Okta Leads in IDaaS

A report by Gartner published in 2010 estimated the global identity and access management market to grow from $9.2 billion in 2009 to $11.9 billion by the end of the current year. Growth will be driven by the emergence of cloud-based identity management being offered as a service, or IDaaS. IDaaS is a growing need for both midsize and large enterprises, which must manage access to applications both in the cloud and on their on-premises legacy networks.

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Dropbox Plans (Likely Frothy) IPO in 2013

According to an IDC report, IT spending on both public and private cloud storage segments will be worth $22.6 billion by 2015. Growth will be driven by an annual 24% increase in the public cloud segment and a 29% increase in the private cloud segment over the five-year period from 2010-2015.

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Evernote’s Capital-Intensive Freemium Model Works

A report by Juniper Research released last year estimated that the market for consumer mobile applications will be worth $52 billion by the year 2016. Growth will be driven by the increasing adoption of smartphones and tablets by consumers. Last year, tablet apps accounted for 7% of global app revenues. That number is projected to grow to 25% by 2016.

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More on Sky-High Valuations: Palantir

A recent report by Transparency Market Research titled “Big Data Market – Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2012- 2018” projects the big data market to grow at an annual rate of 40.5% to $48.3 billion from $6.3 billion last year. North America will remain the leading contributor to the segment, commanding 55% of the market share. The analytic tools surrounding big data segment are being used to help businesses leverage the vast amounts of data gathered by their systems.  But it is not just businesses that are using big data analytics. There are several government agencies that are also using these tools to come up with solutions to the world’s pressing problems.

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Autotrader.com Backs Out of IPO Plans Yet Again

According to Forrester research, with more than $22 billion spent on automotive advertising last year, the segment is among the largest advertising markets in the country. The researcher estimates that the growth in online viewership by consumers is causing dealers and manufacturers to spend more of their advertising dollars on the Internet. In 2008, just 5% of automotive advertising was through the Internet. That number grew to 15% in 2011. The Internet is also playing a bigger role in the decision making surrounding the trade of a car.

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Is Workday Worth $10.22 Billion?

According to a Forrester Research report, the software-as-a-service (SaaS) market will grow 25% annually to $59 billion this year. The market is expected to be worth $75 billion by 2014. The market opportunity is helping to drive recently listed Workday’s (NYSE:WDAY) stock upward. Despite the high growth in revenues, some analysts believe that the company’s continuously loss-making operations don’t justify their huge valuation. Let’s look at the numbers.

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Is BlackBerry on the Rebound?

It appears that BlackBerry (Nasdaq:BBRY), formerly known as Research in Motion, is finally seeing a turnaround. Cost control measures and a new product pipeline has steered BlackBerry’s stock performance upward. Furthermore, management is convinced that the recent quarter’s performance was not a “one-time effect” but rather is reflective of the “efficient engine” that has been established in the organization. I hope it is true, as I am keen to see more of a four-horse race then a two-horse race in the mobile device market.

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Accenture’s On-site Expansion

According to a recent report by technology research firm Information Services Group, the annual contract value of global outsourcing contracts fell 3% over the year last year to $21.2 billion. During the final quarter of 2012, commercial outsourcing contracts with annual contract values of more than $5 million fell 27% over the year to $4.8 billion. By scope of work, annual contract values of business process outsourcing (BPO) contracts grew 14% over the year to $7.9 billion. The increase was dampened by an 11% reduction in the contract values of IT outsourcing projects to $13.3 billion.

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Oracle Expands in the Telecom Sector

Gartner’s report on worldwide enterprise IT spending projects enterprise IT spending to grow 4% over the year to $3.8 trillion during the current year. Spending on devices, which includes PCs and mobile devices, will grow 8% to $718 billion this year. Worldwide enterprise software spending is projected to grow 6% to $297 billion this year. Telecom services spending will remain the largest segment and will see growth of 2% over the year to $1.69 trillion. IT players are counting on the resurgence of IT spending to help drive their growth.

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Tableau Software’s IPO Path

According to an IDC report released earlier this year, the worldwide big data technology and services market is projected to grow annually at 31.7% in 2012 to $23.8 billion in 2016. The biggest increase should be seen by the storage market, which is projected to report annual rates of over 53%. Services for big data technology will grow annually at 21.1% during the period.

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