According to security advisory firm SSP Blue, global spending on information security grew 5% in 2015 to $75 billion. Another report estimates the market to grow nearly 10% annually over the next five years to be worth $170 billion by 2020. Emeryville, California-based Tanium is making big moves in this fast-paced market.
Last week, cloud-based storage services provider Box (NYSE: BOX) announced its fiscal 2016 revenues. The company may have beat the Street’s forecast, but the market is still cautious with its valuation. The company’s valuation plunged to less than half after it went public early last year. Things haven’t looked much better since with the stock
According to IDC, the worldwide converged systems market revenue increased 6.2% to $2.5 billion in 3Q 2015. Hyperconverged systems sales grew 155.3%, generating more than $278.8 million in sales or 10.9% of the converged systems market. Riding on this high growth, hyperconverged systems vendor SimpliVity has managed to make it to the Billion Dollar Unicorn
According to an eMarketer report published last year, global social network ad spending was estimated to grow from $17.85 billion in 2014 to $25.14 billion in 2015. By 2017, this market is expected to grow to $41 billion. While Facebook, Twitter, and LinkedIn dominate the market with more than 75% share, others are also gaining
According to an IBISWorld report, the licensed sports apparel market in the US is estimated to have grown 6% annually over the period 2010 through 2015 to be worth $8.3 billion. The industry has been dominated by traditional players like Dick’s Sporting Goods and Sports Authority. Last week, Sports Authority announced that it was going
According to eMarketer, the total value of mobile payment transactions in the US will grow 210% this year to $27.05 billion. eMarketer estimates that mobile payments in 2015 in the US were worth $8.71 billion, with users spending an average of nearly $376 annually using mobile devices as a payment method. By 2019, mobile payment
This was the first quarter that HP reported its financials as two separate entities – Hewlett Packard Enterprise Co. (NYSE: HPE) and HP Inc. (NYSE: HPQ). Despite the split and the company managing to surpass market expectations, HP doesn’t appear to be doing anything radical to beat the declining trends in the industry.
According to Gartner, worldwide spending on information security in 2015 was expected to reach $75.4 billion, up 4.7% over 2014 driven by government programs, increased legislation and high-profile data breaches. A MarketsandMarkets report expects the global cyber security market to grow at a CAGR of 9.8% to reach $170.21 billion by 2020. CloudFlare, which entered