Cloud Stocks: Coupa Launches PaaS Strategy

According to a recent market report, the Business spend software market is expected to grow at a CAGR of 10.85% to reach $17.79 billion by 2027. Coupa (Nasdaq: COUP), a leading player in the market, recently reported its quarterly results that continue to surpass market expectations.

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Cloud Stocks: Zscaler Focuses on Federal Agencies

Enterprise cloud security company Zscaler (NASDAQ: ZS) recently announced its quarterly results that were labelled as “jaw dropper” results. The company has had a strong run this year with the stock more than doubling within the last twelve months.

Cloud Stocks: Analysis of Salesforce’s Servicetrace Acquisition

Salesforce (NYSE: CRM) recently announced its second quarter results that continued to surpass market expectations. The company recently announced the acquisition of a Germany-based player to enter into the RPA market.

Cloud Stocks: Smartsheet’s Expanding Use Cases

According to a recent Markets and Markets report, the global Enterprise Collaboration Market is expected to grow from $47.2 billion in 2021 to $85.8 billion by 2026 at a CAGR of over 12%. The continuing remote work conditions are helping companies such as Smartsheet (Nasdaq: SMAR) that offer solutions geared to help drive collaboration within organizations.

Cloud Stocks: DocuSign Banks on Agreement Cloud

Recently, eSignature player DocuSign (Nasdaq: DOCU) announced its second quarter results that surpassed market expectations. Analysts have been concerned that as businesses begin to open up, companies like DocuSign will see their growth slow down. But DocuSign’s results appear to be proving otherwise.

Cloud Stocks: Analysis of Bill.com’s Invoice2Go Acquisition

Bill.com (NYSE:BILL), a cloud-based provider of financial services for SMBs, continues to expand its presence through acquisitions. After completing the acquisition of Divvy earlier this year, the company recently announced another acquisition.

Cloud Stocks: MongoDB’s Atlas Capabilities Expand to the Government Sector

According to a recent report, the global database-as-a-service market grew to $12.8 billion in 2020. The market is expected to grow 20% through 2026. MongoDB (Nasdaq: MDB), a leading player in the market, recently reported its second-quarter results that continued to surpass market expectations. Its stock surged 25% to a 52-week high following the results.

Cloud Stocks: Splunk Tackles Decelerating Growth with Product Upgrades

Big data player Splunk (NASDAQ: SPLK) recently announced its quarterly results that surpassed market expectations. But the company’s growth metrics continue to decelerate. It is trying to drive growth through its cloud platform upgrades.

Cloud Stocks: RingCentral Cashing in on the Hybrid Work Environment

According to a recent market report, the global Unified Communication as a Service (UCaaS) market size was estimated to grow from $25.85 billion in 2020 to $69.93 billion by 2028 at a CAGR of 13%. Recently, RingCentral (NYSE:RNG) announced its second quarter results that shattered the market expectations.

Cloud Stocks: Palo Alto Networks Expands Security Capabilities

According to a recent market report, the global cyber security market size is expected to grow to $400 billion by 2027. The growth is expected to be driven by the SMB segment, which will witness a growth of 15% CAGR. Security player Palo Alto Networks (NYSE: PANW) continues to tap into the market through product upgrades and partnerships.