Just when the market thought that all was lost for BlackBerry, Blackberry delivers a quarter that was better than market expectations, and the company claims that the worst is over and they are all set on the road to recovery. Really?
The $19 billion WhatsApp acquisition by Facebook attracted a lot of interest in the mobile messaging industry. According to a Canalys report for November 2013, WhatsApp was the leader among cross-platform social mobile messaging apps. But it appears that WhatsApp now has a bigger Made-in-China giant to compete with.
New age companies like Uber and Lyft have transformed the way standard cab services operate in a region. Airbnb is trying to deliver a similar transformation for the hotel industry. The service is attracting some high profile users with Warren Buffett encouraging people to use Airbnb as a staying option. Recent reports also reveal that Airbnb is gradually becoming more prominent on business expense reports.
According to a recent Gartner report, the worldwide market for business intelligence and analytics software is estimated to have grown 8% last year to $14.37 billion while a recent IDC report expects the Big Data technology and services market to reach $32.4 billion in 2017. Gartner believes that the market would have grown faster but for challenging macro-economic conditions leading to flat IT budgets. Within the market, analytic applications and performance management solutions’ segment grew 5.8% to $2 billion and advanced analytics reported the fastest growth at 12.5% to $1.08 billion.
Last year, after seeing the growth of alternative cab type services being provided by several companies, the California Public Utilities Commission created a new category of utilities – Transportation Network Companies. A transportation network company was defined as a company that uses an online platform to offer ridesharing services by connecting passengers with drivers.
The online photo printing market may be growing at an annual growth rate of 14.5%, but that has not helped leading players like Shutterfly (Nasdaq: SFLY) deliver strong financial results. After reporting continuing losses, it appears that the company’s management is now on the lookout for buyers.
New York-based BuzzFeed is a content discovery platform that integrates content-driven publishing technology with social media tools. Their platform provides users with access to breaking news and original content, including videos, across the social web. Here is a brief look into BuzzFeed’s performance so far. >>>
Cloud computing, Big Data, mobility management, and collaboration are key priorities in enterprise IT trends these days. An IDC report estimates that by the year 2017, the number of mobile internet users will increase from 1.4 billion in 2013 to 2.3 billion. Within the cloud, Gartner estimates that enterprise spending will increase from $132 billion in 2013 to $244 billion by 2017. Another report from IDC estimates that the volume of data generated will increase 200 times over the period 2005 to 2020.
According to a report by Content Marketing Institute, 93% of B2B marketers used content marketing techniques in 2013 compared with 91% in 2012. The research reveals that 73% of B2B content marketers are producing more content in 2014 than they did a year ago. The report also projects that 58% of B2B marketers were planning to increase their content marketing budget in 2014.
It isn’t very often that one hears of a Latin American company listing on the NYSE. Last month, Argentina-based Globant went public on the NYSE, becoming the first Latin American Software Services company to list on the exchange. Initial stock price movement suggests that the listing has been received positively by the market.