SAP (NYSE: SAP) is one ERP player that has successfully adapted itself to the changing market landscape. After proving its mettle within the Cloud/Big Data market with HANA, the company is now gearing up to target the Internet of Things (IoT) segment.
According to a recent research, the global SaaS market is projected to grow 8% annually over the next three years to be worth $67 billion in 2018. In another report, Gartner projects that the global spending on enterprise application software will grow from $149.9 billion in 2015 to $201 billion in 2019 due to the
With the holiday season around the corner, market expectations from retail and e-commerce players normally run high. But eBay’s (Nasdaq: EBAY) recent result announcement delivered a lackluster outlook. Even though it surpassed expectations for the previous quarter, its outlook has disappointed the market, causing the stock to tumble.
The recent quarter results show how Microsoft is getting stronger in the cloud computing space. And it definitely has the potential to come out as a winner, and this has sent its stock to a record high.
Last quarter, Verizon confirmed plans of buying out Yahoo’s (Nasdaq: YHOO) core assets for $4.8 billion. Verizon hopes to build an advertising platform akin to Google and Facebook through the integration of its earlier acquired AOL business with Yahoo. But the recently reported massive email hack on Yahoo is causing Verizon some angst. The only
According to a report by Strategy Analytics, consumer spending in the US on video streaming services is expected to grow 22% by $1.19 billion to $6.62 billion. The report further says that the video streaming market is fast approaching saturation in the US as this will be the first time ever that the dollar increase is
According to a MarketsandMarkets report, the global artificial intelligence (AI) market is estimated to grow at 53.65% annually from $419.7 million in 2014 to $5.05 billion by 2020. The growth in the industry is attributed to the deployment of AI technologies in retail, finance, and healthcare sectors. IBM (NYSE: IBM) is targeting this high growth
According to market reports, the global classifieds market is estimated to grow to $47 billion by the year 2020. Russian player Avito is a Billion Dollar Unicorn club member in the industry.