Cloud Stocks: Datadog on an Acquisition Spree

The recent pandemic has accelerated digital transformation across organizations. Datadog (NASDAQ: DDOG), a provider of essential monitoring and security platform for cloud applications, recently announced its quarterly results that outpaced market expectations. The company has made several acquisitions within the industry to expand its market offerings.

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Cloud Stocks: Like Wix, GoDaddy Needs to Focus on PaaS

The global pandemic has accelerated the digital transformation movement across all industries. While larger organizations are focusing on transforming their business processes, smaller businesses are accelerating the creation of their online avatars. Internet domain provider GoDaddy (NYSE: GDDY) is helping SMBs make this transition by continuing to add product offerings geared towards their needs.

Cloud Stocks: Domo Needs to Open up About PaaS Metrics

According to a recent report, the global Business Intelligence and Analytics Software market size is projected to reach $33.77 billion by 2026, from $23.94 billion in 2020, translating to an annualized growth rate of 6% in the forecast period. Utah-based Domo (NASDAQ: DOMO) recently announced its third quarter results that surpassed all market expectations. The company remains focused on product improvements and partner expansion to drive growth.

Cloud Stocks: SurveyMonkey Remains Focused on APIs, ISV PaaS Still Missing

According to a recent report by Technavio, the global online survey software market is expected to grow at 9% CAGR through 2024.  SurveyMonkey (Nasdaq: SVMK) recently reported its third quarter results that surpassed all market expectations, but its outlook was disappointing.

Cloud Stocks: Qualys Focuses on SaaS App Security

According to a recent Markets and Markets report, the global security and vulnerability management market is expected to grow 5% annually to $15.5 billion by 2025 from an estimated $12.5 billion in 2020. Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its fourth quarter results that outpaced market expectations. Qualys is building on its partnerships to continue to drive growth.

Cloud Stocks: Is SAP Acquiring Alteryx?

According to a recent Market Research Future report, the Global Data Analytics Market is estimated to grow at 29% CAGR to reach $132.9 billion by the year 2026 from $23 billion in 2019. Data science and analytics platform provider Alteryx’s (NYSE: AYX) recently announced its fourth quarter results that surpassed market expectations. There is a lot of speculation in the industry that SAP is in the process of acquiring Alteryx.

Cloud Stocks: Snowflake Focuses on Developer Community for Growth

According to a recent report, the global data warehouse as a service market is predicted to grow from $1.4 billion in 2019 to $23.8 billion by 2030 ata CAGR of 29% driven by increased digitization that is resulting in the creation of structured, semi-structured, and unstructured data in huge amounts. Businesses realize the importance of leveraging this data to derive useful insights to make better decisions and are investing heavily in storing, managing, and analyzing big data. San Mateo-based Snowflake is a leading data warehouse solution provider that went public in September last year.

Cloud Stocks: ServiceNow Firing on All Cylinders But One: Startup ISVs

Despite the COVID-19 crisis, ServiceNow (NYSE:NOW) continues to outpace all market expectations. It is doubling down on tying up with other technology partners to provide solutions needed to accelerate digital transformation of organizations.

Cloud Stocks: Amazon After Jeff Bezos

According to a recent report from eMarketer, despite a challenging year for retail in 2020, worldwide retail e-commerce sales grew 28% with sales exceeding $4 trillion. Total worldwide retail sales declined by 3% during the year and economies worldwide are facing recessionary conditions. But the pandemic and lockdown conditions have accelerated the spread of e-commerce. Growth is expected to continue even in 2021, albeit at a slower pace. Amazon (NASDAQ: AMZN) recently reported its fourth quarter results that clearly benefitted from this growth.

Ad Rebound Pushes Google to Record Levels

Earlier this week, Google (Nasdaq: GOOG) reported its fourth-quarter results that continued to surpass market expectations. Q4 for Google was all about ad revenues with significant growth across its properties. The stock surged 6% in the after-hours trading session in reaction to its performance.