in the market is due to the continued benefits that organizations are seeing in terms of improved utilization of resources through better employee productivity and communication. >>>
According to a MarketsandMarkets report, the global customer experience management market is estimated to be worth $4.36 billion in 2015. The market is expected to grow 20% annually over the next five years to be worth $10.77 billion by 2020. The growth in the market is driven by the increasing adoption of newer channels such as mobile devices, social media, and other digital platforms that the customers are using to connect with brands.
Microsoft (Nasdaq: MSFT) has figured out the key to success. Satya Nadella’s focus on the cloud has helped the company deliver stunning quarterly results for the last few quarters. The latest quarter was no exception.
According to Gartner, the Infrastructure as a Service market is expected to grow 38.4% in 2016 to reach $22.4 billion. Billion Dollar Unicorn club member and hyperconverged storage provider Nutanix has recently filed to go public with plans to raise $200 million. >>>
A MarketsandMarkets report estimates the advanced analytics market to be worth $7.04 billion in 2014. The market is expected to grow 33% annually to $29.53 billion by the year 2019. The advanced analytics market includes analysis of all kinds of data using sophisticated quantitative methods such as statistics, predictive and descriptive data mining, visualization, and optimization for forecasting.
According to a MarketsandMarkets report, the Identity and Access Management (IAM) market is estimated to grow 15% annually over the period 2014 through 2019 to be worth $18.30 billion in 2019. North America is expected to be the biggest market in terms of revenue contribution but emerging economies of Asia-Pacific (APAC) and Middle East and Africa (MEA) are expected to deliver higher growth rates during the coming years.
According to a 2014 study by InsideSales.com on sales acceleration technology, the US market is estimated to grow from $12.8 billion in 2014 to more than $30 billion by 2017. The report estimates the market to have grown 40% in 2015. According to another study on the European market, European businesses are spending nearly $6,590 per sales rep per year on sales acceleration technology compared with $2,280 per rep per year spent in the US.