Cloud Stocks: Zendesk’s Products Help Increase Average Deal Size

According to a recent report, the global Complaint Management Software Market is expected to grow at 11% CAGR 2028. Zendesk (NYSE: ZEN) is a leading player in the market that continues to outpace market’s forecast. Rival Freshworks is not too far away, preparing for its IPO.

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Zeta Global Eyes an IPO, Yet Again

According to eMarketer, global marketing spend is expected to grow to $841 billion by 2024 from $647 billion in 2019 at a CAGR of 5%. Digital marketing spend accounted for $325 billion in 2019 and is expected to grow 10% annually to $526 billion by 2024. IDC estimates marketing software spend worldwide to grow 13% annually over the same forecast period to $35.5 billion by 2024. Zeta Global is a leading marketing analytics provider that focuses on AI and ML capabilities within the space.

Cloud Stocks: HubSpot’s PaaS Ecosystem Revenues Expected to Grow Rapidly

Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its first quarter results that continued to surpass market expectations. HubSpot has been expanding its product offerings to make bigger inroads within the organization while remaining focused on its PaaS strategy.

Cloud Stocks: Analysis of Twilio’s Zipwhip Acquisition

According to a Grand View Research market report, the global unified communication as a service market is expected to be worth $38.74 billion this year and is expected to grow at 24% CAGR from 2021 to 2028. Communications PaaS player Twilio (NYSE: TWLO) recently announced its first quarter results that surpassed market expectations. Twilio is expanding its presence through acquisitions and partnerships.

Cloud Stocks: Wix Goes on an Acquisition Spree

Israel-based Wix.com (Nasdaq:WIX) has seen significant expansion due to the recent Covid crisis. The company recently reported its first quarter results that surpassed market expectations. During the quarter, Wix continued to add capabilities through acquisitions.

Cloud Stocks: GoDaddy Expands Registry Catalog

According to an IBIS World report, web domain name sales in the US are estimated to grow to $3.5 billion in 2021 at a CAGR of 4% over 2016-2021. Internet domain provider GoDaddy (NYSE: GDDY) recently announced its first-quarter results that were a mixed bag.

Global Data Privacy Regulations Help Spur Collibra’s Growth

The global data governance market is expected to grow from $2.1 billion in 2020 to $5.7 billion by 2025 at a CAGR of over 22%. Government regulations around the globe are ensuring that stricter regulations are put in place to govern how data is stored and utilized across organizations. This has helped companies like Collibra establish their presence.

Cloud Stocks: SurveyMonkey Investing in AI and ML Tools

According to a recent Tech Navio report, the global online survey software market is projected to grow at 9% CAGR during 2020-2024 driven by the adoption of online survey tools by the SMB segment. SurveyMonkey (Nasdaq: SVMK) recently reported its first quarter results that surpassed all market expectations. The company is expanding its AI and machine learning solutions to drive growth.

Cloud Stocks: Qualys Expands Endpoint Security Offerings

According to a Markets and Markets report, the global cloud security market is projected to grow at 15% CAGR from $34.5 billion in 2020 to reach $68.5 billion by 2025. Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its first quarter results that surpassed market expectations. The cyber consulting company continues to add product upgrades and partners to expand its market reach.

Cloud Stocks: Alteryx Focuses on the User and Partner Community

According to a Markets and Markets report, the global data science platform market is expected to grow from 30% annually over the next few years to become a $140.9 billion industry by 2024. The market was estimated at $37.9 billion in 2019. Data science and analytics platform provider Alteryx’s (NYSE: AYX) recently announced its stellar quarterly results. The company continues to add to its partner portfolio to drive market expansion.