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Technology Stocks
Elastic’s Search Upgrades Ruffle Competition
According to a recent research report by Research and Markets, the global Enterprise Search market is projected to grow from $3.8 billion to $8 billion by 2027 at a CAGR of 11.4%. Elastic (NYSE: ESTC) is a leading player in the open source Big Data search sector that continues to deliver strong results.
>>>Cloud Stocks: Analysis of Fastly’s Signal Sciences Acquisition
According to a MarketsAndMarkets report, the global Content Delivery Network (CDN) market is expected to grow from $14.4 billion in 2020 to $27.9 billion in 2025 at a CAGR of 14%. Fastly (NYSE: FSLY), a leading player in the segment, recently reported its fourth quarter results that surpassed the market’s expectations.
>>>Cloud Stocks: Everbridge Focuses on the Government Sector
Emergency notifications provider Everbridge (Nasdaq: EVBG) recently announced its fourth quarter results that surpassed market expectations. The company continues to invest in product upgrades and has released services geared toward improving government response systems.
>>>Cornerstone OnDemand Banks on Microsoft Partnership to Combat Stiff Competition
According to a recent report, the global Corporate Learning Management System (LMS) market is expected to grow at 23% CAGR to reach $7.6 billion by 2026 from $1.8 billion in 2019. Cornerstone OnDemand (Nasdaq: CSOD) recently reported its fourth quarter results that surpassed market expectations, clearly cashing in on this high growth.
>>>Cloud Stocks: Talend Becomes a Private Firm, Once Again
Open source data integration software vendor Talend (Nasdaq: TLND) recently reported its fourth quarter results that surpassed market expectations. After a five year run on the stock exchange, Talend is now getting ready to go back to being a privately held firm.
>>>Cloud Stocks: Dynatrace Competing with Rivals by Simplifying DevOps
According to a recently published report, the global Application Performance Management (APM) market is projected to grow at 7% CAGR to reach $6.12 billion by 2026 from $3.8 billion in 2019. Dynatrace (NYSE: DT) is a leading player in the market that continues to outpace market expectations.
>>>IPOs 2021: DigitalOcean Goes Public with a Strong ISV PaaS Strategy
According to an IDC report, the global IaaS and PaaS market for individuals and organizations with less than 500 employees is expected to grow at 27% CAGR from $44.4 billion in 2020 to reach $115.5 billion by 2024. New York-based DigitalOcean (NYSE: DOCN) is a leading player in the segment that went public last week.
>>>Cloud Stocks: Zoom Should Report Developer Ecosystem Metrics
It has been more than a year now since the world started working remotely. Online video conferencing services such as those offered by Zoom Video Communications (Nasdaq: ZM) have helped organizations and educational institutions globally manage these unprecedented working conditions. Zoom recently announced its quarterly results that continued to outpace market expectations.
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