Cloud Stocks: Analysis of ServiceNow’s G2K Acquisition

Earlier last week, ServiceNow (NYSE:NOW) reported its second quarter results that continued to surpass market expectations. Like everyone else, ServiceNow is also stepping up its efforts within the AI space and announced several new features along with an acquisition.

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Cloud Stocks: All Eyes are on Microsoft’s AI Bet

Earlier this week, Microsoft (Nasdaq: MSFT) announced its fourth quarter results that continued to outpace market expectations. But a weak outlook failed to impress the market, and the stock fell 3% in the after-hours trading session.

Netflix Explores Various Monetization Options Including Ads

Earlier last week Netflix (Nasdaq: NFLX) reported a mixed bag second quarter performance. The company continues to drive revenue through improved monetization practices globally.

Cloud Stocks: Analysis of IBM’s Apptio Acquisition

IBM (NYSE: IBM) recently announced mixed results for its second-quarter. The company continues to grow through acquisitions and recently bought Apptio, a Unicorn player whose founder I had spoken with a few years ago. 

H2O.ai Makes AI Approachable to Enterprises

According to a recent report, the global artificial intelligence (AI) market is expected to grow at 37% CAGR from $136.55 billion in 2022 through 2030. The growth in the industry is expected to be driven by the continued research and innovation by tech giants who are helping increase the adoption of this technology in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing. H2O.ai is a leading player in the run to get enterprises comfortable with the AI revolution.

People.ai Leverages AI for Enterprise Sales

According to a Gartner report, by 2025, 70% of all B2B seller-buyer interactions will be recorded or analyzed to extract competitive, deal, and market insights using AI/ML and natural language processing (NLP). By 2025, 75% of B2B sales organizations are expected to replace traditional sales playbooks with AI-based guided selling solutions. Sales force automation platforms such as People.ai are helping drive these sales teams by building and leveraging AI/ML and NLP technologies.

Cloud Stocks: MongoDB Accelerates Atlas Enhancements for Developers

According to a recent report, the Cloud Database and DBaaS Market grew at 11% CAGR from 2019 to 2022. It is expected to grow at 15% CAGR to reach $40 billion by 2029 from $16 billion in 2022. MongoDB (Nasdaq: MDB) recently reported its first-quarter results that surpassed market expectations.

Cloud Stocks: Oracle Partners with Cohere for Generative AI

Oracle (NYSE: ORCL) recently reported its fourth-quarter results that managed to surpass the market’s expectations. Like all other technology players today, Oracle is also gearing up its product offerings to address the growing demand for AI-capable solutions.

Cisco Leverages Generative AI Capabilities Across its Portfolio

Global networking solutions provider Cisco (Nasdaq: CSCO) recently announced its second quarter results that outpaced market expectations. Cisco continues to focus on providing solutions for the hybrid workspace and leveraging generative AI capabilities into its existing offerings portfolio.

Cloud Stocks: Okta Amps up Product Offerings

According to a recent report, the global identity and access management (IAM) market $15.93 billion in 2022 and is projected to grow at 13% CAGR from $15.93 billion in 2022 to 2030. Recently, Okta (NASDAQ: OKTA) reported its second quarter results that outpaced market expectations.