According to a MarketsandMarkets report, the global sales performance management market that includes software and services is estimated to grow 18% annually to be worth $5.62 billion by 2020. The market was estimated to be worth $2.48 billion in 2015.
According to research firm Apps Run the World, the top 10 ERP software vendors accounted for nearly 28% of the global ERP applications market. Overall, the global ERP applications market was estimated to be worth $82.1 billion in license, maintenance, and subscription revenues in 2015. In 2015, SAP (NYSE: SAP) was the leader in the market
After a less than impressive performance last quarter, data analytics firm Tableau (NYSE: DATA) reported stellar results for the recently reported quarter. The company continues to focus on driving product innovation to help surpass market competition.
Amazon (Nasdaq: AMZN) has reported its seventh straight quarter of profit and beat earnings estimates. All this, thanks to its hugely profitable cloud segment, Amazon Web Services (AWS).
Facebook (Nasdaq: FB) is the undisputed king of social media. But it had a rough end to the year due to the uproar about fake news. The company was accused of spreading hoax news that was a big catalyst in getting Donald Trump elected as the US President despite all odds. Facebook may still not
ServiceNow (NYSE: NOW) recently reported results that surpassed all market expectations. The company attributes the growth to a successful platform strategy, and rightly so.
Alphabet (Nasdaq: GOOG) recently announced its fourth quarter results. While revenues surpassed market expectations, the earnings were a miss due to accounting policy changes. But the market has been forgiving to Alphabet given the huge strides it is making in non-search areas.
Microsoft (Nasdaq: MSFT) recently announced its first quarter results that surpassed market expectations and proved to the world its agility. Like I said earlier, it maybe the dark horse in the race, but it is certainly taking the right strides.