A Technavio report published earlier last year estimates the global cloud-based marketing platform market to grow 9% annually over the period 2017 to 2021. The market is dominated by big players like Adobe Systems, Oracle, Salesforce, and IBM. But there are a few other vendors like Billion Dollar Unicorn HubSpot (NYSE:HUBS) that are doing very well in the industry.
I interviewed the CEO of Fortinet Ken Xie way back in 2010, a year after it went public. Ken had also co-founded NetScreen, which was acquired by Juniper for $4 billion stock in 2004 when it had revenue of $200 million. Both companies bootstrapped first and raised money later. Today, Fortinet (NASDAQ: FTNT) is a global leader in broad, automated, and integrated cyber security solutions with a market cap of close to $10 billion. >>>
A recent Market Research Future report estimates the global data analytics market to grow to $159 billion at a CAGR of 31% by the year 2022. Billion Dollar Unicorn club member Splunk (NASDAQ: SPLK) is counting on this growth as it continues to grow inorganically.
Billion Dollar Unicorn Cloudera (NYSE: CLDR) listed in April last year. Many expected it to be a strong IPO, but the company has not done very well under public scrutiny. Recently, it reported its fourth quarter results where the weak guidance sent the stock to its lowest levels since it listed.
According to a report by Market Research Future, the global data analytics market is estimated to grow 31% annually over the next four years to $159 billion by the year 2022. Billion Dollar Unicorn GoodData is a leading player in the market that is successfully leveraging the growth in Big Data to deliver cloud-based analytics products.
According to a report by Statista, the global music streaming market is expected to grow from $11.44 billion in 2018 to $14.79 billion in 2022 at a CAGR of 6.6%. User penetration was at 24.7% in 2018 and is expected to grow to 26.6% by 2022. Earlier this month, streaming music service provider Spotify went public. Here is a quick look at the Billion Dollar Unicorn player’s performance so far.
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According to a MarketsandMarkets report, the enterprise video market is forecast to grow at a CAGR of 20.1% from $16.34 billion in 2017 to $40.84 Billion by 2022, primarily driven by the rising demand for video as a tool to enhance communication and collaboration across enterprises and the rising adoption of cloud technology. Zoom Video Communications is a Billion Dollar Unicorn that is reporting growth rates of 150%. >>>
Linux may not be the OS of choice for desktops, but it dominates the world when it comes to Supercomputers, Web Servers, and Chromebooks. Additionally, Linux Kernel actually powers the Android OS that is used in Android-based mobile devices. According to market reports, as of 2017, Linux powered all of the top 500 supercomputers in the world.