Networking giant Cisco (Nasdaq: CSCO) has had a remarkable year so far. Its stock has climbed nearly 18% since the start of the year as the company transforms itself to adapt to the newer technologies. Cisco has been moving away from its traditional business of supplying switches and routers into newer areas of cloud and enterprise collaboration.
Market reports suggest that there were more than two billion websites online as of December 2017. The growth in the websites is attributed to the increasing presence of Content Management Systems (CMS) that allow people and organizations to build websites easily without having to truly code. The CMS market is dominated by Wordspace, which accounts for nearly 60% of the sites published. Joomla is a distant second with under 7% market share. But there are several other smaller players that are delivering robust growth within the space. One such player is New York-based Billion Dollar Unicorn Squarespace.
According to a research by P&S Market Research, the global wearable fitness tracker market is estimated to grow to $48.2 billion by 2023 driven by the increasing use of fitness tracking apps, demand for continuous health monitoring devices, and increasing disposable income. Billion Dollar Unicorn player Fitbit (NYSE:FIT) has been among the pioneers in the industry. But the company has continued to see its valuation dwindle since it went public in 2015.
Billion Dollar Unicorn player GitHub was founded in 2008 by Tom Preston-Werner, Chris Wanstrath, and PJ Hyett to expand the open source operating system market that was developed by Linux.
Early this month, Qualys (NASDAQ: QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, reported a strong quarter that blew past market expectations. >>>
Cloud computing software vendor Twilio (NYSE:TWLO) recently reported its first quarter financial results that shattered all expectations. The market is very pleased with Twilio, with some categorizing it as a “star in digitization”.
Twitter (NYSE: TWTR) appears to be making a slow turnaround this year. It recently reported its quarterly performance that outpaced market expectations and delivered its second consecutive profitable quarter. The market is also impressed with some of the content-related moves that the company is making.
According to Transparency Market Research, the global sales performance management market grew 17.1% annually from $2.3 billion in 2017 to $8.1 billion by the end of 2025. Utah-based InsideSales.com is a Billion Dollar Unicorn in the sales performance enhancement space. It has been toying with the idea of an IPO for a while. Maybe 2018 is the year that it lists.