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Technology Stocks
Cloud Stocks: CrowdStrike Leads in Endpoint Security Through Tie-ups
As more and more people access organization networks through their own devices and through remote locations due to the pandemic conditions, the need for endpoint security has increased. According to a recent report, the global endpoint security market is estimated to grow at CAGR 7% from $13.77 billion in 2020 to $23 billion by 2027. CrowdStrike (NASDAQ: CRWD) recently reported its quarterly results that continue to outpace market expectations.
>>>Cloud Stocks: Adobe’s Digital Solutions Drive Stellar Growth
Adobe (NASDAQ: ADBE) recently reported its quarterly results that continued to outpace market expectations. The company entered into several partnerships during the year to drive end customer satisfaction across both private and government sectors.
>>>Treasure Data Leverages Data Analytics for Organizations
According to a recent Allied Market Research report, the global big data and business analytics market is estimated to grow at a CAGR of 11% to $420.98 billion by 2027. Mountain View-based Treasure Data is a leading player in the market that has had a few ownership changes over the past few years.
>>>Cloud Stocks: Analysis of Everbridge’s xMatters Acquisition
Emergency notifications provider Everbridge (Nasdaq: EVBG) recently announced its first-quarter results that surpassed market expectations. The company continues to invest in acquisitions and partnerships to expand its market presence.
>>>Cloud Stocks: BigCommerce Eyes a Bigger Marketshare Through Walmart Tie-up
E-commerce platform BigCommerce (Nasdaq: BIGC) continued to deliver strong results for the quarter. The company is counting on expanding its partnerships and platform capabilities to make bigger inroads into the market.
>>>Cloud Stocks: Analysis of Coupa’s Pana Acquisition
According to a recent market report, the total spend management software market is estimated to grow at 18% CAGR over to reach $4 billion by 2027. San Mateo-based Coupa (Nasdaq: COUP) is leveraging partnerships and product upgrades to make a bigger impact in this market.
>>>Cloud Stocks: C3.ai Doubles Down on Partnerships
According to an IDC report, the global revenues for the artificial intelligence (AI) market, including software, hardware, and services, are estimated to grow 16% in 2021 to $327.5 billion. The market is expected to grow at a CAGR of 17% to over $550 billion by 2024. Tom Siebel’s C3.ai (NYSE: AI) is capturing this high-growth market through partnerships and product innovation.
>>>Cloud Stocks: Analysis of Bill.com’s Divvy Acquisition
Bill.com (NYSE:BILL), a cloud-based provider of financial services for SMBs, recently announced its third quarter results that surpassed market expectations. Bill.com continues to expand its offerings for the sector through partnerships and acquisitions.
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