Model N Looks to the Cloud

According to a recent research report, the global revenue management market is estimated to grow 17% annually to $31 billion by the year 2025. Model N (NYSE: MODN) is a leading player in the industry that has focused its efforts on certain key verticals. Its commitment to the verticals helped it survive the dot-com bubble. The company has recently been transitioning to the cloud, and initial results are well liked by the market.

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Cloud Stocks: Blackbaud Acquires YourCause to Grow Addressable Market

According to a survey by NetChange on technology use by the not-for-profit sector, only a modest 11% of the nonprofit organizations feel that their approach to digital technology is effective. Nonprofits need specialized consulting, direction, and, at times, tools to manage their businesses effectively. Blackbaud (Nasdaq: BLKB) is one player who has remained focused on helping nonprofits reap the benefits of cloud technology.

Cloud Stocks: Oracle Brags About Autonomous Database

Oracle (NYSE: ORCL) recently announced its first quarter results and the market is not at all impressed. The continued slowdown of revenue growth in the past few quarters coupled with the news that its co-CEO Mark Hurd was taking an indefinite leave of absence due to an illness did not go down well with the market. The stock fell nearly 5% following the result announcement.

Zscaler Punished for Weak Outlook

According to a Grand View Research report published earlier this year, the global cyber security market is estimated to grow 10% annually to reach $300.32 billion by 2025 from $139.67 billion in 2017. Enterprise cloud security company Zscaler (NASDAQ: ZS) beat analyst estimates for the fourth quarter but its weak outlook for FY2020 sent its stock tumbling.

Cloud Stocks: DocuSign Focuses on the Mortgage Sector

According to an Allied Market Research report, the global digital signature market is estimated to grow 30% annually over the next few years to reach $3.44 billion by 2022. DocuSign (Nasdaq: DOCU), a leading player in the segment, recently announced its quarterly performance that missed the market expectations. However, it made up for it by announcing a stellar outlook that sent the stock soaring.

Cloud Stocks: Palo Alto Networks Targets the IoT Security Market

According to a Grand View Research report published earlier this year, the global cyber security market is estimated to grow 10% annually to reach $300.32 billion by 2025 from $139.67 billion in 2017. Leading player Palo Alto Networks (NYSE:PANW) recently announced its fourth quarter results.

Okta was a Casualty in the Cloud Computing Stock Slump

According to a recent Zion Market Research report, the global Identity and Access Management Market is estimated to grow 12.8% annually to reach $23.38 billion by 2025 from $10.12 billion in 2018. Okta (Nasdaq: OKTA), a leading player in the industry, recently announced its second quarter results that continued to outpace market expectations. But the recent volatility in the stock market sent the stock tumbling this week.

Talend’s Focus on the Cloud Fails to Raise the Stock

According to a report by MarketsandMarkets, the global cloud integration market is estimated to grow 13.7% annually to $12.24 billion by the year 2022. The growth in the industry is estimated to be driven by the growing demand for tools that can integrate several heterogeneous data sources and the rise of cloud computing that is resulting in the need for effective data integration tools and practices. Open source integration software vendor Talend (Nasdaq: TLND) is a leading player in this market that continues to tap into cloud-based offerings.

Cloud Stocks: Salesforce Continues its Shopping Spree

According to Gartner, worldwide spending on customer experience and relationship management (CRM) software grew 15.6% to reach $48.2 billion in 2018. Salesforce (NYSE:CRM), which is the leader in the CRM market with 19.5% share, recently reported a strong quarter and raised its forecast following its recent acquisitions.

Cloud Stocks: Smartsheet Tapping into the Government Sector

According to Forrester and IDC, the total addressable market for collaborative applications and project/portfolio management is estimated to grow to more than $31.5 billion by 2021. Seattle-based Smartsheet (Nasdaq: SMAR) recently announced its second quarter results that continued to outpace market expectations.