Cloud Stocks: The Unstoppable Veeva

According to a Markets and Markets report, the global market for healthcare cloud computing is expected to grow from $28.1 billion in 2020 to $64.7 billion by 2025 at a CAGR of 18.1%. Pleasanton, California-based Veeva (NYSE: VEEV) recently reported its second quarter results that continued to surpass all market expectations.

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Cloud Stocks: Paylocity Counts on Video

According to an Adroit Market Research, the global Human Capital Management market is estimated to grow to $18 billion by the year 2025. Paylocity (Nasdaq: PCTY) recently announced its quarterly results that continued to surpass market expectations.

Cloud Stocks: DocuSign Acquires Amid COVID

The current remote working conditions have accelerated the adoption of digital signature services. According to a recent report, the global digital signature market was expected to grow from $1.5 billion in 2019 to $23.9 billion by 2030 at 29% CAGR. Early this month, electronic signature solutions leader DocuSign (NASDAQ: DOCU) reported a strong second quarter that beat market estimates.

Billion Dollar Unicorns: Stripe Wants to Delay its IPO

At the start of the year, analysts expected Stripe, the online payment processing service provider, to go public. Stripe, however, had denied any such plans despite continuing to add to its leadership portfolio. Given the current conditions though, that IPO listing may not be happening soon.

Cloud Stocks: SurveyMonkey’s PaaS Prospects

According to a recent Research and Market report, the global online survey software market is projected to grow at 13% CAGR to reach $10.162 billion by 2025 from $4.87 billion in 2019. SurveyMonkey (Nasdaq: SVMK) recently reported its second fiscal quarter results that surpassed all market expectations.

Cloud Stocks: Adobe’s Relentless Growth Continues

Adobe (NASDAQ: ADBE) recently reported its quarterly results that revealed record breaking performance. The company’s digital focus helped it deliver its best third quarter in its history despite the current pandemic conditions.

Cloud Stocks: Smartsheet Should Follow Atlassian’s Example

Enterprise collaboration solution provider Smartsheet (NYSE: SMAR) continues to deliver strong topline growth amid the current conditions. The company recently acquired Brandfolder to accelerate its efforts to digitize enterprise workflows.

Cloud Stocks: What Should Proofpoint Acquire?

Cyber security company Proofpoint (NASDAQ: PFPT) that specializes in email security recently reported its second quarter results that surpassed market expectations. However, unlike most other cyber security companies, its stock is down 23% over the last year.

Cloud Stocks: New Relic Product Upgrades Deliver Growth

According to a recent report, the global Application Performance Management (APM) industry is expected to grow at 15% CAGR to reach $6.7 billion by 2025. New Relic (NYSE: NEWR) recently announced its quarterly results that mirrored these growth expectations.

RingCentral Continues to Add Partners and Products

According to a recent Fortune Business Insights report, the global Unified Communication-as-a-Service (UCaaS) market is projected to grow to $36.45 billion by 2026, growing at 10.5% CAGR from $16.73 billion in 2018. Earlier last month, RingCentral (NYSE:RNG), announced its second quarter results that outpaced market expectations.