Lofty Valuations Continue With DropBox

According to a report by Research and Markets, the worldwide cloud storage market is projected to grow 40% annually over the five year period from $8.6 billion in 2013 to $47 billion in 2018. The growth is attributed to the rising creation of big data. North America remains the largest market for cloud services with 60% market share at $5.09 billion last year. It is projected to grow to $21.8 billion by the year 2018, growing at 33.8% annually.

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Why Does Evernote Need So Much Capital?

The one thing that most new-age mobile and Internet companies struggle to achieve is an effective monetization strategy. If recent valuations are to be believed, it is scary that a billion dollar plus valuation is no guarantee of a successful revenue model. Mountain View-based Evernote is one mobile app company that seems to have figured out how to deliver a revenue generating service.

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How Well Does Flipboard Monetize?

After Twitter’s IPO last year, the market has been abuzz with speculation of other Internet companies planning to list soon. One such player expected to go public is the news aggregating service, Flipboard, which continues to add to its content library to improve monetization efforts.

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MongoDB Aims For $10 Billion Valuation

The worldwide database market is estimated to be worth $30 billion and is dominated by Oracle. But there is a fast growing start-up that is eyeing the market and aspires to compete directly with the tech giant. MongoDB has defied the database row and column structure to deliver a product that “developers love.” As Oracle’s legacy relational database structure struggles to adapt to the growing availability of unstructured databases, MongoDB is quietly and rapidly expanding their market presence.

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Abundant Venture Capital Powers Glassdoor

According to recent reports by the Bureau of Labor (BLS), the unemployment rate in the country continues to go down. In September last year, over 126,000 nonfarm payroll jobs were added in the private sector in the country. Unemployment claims are down to their lowest since 2007 with unemployment rate for women falling to 6.7% in September and that for men at under 8%. With the job market improving, people can better afford to select the company they would like to work with. To help them with their search, many turn to online job reviews site, Glassdoor.

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Oracle Focuses on Digital Marketing

According to a Gartner report, by the year 2016, a majority of the enterprise IT spending will be on cloud offerings. Researcher IDC projects the current worldwide cloud services spend at $9.6 billion. The market is projected to grow 25% annually over the next five years. Most tech giants have recently been focusing their efforts on diversifying from hardware sales to software and cloud services. Oracle (Nasdaq: ORCL) is one such player who seems to be succeeding in its efforts to transform itself to a SaaS and cloud computing software focused organization.

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Disney Counting on International Growth

According to a PwC report on global entertainment, the consumer demand for entertainment and media (E&M) services is projected to grow 5.6% annually over the next five years to $2.2 trillion by 2017. Digital entertainment will be among the fastest growing media with growth rates of 11.9%. By region, there are eight markets of China, Brazil, India, Russia, Middle East and North Africa, Mexico, Indonesia, and Argentina that are projected to see the most growth, with their share rising from 12% in 2008 to 22% of the global E&M market by 2017. Entertainment services powerhouse, Disney, is gearing up to cater to these growing markets.

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Can Hulu Replicate the Success of Netflix?

Over the last year, online streaming player, Hulu, has toyed with several ideas for future growth. It had evaluated ideas ranging from becoming a publicly listed company to selling the business to other online players like Yahoo. But of late, the company has decided to stay independent and continue to invest in its own growth. Recently published reports suggest that the investment has paid off as Hulu has managed to deliver strong growth.

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Xoom Focuses on International Expansion

According to the World Bank, India is the largest market for inward remittances of funds. The country is expected to receive $71 billion in remittances this year. China is the second largest market with inward remittances expected at $60 billion. India’s remittances are projected to grow 9.4% annually to $85 billion by the year 2015.

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Accenture Continues to Grow Through Acquisitions

According to market researcher, Source Information Survey, the U.S. market for management consulting reported growth of 8.5% last year to $39.3 billion. This growth was driven by consulting services for marketing and sales, which grew 26% during this period, followed by operational improvement consulting business, which reported growth of 11.3%. IT consulting services market grew 10.1% during the year.

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