The current pandemic conditions have helped accelerate the adoption and usage of digital transformation tools even across the SMB segment. Smaller businesses are leveraging services such as those provided by Bill.com (NYSE:BILL) to automate their financial operations. Bill.com’s platform is helping facilitate over $10 billion of B2B payments each month and is becoming a mission-critical tool for these businesses.
>>>According to a report published by IndustryArc, the global DevOps market is forecast to grow at 25.2% CAGR to reach $12.5 billion by 2025 driven by the increased need for faster application delivery, high productivity of business and to eliminate unnecessary capital expenditure in IT. San Francisco-based PagerDuty (NYSE: PD) announced its results recently that impressed the market.
>>>According to a MarketsAndMarkets report, the global business intelligence (BI) market is expected to grow at a CAGR of 7.6% to reach $33.3 billion by 2025. Sunnyvale-based ThoughtSpot is among the leading players in the market that hopes to make analytics easier for all users.
>>>Recently, Go-To-Market intelligence provider ZoomInfo (Nasdaq: ZI) reported its quarterly results that surpassed market expectations. The company is focusing on expanding its partner network to ensure that it makes a bigger impact on the market.
>>>According to a Markets and Markets report, the customer experience management market is estimated to grow from $8.5 billion in 2020 to $14.9 billion by 2025 at a CAGR of 11.8%. Medallia (NYSE: MDLA), a leading player in the market, recently announced its fourth quarter results that surpassed market expectations.
>>>According to a recent report, the global Hadoop-as-a-Service Market was estimated to grow from $7.4 billion in 2019 to $74.8 billion by 2026 driven by a demand for cost-efficient solutions for management of big data. Hadoop’s ability to handle large volumes of data efficiently and in a cost-effective manner is accelerating the growth of the service. Cloudera (NYSE: CLDR), a leading player in the market, reported strong results for the fourth quarter.
>>>According to a recent research report by Research and Markets, the global Enterprise Search market is projected to grow from $3.8 billion to $8 billion by 2027 at a CAGR of 11.4%. Elastic (NYSE: ESTC) is a leading player in the open source Big Data search sector that continues to deliver strong results.
>>>According to a MarketsAndMarkets report, the global Content Delivery Network (CDN) market is expected to grow from $14.4 billion in 2020 to $27.9 billion in 2025 at a CAGR of 14%. Fastly (NYSE: FSLY), a leading player in the segment, recently reported its fourth quarter results that surpassed the market’s expectations.
>>>Emergency notifications provider Everbridge (Nasdaq: EVBG) recently announced its fourth quarter results that surpassed market expectations. The company continues to invest in product upgrades and has released services geared toward improving government response systems.
>>>According to a recent report, the global Corporate Learning Management System (LMS) market is expected to grow at 23% CAGR to reach $7.6 billion by 2026 from $1.8 billion in 2019. Cornerstone OnDemand (Nasdaq: CSOD) recently reported its fourth quarter results that surpassed market expectations, clearly cashing in on this high growth.
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