Salesforce Reinforces that the Cloud is Just Fine

According to a Bernstein Research report, only 8% of the $1.6 trillion global IT spend is spent on cloud computing technologies. But cloud is the fastest growing segment within IT. The researcher claims that in 2015, $128 billion or 60% of IT spending growth was spent on cloud technologies. By 2018, it predicts that all of IT spending growth dollars will be attributed to the cloud. Recent results by Amazon and Microsoft have shown the importance of cloud technologies. Last week, Salesforce (NYSE: CRM) reported its quarterly results and outlook that continued to prove the dominance of cloud-based offerings. During the quarter, the company signed two nine-figure deals and more than six hundred seven-figure deals across multiple industries – translating to over $1.81 billion in quarterly sales. Clearly, there is no stopping this force.

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2016 IPO Prospects: Warby Parker Should Look Before Leaping

Amazon has conquered the e-commerce space, leaving little scope for smaller players to grow. It has been observed that only niche e-commerce players have somewhat managed to survive its onslaught. Online eyewear retailer Warby Parker is one such player. In fact, its storefront strategy to build brand awareness seems to have inspired even Amazon. >>>

IBM Keeps Buying in a Bid to Turnaround

IBM’s (NYSE: IBM) top line continued to decline in the last quarter. This was the fifteenth consecutive quarter since revenues have fallen. In a bid to change this trend, Big Blue is investing heavily in acquisitions especially in the hot segment of cloud computing. But first the numbers.

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2016 IPO Prospects: Zscaler Sets IPO as a Long-Term Goal

A recent report published by MarketsandMarkets estimates the Security-as-a-Service Market to grow from $3.12 billion in 2015 to $8.52 billion by the year 2020 at 22.2% annuallly over the next five years. The research firm expects the healthcare vertical to command the highest share of the market. Growth in the industry will continue to be driven by the increasing adoption of Bring Your Own Device (BYOD) among organizations and the need for organizations to shift from traditional security to advanced security to protect the critical assets from potential threats. San Jose-based Zscaler is looking to make its mark in this high growth market.

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eBay Floundering Again

After spinning off PayPal last year, the market was worried about eBay’s (Nasdaq: EBAY) ability to sustain sound performance. After a couple of quarters of impressive results, the market’s worries appear to have caught up with eBay. The recent results were unimpressive and concerns about its ability to deliver loom large again. >>>

2016 IPO Prospects: Snapchat Needs to Up Monetization ASAP

According to a recent eMarketer report, the global mobile phone messaging app user market was estimated to have grown 32% over the year to 1.4 billion users worldwide in 2015. The sector is dominated by Whatsapp, which recently announced a milestone membership of more than 1 billion active users, and Facebook Messenger – both of which have presence in more than 20 countries worldwide. By 2019, eMarketer expects this number to grow to 2.19 billion users.

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The Fall of Mighty Zenefits

A MarketsandMarkets report pegs the HCM market to be worth $17.5 billion by the year 2019. The market was estimated to be worth $10.96 billion in 2014, translating to an annualized growth of 9.8% over the five year period. But the high growth in the market has not been of much help to former Unicorn player Zenefits – a company that uses HCM applications to cross-sell insurance products.

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Netflix Investing Heavily to Add Subscribers

Netflix (Nasdaq: NFLX) appears to have hit a bit of a roadblock as it continues to grapple with a saturated domestic market. The company plans to address the issues through content and geography expansion. But all of that comes at a cost.

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ServiceNow A Collateral Damage?

Early this month when Tableau turned in a disappointing quarter, several cloud stocks took a hammering. ServiceNow (NYSE:NOW) was one of the cloud stocks to undergo a steep price decline of almost 40%. It lost almost $4 billion in value even after beating analyst’s revenue and earnings estimates and becoming the second cloud company to cross $1 billion in revenue. >>>

Facebook Will Continue to Rise

Facebook (Nasdaq: FB) recently turned twelve and what an exciting twelve years they have been. The company has constantly defied market speculation on its valuation and capabilities. When it went public in 2012, Facebook became the biggest ever tech IPO, surpassing Google’s listing price. And things haven’t stopped looking up since. The company is now planning to have more than 5 billion users by 2030. >>>