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Technology Stocks
Cloud Stocks: Analysis of Adobe’s Frame.io Acquisition
Earlier this week Adobe (NASDAQ: ADBE) reported its quarterly results that continued to outpace market expectations. Adobe is looking at expanding its presence within the video content segment through acquisitions to help drive growth.
>>>Cloud Stocks: Analysis of Veeva’s Learnaboutgmp Acquisition
The global Healthcare Cloud Computing Market is expected to grow at 13% CAGR from $29 billion in 2020 to $79.3 billion by 2027. Veeva (NYSE: VEEV) continues to show growth in this market through acquisitions and product upgrades.
>>>Cloud Stocks: Analysis of C3.ai’s Growing Partnerships
According to a recent report, the global Artificial Intelligence (AI) market is estimated to grow at 21% CAGR from 2021–2025. Tom Siebel’s C3.ai (NYSE: AI) is helping address this high growth market through partnerships with big tech.
>>>Cloud Stocks: Upstart’s Improving AI Algorithm in FinTech Consumer Lending
According to a recent report, the Global Digital Lending Platform Market is estimated to grow from $7.14 billion in 2020 to $27.07 billion by 2028 at a CAGR of 18%. San Mateo-based Upstart (NASDAQ: UPST), a leading player in the market, recently announced stellar second quarter results.
>>>Cloud Stocks: Analysis of Tenable’s Accurics Acquisition
According to Mordor Intelligence, the global Security and Vulnerability Management Market is expected to grow at 10% CAGR from $6.61 billion in 2020 to $11.72 billion market by 2026. Maryland-based Tenable (Nasdaq: TENB) is acquiring other players to ensure it gets a bigger pie of this market.
>>>Cloud Stocks: PagerDuty’s Expanding Integration Portfolio
According to a recent market research report, the global market for DevOps is estimated to grow from $6 billion in 2020 to $17.8 billion by 2026, at a CAGR of just under 20%. DevOps solutions are being increasingly adopted across various industries, with the telecom & ITES sector leading the growth. San Francisco-based PagerDuty (NYSE: PD) recently announced the results for the second quarter that outpaced market expectations.
>>>Cloud Stocks: Analysis of BlackLine’s Kyriba Partnership
Financial software provider BlackLine (NASDAQ: BL) recently announced its quarterly results that surpassed market expectations. BlackLine is expanding its focus on its partner program to help drive digitization across the finance function of organizations.
>>>Cloud Stocks: Coupa Launches PaaS Strategy
According to a recent market report, the Business spend software market is expected to grow at a CAGR of 10.85% to reach $17.79 billion by 2027. Coupa (Nasdaq: COUP), a leading player in the market, recently reported its quarterly results that continue to surpass market expectations.
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