Cloud Stocks: Splunk Tackles Decelerating Growth with Product Upgrades

Big data player Splunk (NASDAQ: SPLK) recently announced its quarterly results that surpassed market expectations. But the company’s growth metrics continue to decelerate. It is trying to drive growth through its cloud platform upgrades.

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Cloud Stocks: RingCentral Cashing in on the Hybrid Work Environment

According to a recent market report, the global Unified Communication as a Service (UCaaS) market size was estimated to grow from $25.85 billion in 2020 to $69.93 billion by 2028 at a CAGR of 13%. Recently, RingCentral (NYSE:RNG) announced its second quarter results that shattered the market expectations.

Cloud Stocks: Palo Alto Networks Expands Security Capabilities

According to a recent market report, the global cyber security market size is expected to grow to $400 billion by 2027. The growth is expected to be driven by the SMB segment, which will witness a growth of 15% CAGR. Security player Palo Alto Networks (NYSE: PANW) continues to tap into the market through product upgrades and partnerships.

Zuora Leverages Machine Learning for New Product

According to a recent report, the global Subscription and Billing Management software market is estimated to grow to $6.5 billion in 2026 from $3.6 billion in 2020. San Mateo-based Zuora (NYSE: ZUO), a leading player in the market, recently announced its second quarter results that continued to surpass market expectations.

Cloud Stocks: Pure Storage Experimenting with Pricing Models

According to a recent report, the global NAND Flash Memory market is expected to grow from $46.6 billion in 2020 to $85.36 billion by the 2026 at a CAGR of 11%. Mountain View-based Pure Storage (NYSE: PSTG) recently reported its second-quarter results that surpassed market expectations.

Cloud Stocks: Analysis of Qualys’ TotalCloud Acquisition

According to a recent report, the global cloud security market is estimated to grow at 14% CAGR to reach $67.6 billion by 2026 from $34.8 billion in 2021. Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its quarterly results that surpassed market expectations. The company recently acquired another cloud-management platform to expand its product capabilities.

IPOs 2021: Analysis of UiPath’s Cloud Elements Acquisition

According to a Forrester report, the Worldwide Intelligent Process Automation revenue is estimated to grow from $17 billion in 2020 to $30 billion by 2024. Earlier this summer, UiPath (NYSE: PATH), a key player in this market, went public.

Cloud Stocks: DigitalOcean Expands Partnership with MongoDB

Earlier this month, Digital Ocean (NYSE: DOCN) announced its second-quarter results that surpassed market expectations. The company continues to expand its market base through partnerships that focus on making app development easier.

Cloud Stocks: Shopify Continues to Woo Developers

Earlier last month, Ontario-based Shopify (NYSE:SHOP) announced its quarterly results that continued to surpass market expectations. Shopify remains focused on building a partner ecosystem that leverages its PaaS capabilities to change the face of eCommerce.

IPOs 2021: Can Newly Public Squarespace Compete with Wix?

The current pandemic has accelerated the need for smaller businesses to expand their online presence. New York-based Squarespace (NYSE: SQSP) is helping the SMB segment expand its digital presence through its easy-to-use digital solutions.