Accenture Facing Margin Pressure

According to IBIS World Research, the Information Technology Consulting industry has grown 2.2% over the past four year period from 2009 through 2013. The research firm estimates that The IT Consulting industry was worth $337 billion in 2013, growing by a modest 1.2% over the year.

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Netflix Tests Price Increases Again

According to data from analytics firm Qwilt, Netflix (Nasdaq: NFLX)  accounts for 57.5% of all online video traffic compared with 52.5% last year. Analysts believe that Netflix can attribute  part of this success to the recent well-received launches of their home-produced shows such as House of Cards and Orange is the New Black.

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Lithium Technologies Delivers High Returns on Social CRM

The growth in social networking solutions is also infiltrating the CRM industry. According to a report by MarketsandMarkets, organizations are spending more money on improving their engagement initiatives with consumers. The research firm projects that social CRM market will grow 36.5% annually from $1.91 billion in 2013 to be worth $9.08 billion in 2018.

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Intel Diversifying into Wearable Devices

Recently published PC shipment reports by both Gartner and IDC suggests that the decline in the market may have finally stabilized. Worldwide PC shipments during the quarter fell 1.7% to 76.6 million compared with the 6.9% decline registered a quarter ago. Despite the stabilization, PC chip manufacturer Intel (Nasdaq: INTC) realizes the need to diversify operations. >>>

King’s IPO Failed to Deliver the Candy Crush Success

Tech stocks on stock exchanges have taken a beating recently. After reaching a high in March this year, the Nasdaq had fallen 7% as of last week. Not only are the older tech stocks like Facebook seeing their stock tumble, but the recent IPOs aren’t faring well either. It appears that investors are finally showing some caution when investing into companies that boast of high valuation but offer little or no profits.

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Google Expanding Offerings Through Acquisitions

eMarketer’s latest report on mobile advertising projects worldwide mobile internet ad spending to grow from $17.96 billion in 2013 to $94.91 billion by the year 2018. The mobile ad market is expected to grow 75% to $31.45 billion in 2014, but online giant Google  (NASDAQ: GOOGL) is seeing its market share slip. Last year, Google accounted for 49.3% of the mobile advertising market. That number is projected to drop to 46.8% in 2014 as Facebook ramps up its share from 17.5% to 21.7%.

Google is diversifying its efforts into revenues from alternate technology. Last week, they sold the wearable Google Glass to the public for a day and last quarter, they acquired connected device maker NestLabs as part of this move. During the recent quarter, Google continued to add to their portfolio through several acquisitions. >>>

Yahoo Needs To Show Financial Performance Now

According to an eMarketer report released late last year, US digital ad revenues are projected to grow from $42.58 billion in 2013 to $48.09 billion in 2014 and $53.36 billion by 2015. Google is expected to remain the market leader with its 39.9% share last year growing to 40.8% in 2014. Facebook is also building its share from 7.4% to 8.2% this year. But Yahoo (Nasdaq: YHOO), continues to slip and is expected to see its market share fall from 5.8% in 2013 to 5.4% in 2014 and 5.0% in 2015.

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Borderfree Helps American Retailers Expand Internationally

According to eMarketer’s latest report, worldwide business-to-consumer e-commerce is projected to grow 20.1% in 2014 to $1.5 trillion. The report estimates that this year, e-commerce sales from the Asia Pacific region will outpace the American market sales and account for $525.2 billion of the total market. North America’s e-commerce is expected to grow from $431 billion in 2013 to $482 billion this year.

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Q2 Holdings Helping Financial Institutions Move to the Cloud

According to IT Spending in Banking: A North American Perspective, a report published by Celent, US financial institutions were expected to spend nearly $48.9 billion on IT initiatives in 2013. The study found that of this spend, $11.4 billion would be incurred on new initiatives. Banks are increasing their presence online and the new initiative spend is going toward improving their capabilities for online, mobile, tablet, and other self-service capabilities.

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Globoforce Delays Their IPO Plans

According to a Gartner research report, an organization spends nearly 2% of its payroll cost on traditional employee recognition expenses. A study conducted by IDC in 2012 estimated that the North America employee recognition market will grow 8% annually over the period 2011 through 2016. The market was worth $22 billion in 2011 and was projected to reach $32 billion in 2016.

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