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Netflix Unlocks Growth in Lockdown

Posted on Monday, Jul 20th 2020

Competition was getting tough in the online streaming space, but the pandemic and lockdown has helped Netflix (NASDAQ: NFLX) surge ahead of its competitors. It reported a strong quarter but expects slower quarters ahead.

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Cloud Stocks: Dropbox Should Focus on PaaS

Posted on Friday, Jul 17th 2020

According to a recent research report, the global enterprise collaboration market is estimated to grow to $69.93 billion by 2024 at a CAGR of 15.23%. Remote working conditions will further accelerate this growth as organizations look to adopt collaboration tools for employee engagement, cost reduction, efficient project management, and knowledge management. Dropbox (Nasdaq: DBX) recently announced its first quarter results for the year where it reported its first ever net income for the quarter.

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Cloud Stocks: Guidewire Expands Cloud Offerings

Posted on Thursday, Jul 16th 2020

Last month, Guidewire Software (NYSE: GWRE), platform provider for insurance providers, announced its third quarter results. The company’s performance outpaced market expectations, driving the stock higher.

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Cloud Stocks: CrowdStrike Soars to Record Highs

Posted on Wednesday, Jul 15th 2020

A recent market report on endpoint security systems estimates the industry to grow at 6% CAGR to reach $18.6 billion by 2027. As organizations continue to operate under remote working conditions, there is an increased adoption of security services. Endpoint security players like CrowdStrike (NASDAQ: CRWD) are benefiting from this adoption.

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Cloud Stocks: Coupa Expands into Treasury Services

Posted on Tuesday, Jul 14th 2020

The recessionary economic conditions are driving organizations to invest in spend management solutions like those offered by San Mateo-based Coupa (Nasdaq: COUP). Coupa is also benefiting from its cloud-based model that helps in the current remote working conditions.

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Cloud Stocks: Slack Beefs up its Portfolio

Posted on Monday, Jul 13th 2020

The COVID-19 crisis has led to a rapid shift to working from home and a surge in the use of digital collaboration tools in the enterprise. Enterprise communication platform Slack (NYSE: WORK) last month reported a strong first quarter that beat estimates.

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Mimecast Focuses on Integration to Lure the Enterprise Segment

Posted on Friday, Jul 10th 2020

According to a recent Markets and Markets report, the global email encryption market in the post-COVID-19 scenario is projected to grow at 24% CAGR from $3.4 billion this year to $9.9 billion by 2025. The growth in the industry is attributed to increasing phishing and spam emails, stricter industry regulations, and government mandate for data protection. Mimecast (NASDAQ: MIME) is one of the leading players within the email security market that recently announced its fiscal year results.

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Cloud Stocks: Appian Focuses on RPA for Growth

Posted on Thursday, Jul 9th 2020

The global lockdown conditions have accelerated digital transformation journeys for organizations. Reston, Virginia-based Appian (NASDAQ: APPN) is among the leading players in the industry who is leveraging these conditions to drive growth.

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Medallia Looks to Verticalized Offerings and Acquisitions

Posted on Wednesday, Jul 8th 2020

According to a Grand View Research report published earlier this year, the global customer experience management market is expected to grow at 18% CAGR to reach $23.6 billion by 2027 driven by the continued adoption of digital technologies. Medallia (NYSE: MDLA) announced its fiscal first quarter results last month, but despite the optimistic industry outlook, the company failed to impress the market.

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Cornerstone onDemand Looks to Acquisition for Growth

Posted on Tuesday, Jul 7th 2020

According to a  Zion report, the global talent management software market is estimated to grow at 10% CAGR to reach $10.9 billion by 2025. The recent virus-driven pandemic would have changed those estimates. Cornerstone OnDemand (Nasdaq: CSOD) is one of the leading players in the sector which is witnessing the economic turbulence. Its latest quarterly results failed to impress the market.

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