Zendesk and Freshworks Growing Steadily

Freshdesk, now called Freshworks, was originally founded as an affordable alternative to Zendesk. It recently crossed $100 million in annual recurring revenue while Zendesk recently surpassed a $500 million annual revenue run rate. Needless to say, the cloud-based help desk category is alive and well, and the companies are each exploring beyond their original product lines. >>>

IBM Continues a Slow Climb Up

IBM’s (NYSE: IBM) long turnaround appeared to slow down during the recently reported quarterly results. While the company did manage to surpass market expectations, the slowing growth rates left the market wanting.

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Billion Dollar Unicorns: Elastic Files to go Public

According to a recent report, annual revenue from the global big data market was expected be $33.5 billion in 2017. Analysts estimate this number to double in the next four years as organizations continue to spend on hardware and related services. Mobile data traffic is estimated to account for 11 exabytes (11 billion gigabytes) a month of data, and cloud computing traffic is estimated to reach 320 exabytes per month in North America alone. Billion Dollar Unicorn Elastic is a leading player in the open source Big Data search sector that recently filed confidentially to go public.

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Has Netflix Reached its Peak?

After four consecutive quarters of surprising the market with stellar results, Netflix (Nasdaq: NFLX) delivered rather weak results recently. The market was disappointed with its lack luster growth, sending the stock tumbling 13% in the after-hours trading session.

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Billion Dollar Unicorns: Will Coupa Remain Independent?

San Mateo-based spend management firm Coupa (Nasdaq: COUP) went public more than two years ago. Its IPO has performed well as it continues to surpass market expectations and receive accolades for its products. Coupa values its addressable market at $37 billion and is targeting a share of $1 billion soon.

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Billion Dollar Unicorns: New Relic’s Enterprise Focus Pays Off

Software application management tools vendor New Relic (NYSE: NEWR) recently announced a strong fourth quarter. Apart from beating analyst estimates, the Billion Dollar Unicorn reported the second straight quarter of non-GAAP profit. >>>

Billion Dollar Unicorns: Is Palantir Losing Valuation?

According to an IDC report, the worldwide revenues for big data and business analytics will grow at a 12% annual growth rate over the next few years. The market was pegged at $130.1 billion in 2016 and is projected to grow to $203 billion by 2020. The secretive Billion Dollar Unicorn Palantir was expected to go public last year. But recent reports suggest that the company may be delaying its plans.

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Will SAP Acquire Egnyte?

According to a MarketsandMarkets research report published earlier this year, the Enterprise Collaboration Market is estimated to grow 12% annually over the next few years to $59.86 billion by 2023 from $34.57 billion this year.

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