IPOs 2021: Freshworks Focuses on PaaS Capabilities

I have followed Freshworks (Nasdaq: FRSH) from the days when its founder, Girish Mathrubootham, met me in 2011 at a TiE Chennai event. I have always seen potential in its offerings. Freshworks, nee Freshdesk, has come a long way since then. What began as a CX offering, has expanded to employee and IT support, to messaging and cloud telephony, and to a unified customer vision that leverages platforms, AI and ML capabilities. Freshworks went public earlier this year, and recently it announced its very first quarterly results since hitting that milestone.

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IPOs 2021: Amplitude Focuses on Digital Optimization

Unlike most companies that go for a standard IPO process, digitization optimization services provider Amplitude (Nasdaq: AMPL) recently listed on the stock exchange through the direct IPO listing. Its IPO has been received well, and despite the market turbulence, the stock has been rising.

Cloud Stocks: Splunk Expands Partner Capabilities

Big data player Splunk (NASDAQ: SPLK) continues to expand its PaaS capabilities by adding to its partner offerings. The company recently announced its quarterly results that surpassed market expectations.

Cloud Stocks: Veeva Eyes Data Cloud

Healthcare cloud computing player Veeva (NYSE: VEEV) recently announced its quarterly results that continued to surpass market expectations. The company is eyeing the Data Cloud sector where it is seeing some traction.

Cloud Stocks: Qualys Expands Solutions to Address Ransomware

The Global Cloud Security Market is estimated to grow at 14% CAGR to $67.6 billion by 2026 from $34.8 billion in 2021. Cloud security services provider Qualys (Nasdaq: QLYS) recently announced its quarterly results that continued to surpass market expectations.

Cloud Stocks: Analysis of Salesforce’s LevelJump Acquisition

Salesforce (NYSE: CRM) recently announced its third-quarter results that continued to surpass market expectations. The company is banking on acquisitions and partnerships to continue to drive its stellar growth.

IPOs 2021: Couchbase Goes Public in Crowded Database Market

The global NoSQL market size is projected to grow at 28% CAGR to reach $13.6 billion by 2027 from $2.3 billion in 2020. Couchbase (Nasdaq: BASE), a leading vendor in the market, went public earlier this year.

IPOs 2021: monday.com’s Workflow Platform Targets $87.6 Market Opportunity

According to IDC, 65% of global GDP is expected to be digitized by 2022, driving over $6.8 trillion in global spending on digital transformation from 2020 to 2023. As organizations digitize their workstreams, activities that were earlier performed in physical environments, and those that were already digital, need to be continuously re-engineered to drive faster speed and higher efficiency. Israel-based monday.com (Nasdaq: MNDY), which recently went public, provides cloud-based solutions to drive this digitization.

Cloud Stocks: Pure Storage Partners with Microsoft Azure to Address Chip Shortage Concerns

The global NAND Flash Memory market is expected to grow from $18.5 billion in 2020 at 22% CAGR to $74.3 billion market by the end of 2027. Mountain View-based Pure Storage (NYSE: PSTG) recently reported its quarterly results that continued to outpace market expectations.

Cloud Stocks: Wix Focuses on Fitness Services Providers

The global market for Website Builders is projected to grow 8% annually to $2.62 billion by 2027. Israel-based Wix.com (Nasdaq:WIX), a leading player in the market, is helping deliver vertical-focused offerings to several businesses.