Billion Dollar Unicorns: In Uptake, Groupon Founder Shows He Has Learnt His Lesson

A recent Zion Market Research report estimates the global predictive analytics market to be worth $10.95 billion by the year 2022, growing at 21% annually over the next five-year-period from $3.49 billion in 2016. There aren’t many companies from the Midwest that have made it to the Billion Dollar Unicorn club. Chicago’s Uptake is one such rare company that has fast tracked its way into the club.

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Billion Dollar Unicorns: Actifio Focuses on Profitability, not IPO

Traditional forms of data protection involved identifying newer and more innovative ways to copy data so that users can access it in case they lose their core data source. Over the past few years though, a new form of data protection has evolved that is helping in the management of the copies of these data tables. Known as Copy Data Management (CDM) solutions, they manage the creation and use of these copies in an efficient and automated way. It has diversified beyond simply taking copies of data into making it more meaningful by looking for a smart way to deliver copies as needed. IDC estimates the global spend on storage hardware and software to manage copy data to be nearly $44 billion as of 2016. Waltham, MA-based Billion Dollar Unicorn Actifio is a rapidly growing vendor in this space.

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From Iran to Stanford to Silicon Valley Entrepreneur: Farnaz Ronaghi, Co-Founder and CTO of NovoEd (Part 7)

Sramana Mitra: Can you anchor this for us with some of your business metrics? How many customers do you have now?

Farnaz Ronaghi: I think we have around 50.

Sramana Mitra: What is the average deal size that you have now stabilized on?

Farnaz Ronaghi: It varies quite a bit. We still get into conversations with initiatives. We call a software license if it’s for around $100,000. >>>

2017 IPO Prospects: Instacart Getting Ready to Deliver on the Stock Exchange

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According to a recent report by Food Marketing Institute and Nielsen, the online grocery shopping market is expected to grow five-fold over the next decade. American consumers will spend more than $100 billion on food-at-home items by 2025 compared with $20.5 billion in 2016. The number of shoppers buying groceries online has already increased from 19% in 2014 to nearly a quarter as of 2016. It is expected that by 2025, more than 70% consumers will be shopping for groceries online. The industry has attracted the likes of Amazon and Google, both of which have their versions of grocery shopping services. Then, there are others like San Francisco-based Instacart that focuses only on this market. After Snap’s successful recent IPO, analysts believe that Instacart may now be next on the table.

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Billion Dollar Unicorns: Airbnb is in no Rush to IPO

Earlier this month, Snap became among the first few Billion Dollar Unicorns to go public this year. Many anticipated that its successful IPO will prompt some of the other bigger Unicorns, like Uber, Lyft, and Airbnb to test out public waters as well. However, the companies are still cautious. Recently, San Francisco-based Airbnb announced plans that it will go public, but not soon.

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Billion Dollar Unicorns: Alteryx has a Successful IPO

After a disappointing year, the IPO market for tech companies has got off to a strong start in 2017. Alteryx recently became the second enterprise software company to go public this year after Mulesoft.  >>>

2017 IPO Prospects: Okta Files in Red Hot Identity Management Sector

A Markets and Markets report published earlier last year estimates the Identity and Access Management Market to grow 13% annually over the next five years to be worth $14.82 billion by 2021. The market was estimated to be worth $8.1 billion in 2016. The impressive growth rate has helped companies like San Francisco-based Okta deliver strong revenue growth. The company recently filed to go public.

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Oracle Takes On AWS Next

Nearly three years ago, tech giant, Oracle (NYSE: ORCL) began its transition toward the cloud. Since the change in gear, Oracle has seen both revenues and profits fall. Finally, it now appears that the worst is over. As Jefferies & Co. analyst John DiFucci puts it, the “clouds are clearing”.

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