IPOs 2021: Analysis of GitLab’s Opstrace Acquisition

According to a recent report, the global DevOps Platform market is projected to grow 20% from $6.7 billion in 2021 to $26.37 billion by 2028. GitLab (Nasdaq:GTLB) is a leading provider of DevOps solution in the market that recently went public.

Featured Videos

Cloud Stocks: Newly Public HashiCorp Focuses on a $73B Infrastructure-as-a-Code Market

According to an IDC report, the global public cloud services market is expected to grow to $676.1 billion by 2024. Within the market, infrastructure, security, networking, and applications markets are estimated to grow from $41.7 billion in 2021 to $72.5 billion by 2026. San Francisco-based HashiCorp is a leading player in the market that recently went public.

Duolingo Benefits from Google Play Fee Reduction

Language learning service provider Duolingo (Nasdaq: DUOL) recently announced its fourth-quarter results. The company had listed last summer, but has failed to maintain its list price since. It continues to invest in growth by building on its content and user engagement strategy and believes that it can compete with other media streaming players as well. The recent app store price cut is expected to help Duolingo significantly.

Cloud Stocks: Nutanix Plans to Take on VMWare

According to a report by Market Research Future published last year, the Hybrid Cloud market is estimated to grow at 23% CAGR to reach $173.33 billion by 2025. Enterprise cloud computing player Nutanix (Nasdaq: NTNX) is helping organizations migrate to these multi-cloud environments by improving its product and partner capabilities.

Cloud Stocks: Okta’s Widening Losses Worry Investors, But Growth Metrics Remain Strong

According to a recent report, the global identity and access management market is estimated to grow ar 14.5% CAGR from $13.41 billion in 2021 to reach $34.52 billion by 2028. Corporate identity management software company Okta (NASDAQ: OKTA) recently reported its fourth-quarter results that surpassed market expectations. But the outlook of bigger than expected losses did not please the market.

Cloud Stocks: Salesforce Slows Down M&A to Focus on Integration

Salesforce (NYSE: CRM) recently announced its fiscal fourth-quarter results that continued to surpass market expectations. Despite margin headwinds due to currency pressures and integration of its acquisitions, the company continues to expand across all financial metrics.

Cloud Stocks: Analysis of Veeva’s Veracity Acquisition

According to a Mordor Intelligence report, the healthcare cloud computing market is expected to grow at 14% CAGR to reach $71.730 billion by 2027 from $33.4 billion in 2021. Veeva (NYSE: VEEV) recently reported its fourth-quarter results that continued to surpass all market expectations.

Cloud Stocks: BigCommerce Rides on TikTok’s Growth

Ecommerce platform BigCommerce recently reported its fourth-quarter results that outpaced market expectations. The company is looking to tap into the growing social commerce market to help its customers expand their market reach.

Cloud Stocks: RingCentral Maintains Market Share Leadership in UCaaS Through Partnerships

The global pandemic accelerated the growth of the Unified Communication-as-a-Service (UCaaS) market with vendors like Microsoft and Zoom seeing improvement in their market share. In 2020, the UCaaS subscriber base of both Microsoft and Zoom grew to over 1 million users each. But RingCentral (NYSE:RNG) remained the market leader with a 20% market share.

Cloud Stocks: ON24 Builds a Partner Network

According to a recent report, the global digital experience platform (DXP) market is estimated to grow 12% annually from 2021 to 2028 from $9.20 billion in 2020, driven by organizations looking to deliver integrated, personalized, and optimized user experience and engagement across marketing channels. San Francisco-based ON24, a leading player within the space, recently reported its quarterly results that surpassed market expectations.