Tax software provider Intuit (NASDAQ: INTU) recently announced its first quarter earnings that surpassed market expectations. Despite the COVID crisis, Intuit has invested in small businesses, and the investment is paying off.
>>>According to a Market Data Forecast report published earlier this year, the global cloud-based contact center market is estimated to grow at 26% CAGR to reach $31.25 billion by 2025. Five9 (Nasdaq: FIVN), a leading provider of cloud software for contact centers, recently announced its quarterly results that surpassed market expectations.
>>>According to a Grand View Research market report, the global unified Communication as a Service market valued at $31.52 billion in 2019 is expected to grow at 23.5% from 2020 to 2027. Leading player RingCentral (NYSE:RNG) is benefitting from the current COVID-induced work from home conditions and reaping the benefits of strategic partnerships that it had entered into earlier.
>>>The current pandemic conditions are driving accelerated digital transformation across organizations. IDC expects more than $1 trillion to be invested in data-related transformation initiatives. Data science and analytics platform provider Alteryx’s (NYSE: AYX) easy-to-use platform is helping accelerate digital transformation journeys for the organizations.
>>>Tech giant SAP (NYSE: SAP) announced its third quarter results last month that failed to impress the market. Its weak outlook, driven by the impact of COVID-19, sent its stock falling 21% in a single day – a record decline in the past 25 years.
>>>Ecommerce platform BigCommerce recently reported results of a strong third quarter driven by 82% growth in its partner and services revenue (PSR). It went public in August this year on the NASDAQ under the ticker BIGC.
>>>Communications PaaS player Twilio (NYSE: TWLO) continues to see stellar results amid the current pandemic. The company continues to invest wisely in product development and even acquisitions.
>>>According to an Allied Market Research report, the global complaint management software market was estimated to grow at 11% CAGR to reach $8.3 billion by 2026. Leading player Zendesk (NYSE: ZEN) recently announced its third quarter results that continue to outpace market’s forecast as the company invests in building its partner ecosystem to drive growth.
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