E-commerce platform BigCommerce (Nasdaq: BIGC) continued to deliver strong results for the quarter. The company is counting on expanding its partnerships and platform capabilities to make bigger inroads into the market.
>>>According to a recent market report, the total spend management software market is estimated to grow at 18% CAGR over to reach $4 billion by 2027. San Mateo-based Coupa (Nasdaq: COUP) is leveraging partnerships and product upgrades to make a bigger impact in this market.
>>>According to an IDC report, the global revenues for the artificial intelligence (AI) market, including software, hardware, and services, are estimated to grow 16% in 2021 to $327.5 billion. The market is expected to grow at a CAGR of 17% to over $550 billion by 2024. Tom Siebel’s C3.ai (NYSE: AI) is capturing this high-growth market through partnerships and product innovation.
>>>Bill.com (NYSE:BILL), a cloud-based provider of financial services for SMBs, recently announced its third quarter results that surpassed market expectations. Bill.com continues to expand its offerings for the sector through partnerships and acquisitions.
>>>According to a recent McKinsey report, the end of the pandemic will result in a new credit cycle that will favor innovative lenders to expand into credit markets and win market share. Market lenders will be looking at aggregating data from a broad range of sources to model credit risk. Recently listed Upstart (NASDAQ: UPST) is one such player that leverages artificial intelligence (AI) and machine learning (ML) technology to help connect consumers with banking partners to source consumer loans.
>>>According to a Research Drive report, the global DevOps market is estimated to grow at a CAGR of 23% to reach $23.4 billion by 2027. San Francisco-based PagerDuty (NYSE: PD) recently announced its first quarter results that continued to impress the market.
>>>According to a recent report, the US digital advertising market grew 12.2% in 2020. The early days of the pandemic saw pullback in ad budgets, but by the latter half of 2020, ad spending had returned again. According to the report, a surge in connected television, e-commerce shopping, and at-home deliveries helped drive the growth despite the pandemic conditions.
>>>According to a recent report, the global digital experience platform market is expected to grow at 12% CAGR to reach $14.35 billion by 2026 from $7.3 billion in 2020. San Francisco-based ON24 (NYSE: ONTF) continues to expand its product and partner portfolio to expand its market presence.
>>>Financial software provider BlackLine (NASDAQ: BL) recently announced its quarterly results that surpassed market expectations. The company continues to expand its relationship with SAP to expand its market presence.
>>>Enterprise cloud data services player Cloudera (NYSE: CLDR) recently announced its first quarter results that surpassed market expectations. The company recently announced its plans to go back to being a private player by getting acquired.
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