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Technology Stocks
Cloud Stocks: Analysis of Okta’s atSpoke Acquisition
The global identity and access management market size is projected to grow at CAGR of 13.2% to $24.76 billion by 2026. Corporate identity management software company Okta (NASDAQ: OKTA) continues to expand its presence in the market through acquisitions.
>>>Cloud Stocks: Dropbox Focuses on Content Creators with New Product
The global Enterprise File Sharing and Synchronization market is expected to grow from $3.4 billion in 2020 at a CAGR of 21.6% to $13.8 billion by 2027. Dropbox (Nasdaq: DBX) recently announced its second quarter results that continued to outpace market expectations.
>>>Cloud Stocks: Zoom Focuses on Expanding Reseller Offerings
Online video conferencing player Zoom Video Communications (Nasdaq: ZM) continues to deliver stellar quarterly results. But recently, it had a big setback when its plans to acquire Five9 fell through.
>>>Analysis of Intuit’s Mailchimp Acquisition
Tax software provider Intuit (NASDAQ: INTU) recently announced its fourth-quarter earnings that surpassed market expectations. But the big news this quarter was Intuit’s entry into the email marketing space with the acquisition of Mailchimp, a bootstrapped jewel.
>>>Analysis of Cornerstone OnDemand’s Acquisition
The global Corporate Learning Management System (LMS) market is estimated to grow at 19% CAGR from $13.38 billion in 2021 to $44.49 billion in 2028. Cornerstone OnDemand (Nasdaq: CSOD) recently reported its second quarter results that surpassed market expectations. But the big news was the announcement of its acquisition by a private equity player.
>>>Cloud Stocks: CrowdStrike Expands Government Offerings
The global endpoint security market is expected to grow at a CAGR of 8% from $13.99 billion this year to $24.58 billion by 2028. CrowdStrike (NASDAQ: CRWD), a leader in the space, recently reported its second quarterly results.
>>>Coursera Partners with Tech Companies to Drive Professional Learning
The global e-learning market is expected to grow at 21% CAGR from $250 billion in 2020 to $1 trillion by the end of 2027. Coursera (NYSE: COUR) recently reported its quarterly results that show rapid growth as well.
>>>Cloud Stocks: Snowflake Focuses on the Financial Services Sector
The global Data Warehouse as a Service (DWaaS) market is expected to grow at 22% CAGR to $12.9 billion by 2026 from $4.7 billion in 2021 driven by the expansion of business intelligence and data analytics in enterprise management, the growing dependence on data-driven decision-making to improve business performance, and the requirement of regulatory governance and security. San Mateo-based Snowflake (NYSE:SNOW) is a leading data warehouse solution provider that recently announced its quarterly results.
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