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.
An Infonetics research report reveals that the global network security appliance and software market was worth $1.8 billion in the fourth quarter of 2013. For the full year 2013, the total network security market grew 2.6% over the year to $6.4 billion. The market mainly comprises of integrated security products, which includes integrated security appliances, secure routers, SSL VPN gateways, and VPN and firewall software.
IBM’s (Nasdaq: IBM) recently reported quarter may have been disappointing, but Big Blue does not seem too concerned. After entering into an agreement with Apple, they recently announced the acquisition of Lighthouse Software. They seem to be going all guns blazing into the quarters to come.
Online games maker Zynga (Nasdaq: ZNGA) is still struggling to find its mojo. The recent result announcement did not bring any respite as the company’s stock tanked to a 52-week low figure driven by a failure to meet expectations. As the fad for its existing games wanes out, Zynga needs to come up with newer, addictive titles faster than it seems to be able to.
According to market reports, the growth in the global ERP and CRM markets is driven by the shift of the industry to the Cloud and Software-as-a-Solution-based offerings. According to a Gartner report, more than 40% of the sales last year in these two markets were SaaS-based. ERP market leader SAP is relying on leveraging their Cloud and HANA offerings to continue to dig deeper into the market.