Zendesk and Freshdesk Count on Building their Partner Ecosystems

According to an Allied Market Research report, the global complaint management software market was estimated to grow at 11% CAGR to reach $8.3 billion by 2026. Leading player Zendesk (NYSE: ZEN) recently announced its third quarter results that continue to outpace market’s forecast as the company invests in building its partner ecosystem to drive growth.

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Cloud Stocks: Akamai Investing in 5G Security Solutions

According to a recent Research and Markets report, the global 5G security market is expected to grow to $6.5 billion by 2025. Infrastructure security will be the fastest growing segment and will grow to $2.6 billion by 2025. Akamai (NASDAQ: AKAM), is realizing the importance of the market and is investing in partnerships and acquisitions to cater to this industry.

Cloud Stocks: HubSpot Rethinks Pricing Model to Support Businesses

Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its third quarter results that continued to surpass market expectations. Besides product enhancements, HubSpot has been revamping its pricing model to make its offering more attractive to customers, especially during current uncertain times.

Cloud Stocks: Analysis of Shopify’s Long Term Strategy

Ontario-based Shopify (NYSE:SHOP) continues to deliver stellar results. The company continues to add several new features to its platform to help merchants reach a wider audience.

Facebook Doubles Down on Political Advertising Stance

Facebook (Nasdaq: FB) recently reported its third quarter results that surpassed the market’s expectations. But the company appears to be struggling to add users in mature markets including US, Canada, and even Europe.

Apple’s Focus on Cloud Services Paying Off

Earlier last week, Apple (Nasdaq: AAPL) announced its fourth quarter results that surpassed market expectations. The stock fell 5% in the after-hours trading session, primarily due to disappointing iPhone sales.

Google Leverages its Partner Program for Cloud

Last week, Google (Nasdaq: GOOG) announced its third quarter results that continued to surpass market expectations. While Google continues to invest in search improvements, it is seeing strong traction in its Cloud offerings.

Big Box Stores vs. Amazon

Despite the current global lockdown and weak economic conditions, Amazon (NASDAQ: AMZN) continued to deliver on all fronts. The pandemic conditions are accelerating growth not only in the cloud business but even in the eCommerce segment.

Clouds Stocks: Atlassian Fortifies its PaaS Ecosystem

Atlassian, a strong PaaS player and among our list of the Top 20 Cloud Stocks for 2020, recently reported results of a strong quarter that beat estimates. It also announced the launch of a new venture fund that will further strengthen its ecosystem strategy.

Cloud Stocks: ServiceNow Well-Positioned for Digital Transformation

Despite the COVID-19 crisis, ServiceNow (NYSE:NOW) continues to outpace all market expectations. It is doubling down on tying up with other technology partners to provide solutions needed to accelerate digital transformations of organizations.