Box Revenues Still not Turning into Profits

According to a recent report published by MarketsandMarkets, the cloud storage market size is estimated to grow $23.76 billion in 2016 to $74.94 billion by 2021. That translates to an annualized growth rate of 25.8% over the five-year period.

Billion Dollar Unicorns: C3 IoT Joins the Club

According to a recent report by ReportsnReports, the worldwide market for Internet of Things (IoT) was worth $16.3 billion in 2016. Touted to be the next Industrial Revolution, the IoT market is expected to reach $185.9 billion in 2023. C3 IoT, a market leader in the space, has recently joined the Billion Dollar Unicorn Club.

For AliBaba, it is About Mobile Payments

If there was any worry that the Chinese e-commerce player Alibaba (NYSE: BABA) would be impacted by the result of the Presidential election in the US, it has been laid to rest. Alibaba continues to outperform market expectations and deliver stellar growth. And now, it is shifting gears on its payment affiliate Ant Financial.

IBM Still Awaits Benefits of the Turnaround

For the first time in the last five quarters, IBM (NYSE: IBM) missed revenue expectations for the quarter. The market is understandably unhappy, and the stock has plunged more than 5% in the after-hours trading session.

Netflix Increases Focus on Original Content

According to a recent MarketsandMarkets report, the global video streaming market is estimated to grow from $30.29 billion in 2016 to $70.05 billion in 2021. That translates to an annualized growth rate of 18% over the five-year period. Netflix (Nasdaq: NFLX) is already delivering more than the industry’s growth rate in its revenue growth. But things

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Billion Dollar Unicorns: Zoom Video Communications Enters the Club

According to Gartner, web conferencing will be used for 15% of enterprise voice and video communications by 2019, up from less than 1% in 2016. A rising player in this space is cloud video conferencing service Zoom Video Communications, which recently made it to the Billion Dollar Unicorn Club.

2017 IPO Prospects: Carvana Wants to List, but Will It Follow Beepi to the Scrapyard?

According to the report on used car dealers in the US published by IBISWorld earlier this year, the used car industry is estimated to grow 2.9% annually through the period 2012 through 2017 to $116 billion in revenues. The market has traditionally been dominated by physical dealership stores, but has, as of late, seen several online

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The Recent Presidio IPO Fails to Create Interest

Many expected the Snap IPO earlier this year to help drive more tech Unicorns into the public markets. Some have followed suit and listed, but to rather unimpressive results. One such company is IT solutions provider Presidio.