Cloud Stocks: Talend Focuses on Data Reliability

According to a recently published report, the global cloud integration software market is expected to grow at CAGR of 12% through 2020 – 2025. Open source integration software vendor Talend (Nasdaq: TLND) recently reported its third quarter results. The company is focusing on expanding its data trust solutions to ensure that its consumers have access to reliable data.

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Cloud Stocks: Proofpoint in the Cyber Attack Aftermath

According to a recent Verified Market Research report, the global email encryption market in the post-COVID-19 scenario is estimated to grow 24% annually to $19.27 billion by 2027 driven by the Bring Your Own Device (BYOD) trend and the continued adoption of cloud services, which has accelerated due to the global pandemic. San Francisco-based Proofpoint (Nasdaq: PFPT) recently announced its third quarter results that surpassed market expectations for the quarter.

Cloud Stocks: New Relic Needs to Accelerate PaaS Strategy

According to a recent report, the global Application Performance Management (APM) industry is expected to grow 11% annually over the next few years to become a $11.2 billion industry by 2027. New Relic (NYSE: NEWR) recently announced its quarterly results that continue to outpace market expectations.

Cloud Stocks: Should Zoom Acquire Smartsheet?

A report published earlier this year expected global team collaboration software market to grow at 13% CAGR from $9.5 billion in 2019. The current pandemic has further increased the adoption of enterprise collaboration solutions. Companies like Smartsheet (Nasdaq: SMAR) are benefitting from this growth.

Cloud Stocks: Data Breach Drives Cloud Security Stocks to Record Highs

Cyber security players have been in the news recently following the SolarWinds security breach at several federal agencies. Analysts believe that the hack “will see a seismic increase in spending” in the coming year and could lead to a $200 billion growth opportunity in cloud security over the next five years. Endpoint security providers and vulnerability management companies like Rapid7 (NASDAQ:RPD) and Tenable (Nasdaq: TENB) are bound to benefit from this growth.

Cloud Stocks: Q2 Holdings at a New High

According to a recent Global Market Insights report, the global digital banking market is estimated to grow at 6% CAGR to $12 trillion by 2026 from $8 trillion in 2019. Total global digital payment transactions exceeded 750 billion in volume in 2019 and accounted for over $700 trillion. The current pandemic conditions have accelerated the need for digital banking among end consumers including commercial customers. Austin-based Q2 Holdings (NYSE: QTWO), a leading cloud-based banking solution provider for regional financial institutions, recently reported its quarterly results and saw its stock soar to 52-week high levels.  

Cloud Stocks: Analysis of ZoomInfo’s Everstring Acquisition

Go-To-Market intelligence provider ZoomInfo (Nasdaq: ZI) had listed earlier this year. Despite the current global conditions, the organization has been investing in acquisitions of other smaller companies to add AI and Machine Learning capabilities to its portfolio.

Cloud Stocks: Analysis of Coupa’s LLamasoft Acquisition

The pandemic conditions have forced all organizations – big and small – to look at their expenses more closely. Organizations are reaching out to business spend management services providers to create efficient financial models. San Mateo-based Coupa (Nasdaq: COUP) is benefiting from its cloud-based model that helps these organizations manage spend. It is also adding AI capabilities to its portfolio to stay ahead of the curve.

Cloud Stocks: Analysis of Pure Storage’s Portworx Acquisition

According to a recent report, the global 3D NAND Flash Memory market size is projected to grow at 21% CAGR to $47.8 billion by 2026 from $15.54 billion in 2020. Mountain View-based Pure Storage (NYSE: PSTG) recently reported its third quarter results that surpassed market expectations. The company is transitioning to a subscription-based model for storage to drive growth.

Cloud Stocks: nCino’s AI Products Help it Soar

Earlier this year, cloud-based FinTech company nCino (Nasdaq: NCNO) went public. nCino helps accelerate digital journeys for financial institutions across the globe and its recent AI-based products are helping its stock soar despite the current turbulent conditions.