Cloud Stocks: Tuya Counts on PaaS for Growth Within IoT

According to a recent report, the Internet of Things (IoT) market is estimated to grow at 25% CAGR to reach $1.5 billion by 2027. Recently listed Tuya Technologies (NYSE: TUYA) is leveraging an active PaaS strategy to drive innovation and growth within this market.

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Incorta Leverages PaaS for Market Expansion

According to a Markets and Markets report, the global big data market is estimated to grow from $138.9 billion in 2020 to $229.4 billion by the year 2025 at a CAGR of 10.6%. San Mateo-based Incorta is counting on a PaaS strategy to make it big in this highly competitive market.

Cloud Stocks: Unity Software Focuses on Digital Marketing with RestAR Acquisition

According to a recent Research and Markets report, the global gaming market is estimated to grow at a CAGR of over 9% to reach $287.1 billion by 2026 from $167.9 billion in 2020. San Francisco-based Unity Software (NYSE:U) is a leading game development platform that continues to show stellar performance.

Cloud Stocks: Snowflake Exploring AI for Data Warehousing Capabilities

According to a recent report, the Global market for Cloud Data Warehouse is forecast to grow at 16% CAGR to reach $3.5 billion by 2025. San Mateo-based Snowflake (NYSE: SNOW) is a leading player in the market that is focusing on expanding its AI capabilities within the data warehouse space.

Cloud Stocks: ON24 Should Look at Consolidating MarTech SaaS

According to analysts, marketing technology (MarTech) will be a key driver for recovery in the current pandemic market conditions. A Gartner study reveals that more than 60% of the leaders are looking to invest in marketing related technologies in the current year. San Francisco-based ON24 (NYSE:ONTF) is a leading player within the space that went public earlier this year. Despite the current turbulent times, the company reported stellar results.

Cloud Stocks: Analysis of Box’s Acquisition of SignRequest

With the global lockdown conditions continuing, the global content and collaboration services player Box (NYSE: BOX) is delivering strong performance. It recently also announced several product upgrades and acquired a digital signature technology firm to announce its foray into the digital signature market.

Cloud Stocks: IBM’s Transition to a Hybrid Cloud and AI Company

The current pandemic has accelerated the need of all organizations to implement their digital transformation strategies. IBM (NYSE: IBM) is benefitting from this accelerated pace of transition. The company recently reported its first-quarter results that surpassed market expectations.

Cloud Stocks: Analysis of Crowdstrike’s Humio Acquisition

According to a recent Mordor Intelligence report, the global endpoint detection and response (EDR) market is expected to grow from $1.81 billion in 2020 to $6.90 billion by 2026, at a CAGR of over 25%. The global pandemic has accelerated the need for endpoint security services and enterprises are increasingly adopting more decentralized and edge-based security techniques. Endpoint security players like CrowdStrike (NASDAQ: CRWD) are benefitting from this adoption.

Cloud Stocks: Sumo Logic Counts on Acquisition and Product Upgrades

According to a recent Research and Markets report, the global market for Big Data is estimated to grow at a CAGR of 19% from $70.5 billion in 2020 to reach $243.4 billion by 2027. Redwood City-based Sumo Logic (NASDAQ: SUMO) is helping organizations manage structured and unstructured data from application infrastructure and mobile sources to become among the most powerful machine data analytics services in the world.

Cloud Stocks: Alarm.com’s Product and Partner Portfolio Helps Address Competition

According to a Fortune Business Insights report, the global smart home market size is projected to grow at 29% CAGR to reach $622.59 billion by 2026. Virginia-based Alarm.com (NASDAQ: ALRM) is investing in product upgrades to cater to this growing demand.