Cloud Stocks: Anaplan Expands AWS Relationship

Cloud-based planning software provider Anaplan (NYSE:PLAN) recently reported its third-quarter results that outpaced market expectations for the quarter. The company announced a deep integration with AWS as it works on expanding its market presence.

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Zscaler’s Expanding Offerings Cater to Cyber Warfare

The recent attack by Russia on Ukraine has heightened the interest in cyber security players. Enterprise cloud security company Zscaler (NASDAQ: ZS) is one such player that is expected to see an increased market interest in its products. The company recently reported its second-quarter results that continued to outpace market expectations.

Palo Alto Networks Likely To Benefit in Cyber Warfare

According to a recent market report, the global cyber security market is expected to grow at 12% CAGR from $165.78 billion in 2021 to reach $366.1 billion by 2028. The growth is expected to be driven by the increased adoption of e-commerce platforms, the growing integration of machine learning, internet-of-things (IoT), and cloud solutions. Security player Palo Alto Networks (NYSE:PANW) recently announced its quarterly results that surpassed market expectations.

IPOs 2021: Backblaze Helps Simplify Cloud Data Backup

According to a recent market report, the global cloud storage market is projected to grow from $76.43 billion in 2021 to $390.33 billion in 2028, translating to an annualized growth rate of over 26% during the forecast period. Backblaze is a leading player in the market that recently went public.

Analysis of Alteryx’s Trifacta Acquisition

The global big data analytics market is expected to grow at 13% CAGR to reach $549.73 billion by 2028 from $206.95 billion in 2020. Data science and analytics platform provider Alteryx (NYSE: AYX) recently announced its fourth quarter results that continued to outpace market expectations.

Cloud Stocks: Wix Simplifies App Creation

Israel-based Wix.com (Nasdaq:WIX) recently announced its fourth quarter results that failed to meet the market’s expectations. The company continues to release new products and services to help small businesses expand their online presence.

Cloud Stocks: Shopify Emerges as a Covid Beneficiary with Stellar Results

Ontario-based Shopify (NYSE:SHOP) continues to deliver stellar results. It was a strong year for the company that saw record number of merchants and value of transactions on its platform. The company continues to build its platform to cater to the emerging demands of global merchants.

Qualys Focuses on Product Expansion for Growth

Earlier this month, cloud services security provider Qualys (Nasdaq: QLYS) 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.

Cloud Stocks: Zendesk Rejects Private Equity Buyout Offer

Complaint management solutions provider Zendesk (NYSE: ZEN) recently announced its fourth-quarter results that continue to outpace the market’s estimates. Zendesk recently also received an offer of acquisition from private equity firms, which it rejected. The company believes that it has a significant market opportunity that it can address as a public player.

Cloud Stocks: Freshworks Targets IT Operations Management Market

Recently listed Freshworks (Nasdaq: FRSH) announced its fourth-quarter results. The company is now targeting the $34 billion IT operations management market for its next round of growth.