According to Dealogic, there have been just 34 IPOs so far this year, compared to 72. There have been only three tech IPOs so far and the market response has been lukewarm to all but Twilio, which went public last week on the NYSE under the ticker TWLO.
There appears to be a heated race among the top cloud players to get to the $10 billion mark. Salesforce.com has always boasted of how it will be the first company to reach that mark. But in the recent result announcements, its rival Oracle (NYSE: ORCL), proclaimed that it could very well be the first
According to a Global Industry Research report, the Global Application Performance Management (APM) market is estimated to grow to $5 billion by the year 2020. The increasing demand is driven by the growing need of enterprises to gain better business visibility and monitor applications to deliver customer satisfaction and improve operational efficiency. An earlier Markets
Cloud-based storage services provider Box (NYSE: BOX), went public 18 months ago and has since then been trying to improve its valuation. Prior to listing, Box had been valued at $2.4 billion. A year later, the company’s valuation has fallen to just over half that value as the market doesn’t appear too pleased with its loss-making business
According to Gartner, the global customer relationship management (CRM) software market is estimated to have grown 12.3% to $26.3 billion in 2015. SaaS revenue grew 27% year over year, more than double overall CRM market growth in 2015. Salesforce is the largest player with about 20% of the global CRM market. Zendesk and Freshdesk are
According to a RnRMarketResearch.com report published last year, the digital marketing software market is projected to grow 17% annually over the five years to reach $56,613.2 million by 2019. The growth in the industry is attributed to the increasing availability of SaaS-based, cost-effective, and easy-to-deploy products that are helping drive adoption of the tools in
According to eMarketer, worldwide ad spending is expected to reach $674.24 billion by the end of 2020. Mobile ad spending in the US in 2017 is expected to grow to $77.37 billion or 38.4% of total ad spending.
According to an IBIS World report, the payroll and book-keeping services market in the US is estimated to have grown 7.8% annually over the five year period from 2011 through 2016. The researcher estimates the market to be worth $81 billion this year. While ADP is the largest player in the industry with more than