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Technology Stocks
Cloud Stocks: Appian Strengthens AI Offerings
According to a recent report, the global business process management market is expected to grow from $8.8 billion in 2020 to $14.4 billion by 2025 at 10.5% CAGR. Reston, Virginia-based Appian (NASDAQ: APPN) is among the leading players in the industry.
>>>Asana Builds Tools for Pandemic Driven Remote Working Conditions
According to a recent market report, the global the global Enterprise Collaboration Market is estimated to grow from $47.2 billion in 2021 to $85.8 billion by 2026, translating to an annualized growth rate of over 12%. The current remote working conditions have accelerated the need for cloud-based collaborative services. Work management platform Asana recently reported results that beat estimates.
>>>Cloud Stocks: Tuya Focuses on Smart Product Distribution
According to a recent report, the global Internet of Things (IoT) market is projected to reach $1.46 trillion by 2027, growing at 25% CAGR from $250.7 billion in 2019, driven by the adoption of AI technologies across industries. China’s Tuya (NYSE: TUYA) went public earlier this year and is expanding its market reach through partner integrations.
>>>Cloud Stocks: Analysis of IBM’s Waeg Acquisition
Big Blue (NYSE: IBM) recently reported its second-quarter results that delivered a surprise stellar performance. The company delivered the strongest revenue growth in three years and outpaced market expectations on both earnings and revenues. The results helped drive its stock upwards by 4%.
>>>Cloud Stocks: Dynatrace Counts on AI to Continue its Market Leadership
According to a recent report, the global Application Performance Management (APM) market is estimated to grow at 11% CAGR to reach $12 billion by 2026 from $6.3 billion in 2020. Dynatrace (NYSE: DT) recently reported another stellar quarterly performance, driven by the growth in the industry.
>>>Cloud Stocks: Analysis of Sumo Logic’s Sensu Acquisition
According to a recent report, the global big data market is estimated to grow from $138.9 billion in 2020 to $229.4 billion by 2025 at 10.6% CAGR. Redwood City-based Sumo Logic (NASDAQ: SUMO) is a leading structured and unstructured data services provider that continues to expand services through acquisitions.
>>>Elastic Ties up with Microsoft to Beat Competition
According to a recent report, the global enterprise search market is expected to grow at 11% CAGR to $8 billion by 2027 from $3.8 billion in 2020. Elastic (NYSE: ESTC) is a leading player in the open source Big Data search sector that is seeing strong growth as well.
>>>Cloud Stocks: Snowflake Focuses on Expanded Partner Program to Drive Growth
According to a recent report, the global data warehouse as a service market is estimated to grow at a CAGR of 20% from $1.44 billion in 2020 to reach $4.3 billion by 2026. The growth is driven by the organization’s demand to understand the available information regarding business processes, products, customers and leverage this information to expand addressable business opportunities. San Mateo-based Snowflake (NYSE:SNOW) is a leading data warehouse solution provider that recently announced its quarterly results.
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