Cloud Stocks: Snowflake Exploring AI for Data Warehousing Capabilities

According to a recent report, the Global market for Cloud Data Warehouse is forecast to grow at 16% CAGR to reach $3.5 billion by 2025. San Mateo-based Snowflake (NYSE: SNOW) is a leading player in the market that is focusing on expanding its AI capabilities within the data warehouse space.

Featured Videos

Cloud Stocks: ON24 Should Look at Consolidating MarTech SaaS

According to analysts, marketing technology (MarTech) will be a key driver for recovery in the current pandemic market conditions. A Gartner study reveals that more than 60% of the leaders are looking to invest in marketing related technologies in the current year. San Francisco-based ON24 (NYSE:ONTF) is a leading player within the space that went public earlier this year. Despite the current turbulent times, the company reported stellar results.

Cloud Stocks: Analysis of Box’s Acquisition of SignRequest

With the global lockdown conditions continuing, the global content and collaboration services player Box (NYSE: BOX) is delivering strong performance. It recently also announced several product upgrades and acquired a digital signature technology firm to announce its foray into the digital signature market.

Cloud Stocks: IBM’s Transition to a Hybrid Cloud and AI Company

The current pandemic has accelerated the need of all organizations to implement their digital transformation strategies. IBM (NYSE: IBM) is benefitting from this accelerated pace of transition. The company recently reported its first-quarter results that surpassed market expectations.

Cloud Stocks: Analysis of Crowdstrike’s Humio Acquisition

According to a recent Mordor Intelligence report, the global endpoint detection and response (EDR) market is expected to grow from $1.81 billion in 2020 to $6.90 billion by 2026, at a CAGR of over 25%. The global pandemic has accelerated the need for endpoint security services and enterprises are increasingly adopting more decentralized and edge-based security techniques. Endpoint security players like CrowdStrike (NASDAQ: CRWD) are benefitting from this adoption.

Cloud Stocks: Sumo Logic Counts on Acquisition and Product Upgrades

According to a recent Research and Markets report, the global market for Big Data is estimated to grow at a CAGR of 19% from $70.5 billion in 2020 to reach $243.4 billion by 2027. Redwood City-based Sumo Logic (NASDAQ: SUMO) is helping organizations manage structured and unstructured data from application infrastructure and mobile sources to become among the most powerful machine data analytics services in the world.

Cloud Stocks: Alarm.com’s Product and Partner Portfolio Helps Address Competition

According to a Fortune Business Insights report, the global smart home market size is projected to grow at 29% CAGR to reach $622.59 billion by 2026. Virginia-based Alarm.com (NASDAQ: ALRM) is investing in product upgrades to cater to this growing demand.

Cloud Stocks: Bill.com Expanding Payment Offerings for Small Businesses

The current pandemic conditions have helped accelerate the adoption and usage of digital transformation tools even across the SMB segment. Smaller businesses are leveraging services such as those provided by Bill.com (NYSE:BILL) to automate their financial operations. Bill.com’s platform is helping facilitate over $10 billion of B2B payments each month and is becoming a mission-critical tool for these businesses.

Cloud Stocks: PagerDuty Sees Market Expand Beyond ITOps

According to a report published by IndustryArc, the global DevOps market is forecast to grow at 25.2% CAGR to reach $12.5 billion by 2025 driven by the increased need for faster application delivery, high productivity of business and to eliminate unnecessary capital expenditure in IT. San Francisco-based PagerDuty (NYSE: PD) announced its results recently that impressed the market.

ThoughtSpot Leverages Artificial Intelligence to Make Business Intelligence Valuable

According to a MarketsAndMarkets report, the global business intelligence (BI) market is expected to grow at a CAGR of 7.6% to reach $33.3 billion by 2025. Sunnyvale-based ThoughtSpot is among the leading players in the market that hopes to make analytics easier for all users.