Cloud Stocks: Smartsheet Focuses on App Integrations

According to a recent report, the global enterprise collaboration market is expected to grow at 14% CAGR from $47.74 billion in 2022 to $92.41 billion by 2027. Work management platform provider Smartsheet (Nasdaq: SMAR) recently announced its third quarter results that exceeded market estimates.

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Cloud Stocks: RingCentral Expands into Device as a Service

According to a recent report, the global Unified Communication as a Service (UCaaS) market is expected to grow at 14.5% CAGR to reach $85.7 billion by 2031. RingCentral (NYSE:RNG) recently announced its third quarter results that continued to surpass market expectations.

Cisco Strengthens 5G Strategy

Global networking solutions provider Cisco (Nasdaq: CSCO) reported quarterly results that outpaced market expectations. The company has been focused on diversifying to subscription-based services.

Cloud Stocks: Oracle’s Focus on Application Platforms Paying Off

Oracle (NYSE: ORCL) recently reported its second quarter results that surpassed market expectations. It remains focused on its platform to allow developers to expand their offerings.

Zscaler Targets Enterprise and Federal Sectors

Enterprise cloud security company Zscaler (NASDAQ: ZS) recently reported its first-quarter results that continued to outpace market expectations. It has been working on expanding its market reach by focusing on products geared toward the enterprise sector.

Cloud Stocks: Adobe Adds AI Capabilities to Creative Cloud

Adobe (NASDAQ: ADBE) recently reported its quarterly results that outpaced market expectations. The company continues to drive product innovations especially within its creative cloud segment to drive growth.

Cloud Stocks: DocuSign Focuses on Diversifying Portfolio

Recently eSignature player DocuSign (Nasdaq: DOCU) announced its third quarter results that surpassed market expectations. The company is looking to expand its use cases and diversify its product category to drive growth in the coming quarters.

Cloud Stocks: Veeva CRM will Move to Vault Platform

According to a recent report, the Global healthcare cloud computing market is expected to grow at 19% CAGR to reach $128.19 billion by 2028 from $32.44 Billion in 2020. Healthcare Cloud Computing Market player Veeva (NYSE: VEEV) recently announced its quarterly results that continued to surpass market expectations.

Cloud Stocks: Why is Salesforce Stock Down?

Salesforce (NYSE: CRM) recently announced its third-quarter results that outpaced market targets. Despite the strong results, the departure of its Co-CEO, Bret Taylor, and a decline in demand sent the stock falling 5%.

Cloud Stocks: Workday Focuses on Building Partner Ecosystem for Innovation

Despite the uncertain macro-economic conditions, enterprise services provider Workday (NASDAQ: WDAY) feels confident in its ability to deliver. It believes that its cloud-based finance and HR solutions are mission-critical to organizations, making Workday relatively resilient to economic conditions. Its recently announced third quarter results continued to surpass market expectations.