San Jose-based Nutanix (Nasdaq: NTNX) was set up to deliver invisible infrastructure for enterprise computing. Its proprietary software-driven Xtreme Computing Platform converges compute, virtualization, and storage into a single solution to provide a simpler solution to the datacenter. The company was a pioneer in the development of a compute and storage infrastructure that could implement enterprise-class virtualization without involving the investments in expensive network storage. After a disappointing IPO, the Billion Dollar Unicorn hyper-converged storage leader appears to be on a path of recovery.
According to Gartner, the market for configure, price, and quote (CPQ) software was worth about $878 million in 2016 and is expected to grow 20% per year through 2020. Billion Dollar Unicorn Apttus is a leading player in the space that is expected to go public soon. >>>
According to a recent report, the global cloud ERP market is projected to grow 8% annually over the next few years to $28 billion by 2022. During the same period, the North American cloud ERP market is estimated to grow to $11.1 billion in 2022. San Francisco-based Anaplan has had a roller coaster ride recently. The company was suspected to have dropped off the Billion Dollar Unicorn club. But recent valuation reports suggest that it is back on track.
According to a Research and Markets report published last year, the global Cloud Storage Market is expected to grow at a substantial rate of 30% annually over the next few years to $92.488 billion by 2022 from $25.171 billion in 2017. Recently, Billion Dollar Unicorn player Dropbox filed its S-1 to go public. The company had been waiting to list for a while, but last year’s disappointing technology market IPO performance forced it to stay away.
Researchers estimate the global IT Business Management (ITBM) sector to grow at more than 20% annually over the next few years. The industry was estimated at a $2 billion market back in 2016. IT Business Management includes the IT Financial Management and Technology Business Management services. Bellevue, Washington-based Apptio (Nasdaq: APTI) is a leading vendor in the space.
According to a market report by Zion Market research, the global identity and access management market is estimated to grow at 12.5% annually over the next few years to $15.92 billion by 2022. The industry was valued at $7.85 billion in 2016.
According to IDC, the worldwide market for Big Data and analytics software reached approximately $49.1 billion in 2016 and is expected to grow at a five-year CAGR of 10.6%. Within the broader business analytics software market, Billion Dollar Unicorn Alteryx (NYSE: AYX) addresses the business intelligence and analytic tools, analytic data integration and spatial information analysis markets that accounted for $18 billion in 2015 and are expected to grow to approximately $27 billion in 2020. >>>
If there is one company that has mastered the art of the cloud, it is Salesforce.com (NYSE: CRM). It recently released its fourth quarter results that continued to outpace market expectations. And, there doesn’t appear to be any slowdown in sight.