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Cloud Computing
Chinese Fabless Montage Lists on the Nasdaq
According to researcher iSuppli, the number of Chinese-manufactured set-top boxes sold worldwide is projected to grow 12% annually over 2012 to 2016 to reach 243 million units. The researcher estimates that 58% of Chinese set-top boxes will be exported to the rest of the world. Earlier last month, Shanghai-based semiconductor manufacturer Montage Technology listed on the Nasdaq. Montage is a fabless provider of analog and mixed-signal semiconductor solutions with focus on the cloud computing and home entertainment industries. Here is a quick look of the company and its performance thus far.
1Mby1M Incubation Radar 2013: OpsViz, Palo Alto, California
OpsViz provides infrastructure source of truth as a service for technology companies. With its flexible back-end and connectors to commonly used open-source tools, OpsViz ‘snaps in’ the architecture of its customers to ‘collect and clean’ the infrastructure data and analyze it. What sets OpsViz apart is that its founder Gülin Yilmaz managed to validate the business and pricing models and has a confident customer base to draw upon.
UK Document Management Firm Alfresco Preparing for US IPO
According to TechNavio’s report, Global Document Management Systems Market 2012-2016, worldwide global document management market is projected to grow 13.98% over 2012-2016, driven by the increased adoption of such services by small and medium-sized companies. Here is a quick look at UK-based open platform document management solution provider, Alfresco.
Marketo Doing Well Following IPO
According to Gartner’s Magic Quadrant for Multichannel Campaign Management (MCCM), digital marketing accounts for nearly 25% of an organization’s marketing spending. The researcher anticipates spending on customer relationship management software to grow 7.5% this year to over $14 billion.
Oracle Pushing Further Into the Cloud
According to TheInfoPro Wave 5 Cloud Computing Study, the worldwide cloud computing market is projected to grow 36% annually to $19.5 billion by the year 2016. The study estimates that of the cloud-related projects being conducted by organizations, the biggest demand is in internal private cloud, followed by cloud provider strategy planning. Cloud projects related to Infrastructure-as-a-Service (IaaS) and Software-as-a-Service (SaaS) come a close third and fourth in terms of priority projects. It’s little wonder, then, that Oracle (Nasdaq: ORCL) is investing heavily in the cloud space.
Salesforce Platform Strategy Hold Immense Promise
According to Gartner’s Forecast: Enterprise Software Markets, Worldwide, 2012-2017, 2Q13 Update, worldwide spending on enterprise software is projected to grow 6% this year to $304 billion. Within the market, Gartner projects CRM market to be a fast growing market with an estimated annual growth rate of 15% over the period 2012 through 2017. A quarter ago, Gartner had projected this market to grow 9.7% annually over the same period.
IBM Remains Focused on Big Data and Cloud Computing
The latest Gartner’s Worldwide IT Spending Report estimates global IT spending to grow 2% over the year to $3.7 trillion. By segment, telecom services will remain the largest sector with $1.66 trillion of the market and growing 0.9% over the year. IT Services are projected to grow 2.2% over the year to $0.93 trillion. Devices are expected to account for $0.7 trillion of the market, growing 2.8% over the year. Enterprise Software will account for the fastest growth at 6.4% to account for $0.3 trillion of the market and Data Center Systems will account for the remaining $0.14 trillion, reporting a 2% growth over the year. The researcher estimates IT spending to grow 4.1% next year to $3.88 trillion.
Workday Entering Student Services
According to Gartner, the Software-as-a-Service market is projected to grow 20% over the period 2011 through 2016 to $32.8 billion. Within the market, CRM will be the largest market growing from $5 billion in 2012 to $9 billion by the year 2016. But the biggest growth within SaaS will be driven by Office Suites which are projected to grow 49% annually over the period 2011 through 2016 and HR offerings will register the slowest growth at 6.7%. But that is not slowing down Workday (Nasdaq: WDAY), which continues to deliver strong quarterly results.