Cloud Stocks: Qualys Focuses on SMB Segment for Growth

According to a recent report, the global cloud security market is estimated to grow at 14% CAGR to reach $77.5 billion by 2026 from $40.8 billion in 2022. Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its fourth quarter results that surpassed market expectations. The company is continuing to invest in product development as it tries to expand its market reach.

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Cloud Stocks: MongoDB Expands its Cloud IaaS Capabilities

The global database-as-a-service market is expected to grow at 15.7% CAGR from $13.5 billion in 2022 to $43.1 billion by 2030. MongoDB (Nasdaq: MDB), a leading player in the market, is looking to address this growing market by expanding its tie-ups with various cloud players.

Cloud Stocks: Oracle’s New Release Focuses on Developers

Oracle (NYSE: ORCL) recently reported its second quarter results that were in line with the market’s expectations. The company is focusing on making its products more focused on developers to improve its product adoption.

Cisco Leverages AI for Hybrid Work Environments

Global networking solutions provider Cisco (Nasdaq: CSCO) announced its second quarter results that outpaced market expectations. Cisco is focusing on the hybrid workspace by adding AI capabilities into its existing offerings portfolio.

Cloud Stocks: Okta Focuses on Finance Integrations

According to a recent report, the global identity access management market is expected to grow at 12.6% CAGR from 2023 to 2030. The market was estimated at $15.93 billion in 2022. Corporate identity management software company Okta (NASDAQ: OKTA) recently reported its fourth quarter results that continued to outpace market expectations.

Analysis of Zscaler’s Acquisition of Canonic Security

Cloud security provider Zscaler (NASDAQ: ZS) recently reported its quarterly performance that outpaced market expectations. Zscaler is seeing delays in the closing of big deals and expects its billings to slow down in the near future. But it continues to grow in the current economic conditions through acquisitions.

Cloud Stocks: Adobe Beta Launches its Generative AI Tool – the Firefly

Adobe (NASDAQ: ADBE) recently reported its first quarter results that outpaced market expectations. Adobe is also venturing into the AI space with the release of its Generative AI engine – the Firefly.

Cloud Stocks: DocuSign is Building on AI and Self Serve Capabilities

According to a recent report, the global digital signature market is expected to grow at 35% CAGR to $48.4 billion by 2030. DocuSign (Nasdaq: DOCU) recently announced its fourth quarter results that surpassed market expectations.

Cloud Stocks: Analysis of Veeva CRM’s Split from Salesforce

Veeva (NYSE: VEEV) recently reported its fourth quarter results that continued to surpass all market expectations. Last December, Veeva had announced plans to shift its CRM platform from Salesforce to Veeva Vault. Analysts are treating the migration as an opportunity for Veeva as it barrels towards its next milestone year.

Cloud Stocks: Salesforce’s Einstein GPT Leverages Generative AI Capabilities for CRM

Salesforce (NYSE: CRM) recently announced its fourth quarter results that continued to surpass market expectations. It is focused on improving its profitability, and like other tech players, announced layoffs. But the better than anticipated results and the strong outlook sent its stock soaring 16% in the after-hours trading session.