UiPath Expands AI and Cloud Offerings

According to Gartner, the global Robotic process automation (RPA) software market grew 63.1% in 2018 to $846 million. This was the fastest-growing segment of the global enterprise software market. Gartner expects the market to grow to $1.3 billion this year as organizations continue to meet business demands through digitization efforts.

Featured Videos

Xactly Banks on AI for SPM

According to a recent report, the global sales performance management (SPM) market is estimated to grow 17% annually over the next few years to become a $9.34 billion industry by 2023. San Jose-based Xactly is a leading player in the market that was acquired by Vista Equity Partners in 2017 after it went public in 2015. Despite the upheaval, Xactly has continued to deliver strong growth.

Cloud Stocks: Dropbox on a Rocky Road

Dropbox (Nasdaq: DBX) went public last year, but since then, it has had a tumultuous year. Despite beating analyst expectations on performance, its stock price has fallen. Today, the company is trading at nearly 5% lower than its list price. Analysts aren’t convinced that things will improve soon either.

Cloud Stocks: Coupa Aims for $1B Revenue

San Mateo-based business spend management firm Coupa (Nasdaq: COUP) recently reported a strong second quarter that surpassed estimates. Its stock has more than doubled in value this year.

Cornerstone Counts on Content and Product

According to a Zion Market Research report, the global talent management software market is estimated to grow 10% annually to $10.9 billion industry by the year 2025 from $5.6 billion in 2018. Santa Monica-based Cornerstone OnDemand (Nasdaq: CSOD) recently announced its second quarter results that surpassed market expectations.

Nutanix Banks on Subscriptions and Containers

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) has had a roller coaster year so far. The stock has lost nearly 40% in value since the start of the year. It has been transitioning to a subscription-based model, but the path has not been easy. The recently reported quarterly results surpassed market expectations and helped the stock climb a bit.

Cloud Stocks: MongoDB’s Formula for Success

According to a recent Research and Markets report, the global cloud database and DBaaS market is projected to grow 69% to $320.3 billion by the year 2025. MongoDB, (Nasdaq:MDB) a leading player in the market, recently announced its second quarter results that surpassed the market’s expectations.

Cloud Stocks: Activist Investor Drives Market Interest in Box

According to a recent report published by Allied Market Research, the global cloud storage market is estimated to grow 25% annually over the next few years to reach $97.4 billion by 2022. Box (NYSE: BOX) is driving towards this growth through continued product innovation and market tie-ups.

Cloud Stocks: Anaplan Makes its First Acquisition Post IPO

Since its IPO in October last year, cloud-based enterprise planning services provider Anaplan (NYSE:PLAN) has delivered robust growth. Last month, Anaplan announced its second quarterly results that surpassed market expectations and sent the stock soaring.

Cloud Stocks: The Market Expects a Lot More from Adobe

Earlier this week Adobe (Nasdaq: ADBE) reported its quarterly results that outpaced market expectations. But a weak outlook failed to impress the market and its stock fell 3% post result announcement.