In December last year, hyperconverged storage provider and Billion Dollar Unicorn club member Nutanix filed to go public. The company was expecting to go public earlier this year. But given the weak market conditions, it has still not listed. Many in the technology sector are waiting for it to go public to determine what the
Open source integration software vendor Talend has gone against the trend. In what has been seen as a tough market for IPOs, Talend had a strong IPO. It opened trading on the NASDAQ exchange under the ticker TLND at $27.66 after pricing its IPO at $18 and raising $94.5 million.
According to a Gartner report published earlier this year, the global cloud application services, which consists of Software-as-a-Service (SaaS) offerings, is expected to grow 20% this year to $37.7 billion. The market is estimated to have grown 16% in 2015 to $31.4 billion. This growth is attributed to the shift in the models of software vendors
The flash sales or discount sites sector was once a cool sector that saw several billion dollar unicorns like Groupon, Gilt Groupe, LivingSocial, and Zulily. But as the sector’s appeal fades, these unicorns are turning into unicorpses*. The latest addition to the unicorpse list is One Kings Lane, which was recently bought by Bed, Bath
According to eMarketer, 15 million US adults are expected to use ride-sharing services, a 20.5% y-o-y increase. However, the sector is maturing with no more booming growth rates. While the segment is expected to grow through 2020, the rate of growth is expected to shrink to single digits by 2018.
According to a MarketsandMarkets report, the cyber security market is projected to grow 10.6% annually over the next five year period to be worth $202.36 billion by the year 2021. The industry is estimated to be worth $122.45 billion this year. The report projects the highest growth in the application security market.
According to market research firm Packaged Facts, the US meal kit delivery services market is estimated to grow to $1.5 billion in sales this year. The researcher predicts that the industry will grow to a multi-billion dollar market over the next five years. New York-based Blue Apron is estimated to be the market leader in the
According to a MarketsandMarkets report published last year, the global healthcare analytics market is projected to grow 26.5% annually over the five year period to be worth $18.7 Billion by 2020. The industry was estimated to be worth $5.8 billion in 2015. North America has the largest market in the Big Data healthcare market due