Cloud Stocks: Analysis of Twilio’s Zipwhip Acquisition

According to a Grand View Research market report, the global unified communication as a service market is expected to be worth $38.74 billion this year and is expected to grow at 24% CAGR from 2021 to 2028. Communications PaaS player Twilio (NYSE: TWLO) recently announced its first quarter results that surpassed market expectations. Twilio is expanding its presence through acquisitions and partnerships.

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Cloud Stocks: Wix Goes on an Acquisition Spree

Israel-based Wix.com (Nasdaq:WIX) has seen significant expansion due to the recent Covid crisis. The company recently reported its first quarter results that surpassed market expectations. During the quarter, Wix continued to add capabilities through acquisitions.

Cloud Stocks: GoDaddy Expands Registry Catalog

According to an IBIS World report, web domain name sales in the US are estimated to grow to $3.5 billion in 2021 at a CAGR of 4% over 2016-2021. Internet domain provider GoDaddy (NYSE: GDDY) recently announced its first-quarter results that were a mixed bag.

Global Data Privacy Regulations Help Spur Collibra’s Growth

The global data governance market is expected to grow from $2.1 billion in 2020 to $5.7 billion by 2025 at a CAGR of over 22%. Government regulations around the globe are ensuring that stricter regulations are put in place to govern how data is stored and utilized across organizations. This has helped companies like Collibra establish their presence.

Cloud Stocks: SurveyMonkey Investing in AI and ML Tools

According to a recent Tech Navio report, the global online survey software market is projected to grow at 9% CAGR during 2020-2024 driven by the adoption of online survey tools by the SMB segment. SurveyMonkey (Nasdaq: SVMK) recently reported its first quarter results that surpassed all market expectations. The company is expanding its AI and machine learning solutions to drive growth.

Cloud Stocks: Qualys Expands Endpoint Security Offerings

According to a Markets and Markets report, the global cloud security market is projected to grow at 15% CAGR from $34.5 billion in 2020 to reach $68.5 billion by 2025. Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its first quarter results that surpassed market expectations. The cyber consulting company continues to add product upgrades and partners to expand its market reach.

Cloud Stocks: Alteryx Focuses on the User and Partner Community

According to a Markets and Markets report, the global data science platform market is expected to grow from 30% annually over the next few years to become a $140.9 billion industry by 2024. The market was estimated at $37.9 billion in 2019. Data science and analytics platform provider Alteryx’s (NYSE: AYX) recently announced its stellar quarterly results. The company continues to add to its partner portfolio to drive market expansion.

Cloud Stocks: Amazon’s Ad Revenue on the Rise

Tech giant Amazon (NASDAQ: AMZN) recently reported its quarterly results that surpassed all market expectations. The company is seeing stellar growth within the e-commerce business driven by the global lockdown conditions. But it is not just e-commerce. Amazon continued to upgrade its products and services across the board and is seeing strong market performance across all categories.

Coursera Expands Its Course Content Library

According to recent research, the global e-learning market is estimated to grow from $144 billion in 2019 to $374.3 billion by 2026 at a CAGR of 15%. The current pandemic conditions have also accelerated the demand for online learning courses from educational institutions as well as other organizations. Earlier this year Coursera (NYSE: COUR) listed on the stock exchange. It recently announced its first set of results since it went public.

Facebook Focuses on Audio Capabilities

Earlier this month, Facebook (Nasdaq: FB) announced its first quarter results that surpassed market expectations. The company is focusing on developing its audio services to target the growing competition from other social media players like TikTok and Clubhouse.