Apptio Taking Its Time To Go Public

According to Forrester, the technology business management (TBM) market is estimated to be worth $800 million this year. The TBM industry focuses on providing IT departments within an organization with tools that help manage operations more effectively and cost efficiently.

>>>

Featured Videos

Square IPO in 2014?

According to a recent Gartner report, worldwide mobile payment transactions are expected to grow 44% over the year to $235.4 billion this year. Gartner estimates the market to be worth $721 billion by 2017, translating to a compounded annual growth rate of 35% over 2012-2017. By 2017, more than 450 million users will conduct mobile payment transactions, compared with 245.2 million this year and 200.8 million last year. Growth will be driven by Asia Pacific countries, which will contribute $74 billion in transactions during the year. By 2016, the region should become the largest by transaction value at $165 billion.

>>>

Jive-ing the Public Market

According to an IDC report released for the previous year, the worldwide enterprise social market segment was led by IBM with revenues of $105.4 million from IBM Connections. IBM accounted for 13.7% of the market’s share. Jive Software (Nasdaq:JIVE) followed IBM at a distant second position with $65.3 million in revenues and 8.5% market share. Microsoft’s Yammer was a distant eighth with $22.3 million in revenues for the year. In a more recent report, IDC estimates the market to have grown 25% over the year to $1 billion in 2012 with IBM Connections maintaining its market leadership position for four years in a row. IDC estimates the market to continue to grow to $4.5 billion by 2016.

>>>

Tableau’s Strong IPO

Researcher Visiongain’s latest report, “World Big Data Market Opportunities 2013-2018: Converging Data Architectures,” estimates global big data market to be worth $12.4 billion this year. The researcher believes that deployment of big data technologies will continue to explode in the coming years as more and more enterprises of all sizes, small and big, begin to deal with it. Today nearly 80% of the enterprises in the developed world are investing some portion of their IT budgets in handling big data. Seattle-based Tableau Software is one player helping these organizations analyze their big data.

>>>

Shazam’s IPO Expected Soon

According to market reports, an average U.S. mobile phone user spends more than 127 minutes a day on mobile apps. Of that time, nearly 43% is spent on gaming apps, followed by 26% of the time being spent on social media apps like Facebook and Twitter. Entertainment apps, which include music and TV viewing, account for 10% of the time spent on mobile apps. Utilities account for the remaining 10% of time spent. Gartner expects the global mobile app industry to be worth $25 billion this year. The market is projected to grow to $46 billion by the year 2016.

>>>

Conduit – Another Billion-Dollar Valuation

According to a Gartner report, worldwide revenues from app downloads is expected to grow 62% this year to $25 billion. The growth in the mobile app market is driven by the increasing use of mobile devices globally. It is estimated that mobile consumers spend nearly two hours on an average each day with mobile apps.

>>>

Home Away’s Expanding Offerings

According to market reports, over the past few years, growth within the vacation rentals industry in the U.S. has outpaced growth of the hotel industry in the country. Studies conducted by the Vacation Rental Managers Association revealed that from August 2011 through August 2012, the vacation rental bookings market grew 30% compared with 3% growth within the hotel industry in the similar period. PhocusWright estimates the U.S. vacation rental industry was worth $85 billion last year, and it expects the market to continue to grow.

>>>

Model N’s IPO

According to Gartner in 2011, life science and technology companies worldwide spent an estimated $17.3 billion on software, consulting services, and internal IT personnel dedicated to sales support, marketing, and finance. For these companies, revenue management solutions are becoming a big part of IT spending. In a report published in 2009, IDC estimated that the absence of revenue life cycle management solutions for these companies caused a loss of more than $11 billion in annual revenues.

>>>

Angie’s List Stock Improves, But …

Things seem to be turning around for local business reviews site, Angie’s List (Nasdaq:ANGI). Recently, the company released their quarterly financials which managed to surpass market expectations. They attribute the success to an improving consumer economy. According to the U.S. Bureau of Economic Analysis, in April of this year, disposable income in the country fell 0.1%, but when adjusted for inflation the metric showed an improvement of 0.1% over the year. Similarly, during April, consumer spending fell -0.2%, but when adjusted for inflation grew 0.1%.

>>>

MercadoLibre Unfazed by Competition

According to comScore’s 2013 Latin America Digital Future in Focus report released last month, Latin America recorded the fastest-growing online population of any region during the previous year. The number of unique Internet visitors in the region grew 12% over the year to more than 147 million as of March of this year. The increased use of the Internet is driving online retail sales. Over the year, the number of online consumers in the region grew 16%. In fact, retailer Walmart’s website reported 11.7 million unique visitors in March, an increase of 163% over the year. It is this increasing online traffic that is attracting other e-tail giants into the region.

>>>