Billion Dollar Unicorns: FireEye Targets a Profitable Year

According to a recent Market Research report, the global cyber security market is expected to grow at a steady pace of 10% annually over the next few years to $172 billion by 2024. FireEye (Nasdaq: FEYE) is one of the emerging players in the industry that went public nearly five years ago. It is known for its platform that strengthens existing firewalls, IPS, anti-virus, and gateways by blocking attacks across multiple platforms. It recently announced its second quarter results that surpassed the market’s expectations.

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Billion Dollar Unicorns: Byju’s is India’s First EdTech Unicorn

According to IBEF, the education market in India is estimated at $91.7 billion and is expected to cross $100 billion by 2019. India has more than 1.5 million schools with over 260 million enrolled students. It also has a vibrant tutoring industry. The e-learning sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 million users. Indian Byju’s learning app from Think and Learn Pvt Ltd has recently entered the Billion Dollar Unicorn Club. >>>

Splunk Continues to Acquire

A recent Market Research Future report published this year Billion Dollar Unicorn club member Splunk (NASDAQ: SPLK) recently announced its second quarter results that surpassed all market expectations.

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Billion Dollar Unicorns: Cloudflare Targets Enterprises

According to a Markets and Markets report, the global Cloud Security Market is expected to grow from $4.09 billion in 2017 to $12.73 billion by 2022 at a CAGR of more than 25%. Billion Dollar Unicorn club member Cloudflare is a leading provider of cloud-based security solutions.

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MobileIron Product Expansion Fails to Drive Stock

According to a Statista report, the global Enterprise mobility management (EMM) market is expected to grow to $3.39 billion by the year 2021 from $1.86 billion in 2017. Another report by Strategy Analytics has more conservative estimates for the sector. The researcher estimates that the market will grow to $2.2 billion by 2022 from $1.8 billion in 2017. The EMM market is dominated by VMware AirWatch, which accounts for 19% market share. MobileIron (Nasdaq: MOBL) is third in the industry with 10% market share.

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Billion Dollar Unicorns: Rapid7 to Focus on Profits in Fiscal 2019

A recent Markets and Markets report estimates the global Cybersecurity Market to grow at a CAGR of 11% from $137.85 billion in 2017 to $231.94 billion by 2022, driven by regulatory data protection directives and the need to counter cyber terrorism, coupled with the growing adoption of Internet of Things (IoT) and Bring Your Own Device (BYOD) trends. Billion Dollar Unicorn Rapid7 (Nasdaq: RPD) is counting on this high growth in the industry.

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What is Flipkart’s Game Plan?

Last month, Walmart completed its $16 billion acquisition of a 77% stake in India’s leading online marketplace Flipkart. Since the acquisition was announced in May, Flipkart has been rolling up companies and has also launched a loyalty program to up its game against Amazon. Let’s take a closer look. >>>

Workday Spends Big on Acquisitions

According to a Grand View Research report published earlier this year, the global human resource management market is projected to grow 10.4% annually to $30 billion by 2025. The growth is expected to be driven by the need to replace legacy systems with improved human capital management platforms. Recently, SaaS-based HCM services provider, Workday (NYSE: WDAY) announced its quarterly results that continued to outpace market expectations.

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