Billion Dollar Unicorns: Rapid7 Acquires tCell for Growth

According to a ResearchAndMarkets report published recently, the global security and vulnerability management market is expected to grow 10% annually over the next five years. The BFSI segment is expected to continue to hold the largest market share in the sector. Within geographies, the North American market will be the biggest market. Recently, Billion Dollar Unicorn Rapid7 (Nasdaq: RPD) announced its third quarter results that continued to outpace market expectations.

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Infibeam Bootstraps to Success in Indian E-Commerce Market

According to India Brand Equity Foundation (IBEF), the Indian e-commerce market is projected to grow 51% annually from $39 billion in 2017 to $120 billion by 2020 driven by a young demographic profile and rising internet penetration. Infibeam Avenues is a listed Indian company that provides e-commerce and payment solutions to businesses and government agencies. >>>

Shopify Counting on Cannabis for Growth

According to a Grand View Research report, the global B2C e-commerce market is expected to grow 12% annually to $7,724.8 billion by 2025. The growth in the industry is attributed to increased disposable income levels and rising internet and smartphones penetration. Billion Dollar Unicorn Shopify is helping retailers establish and improve their dot-com presence to drive this growth.

Tableau Counting on Product Upgrades for Market Expansion

According to a recent report published by SBWire, the global Data Visualization Applications Market is currently growing at an annualized rate of 10% each year. The market growth is driven by escalation in big data, advancements in visualization software, and the increasing need for faster decision making. Another report published earlier this year estimates the data visualization market to grow to $7.7 billion by 2023, growing 22% annually. But despite the steady growth rate, Tableau’s (NYSE: DATA) recently reported quarterly results failed to impress the market.

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BlackLine Remains ERP Agnostic

According to a Transparency Market Research published earlier this year, the global accounting software market was estimated at $5.7 billion last year. It is expected to grow to $11.8 billion this year and to continue to grow at 9% annually over the next 8 years. Recently, cloud-based financial software provider, BlackLine (Nasaq: BL) announced better than expected third quarter results. But the present turmoil in the market hasn’t spared this stock either.

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Apple Fails to Impress the Market

Last month has not been a good one for the stock market with both the Dow and Nasdaq 100 reporting steep declines. Nasdaq 100 was down 11% last month, making it the worst month since the 2008 financial crisis. Those expecting a rebound of the tech stocks were disappointed as Apple’s (Nasdaq: AAPL) lackluster performance added to the bearish trend in the market. Post the result announcement, Apple’s stock tumbled 7% in the after-hours trading session. This was the worst reaction to Apple’s earnings in more than four years.

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BookMyShow’s Diversification Hurts Profits

The increasing penetration of Internet and smartphones have given rise to many successful businesses in India. One of them is online entertainment ticketing portal BookMyShow. >>>

Qualys Counts on Acquisitions for Growth

According to a recent report by Research and Markets, the global cyber security market is expected to grow from $152.71 billion in 2018 to $248.26 billion by 2023 at a CAGR of 10%. Earlier this week, cloud-based security player Qualys (Nasdaq: QLYS) reported its third quarter results that surpassed market expectations for the fourth consecutive quarter.

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