Cloud Stocks and PaaS: Which SaaS Players Will Win in PaaS

At the end of 2020, I wrote Big Idea 2021: SaaS Companies Will Create 10 Million Jobs with the central thesis that SaaS players would evolve into PaaS to create deeper moats around their core market positions and gain access to the related force multiplier.

To recap on the assumptions:

• IF 1000 SaaS companies open up their platforms as a service, PaaS, as Salesforce.com does, by 2025
• IF each platform lets startups sell through its marketplace, as Salesforce.com does, by 2025
• IF each platform empowers 1000 startups to build on its stack by 2025

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Cloud Stocks: The Key to PagerDuty’s API Strategy

According to an Allied Market Research report, the global DevOps market is estimated to grow at 19% CAGR to $9.4 billion by 2023. San Francisco-based PagerDuty (NYSE: PD) recently announced its results that impressed the market. The company is counting on expanding its integration with Amazon and other tech services providers to gain a bigger share in the market.

Cloud Stocks: Lemonade and Root Disrupting the Insurance Industry

Insurance is one of the largest industries in the world. Property, casualty, and life insurance premiums amount for nearly $5 trillion globally, and account for 11% of the GDP in the United States. Given the regulations and the financial risks involved in the industry, most insurance players are large, enduring businesses. In the United States alone, 12 of the Fortune 100 companies are insurance companies, with an average age of about 125 years. But the industry is no longer immune to digital transformation. Lemonade (NYSE:LMND) and Root (NASDAQ: ROOT) are two InsureTech players that went public in 2020.

Cloud Stocks: Medallia Continues to Acquire

According to a Verified Research Market report, the global customer experience management market is expected to grow at 17% CAGR to $17.5 billion by 2027. Analysts believe that the increased demand for personalized experience by customers across different industries and the adoption of technological advancements within cloud, big data analytics and AI will help drive this growth. Medallia (NYSE: MDLA) announced its fiscal third quarter results last month and the company is leveraging acquisitions and integrations to meet the growing demand.

Cloud Stocks: Talend Focuses on Data Reliability

According to a recently published report, the global cloud integration software market is expected to grow at CAGR of 12% through 2020 – 2025. Open source integration software vendor Talend (Nasdaq: TLND) recently reported its third quarter results. The company is focusing on expanding its data trust solutions to ensure that its consumers have access to reliable data.

Cloud Stocks: Proofpoint in the Cyber Attack Aftermath

According to a recent Verified Market Research report, the global email encryption market in the post-COVID-19 scenario is estimated to grow 24% annually to $19.27 billion by 2027 driven by the Bring Your Own Device (BYOD) trend and the continued adoption of cloud services, which has accelerated due to the global pandemic. San Francisco-based Proofpoint (Nasdaq: PFPT) recently announced its third quarter results that surpassed market expectations for the quarter.

Cloud Stocks: New Relic Needs to Accelerate PaaS Strategy

According to a recent report, the global Application Performance Management (APM) industry is expected to grow 11% annually over the next few years to become a $11.2 billion industry by 2027. New Relic (NYSE: NEWR) recently announced its quarterly results that continue to outpace market expectations.

Cloud Stocks: Should Zoom Acquire Smartsheet?

A report published earlier this year expected global team collaboration software market to grow at 13% CAGR from $9.5 billion in 2019. The current pandemic has further increased the adoption of enterprise collaboration solutions. Companies like Smartsheet (Nasdaq: SMAR) are benefitting from this growth.