Cloud Stocks: Smartsheet Remains Focused on Integrations

According to a recent research report, the enterprise collaboration market is estimated to grow from $36.24 billion in 2020 at a CAGR of 11% annually. Smartsheet (Nasdaq: SMAR) is benefiting from this growth. It continues down its integration-based approach and recently announced several new enhancements to drive market growth.

Cloud Stocks: Analysis of Splunk’s TruStar Acquisition

Big data player Splunk (NASDAQ: SPLK) recently announced its first quarter results that surpassed market expectations. The company is continuing to expand its market presence through acquisitions.

Cloud Stocks: Nutanix Expands Government Vertical Offerings

According to an IDC report, the converged systems market grew a modest 0.2% over the year in the fourth quarter last year. The industry only grew 0.6% during the year. But within the market, the hyperconverged system sales grew 7.4% over the year. Dell remains the leader in the global hyperconverged systems market with a

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Cloud Stocks: Analysis of Palo Alto’s Bridgeview Acquisition

According to a recent market report, the global cyber security market is projected to grow from $162.5 billion in 2020 at 12.5% CAGR to reach $418.3 billion by 2028. Security player Palo Alto Networks (NYSE:PANW) continues to grow in this market through acquisitions.

Cloud Stocks: Anaplan Expands Vertical Offerings

Cloud-based planning software provider Anaplan (NYSE:PLAN) recently reported its first quarter results that failed to meet the market’s expectations on earnings. The company is focusing on expanding its vertical-focused offerings.

Cloud Stocks: Veeva Pushing Forth to $3 Billion by 2025

Pleasanton, California-based Veeva (NYSE: VEEV) recently reported its first full quarter results under its new status of a Public Benefit Corporation. The company continued to outpace market expectations as it delivered a quarter with one of its highest bookings ever.

Cloud Stocks: Workday Gearing up for Post Pandemic IT Spend Increase

Enterprise services provider Workday (NASDAQ: WDAY) recently announced its first quarter results that continued to surpass market expectations. The company has been investing in products that make it easier for app developers to publish apps for expanding Workday’s capabilities.

Cloud Stocks: Salesforce Leverages Mulesoft and Tableau Acquisitions Successfully

Salesforce (NYSE: CRM) recently announced its first quarter results that continued to surpass market expectations. It launched several upgrades recently that focused on adding data analytics capabilities for its product portfolio pushed by its Mulesoft and Tableau acquisitions.