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Paycom’s Mobile Initiatives Drive Growth

Posted on Friday, Mar 13th 2020

According to a BlueWeaveConsulting report, the global payroll and HR solutions and services market is expected to grow at 9.5% CAGR to $43 billion by 2026 driven by the continued adoption of cloud-based technologies in enterprises. Paycom (NYSE:PAYC) recently announced its fourth quarter results that surpassed market expectations.

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Square Cashes in on Cash App

Posted on Thursday, Mar 12th 2020

Square’s (NYSE: SQ) CEO Jack Dorsey is having a tough time these days. A recent activist shareholder action had investors questioning his dual role as the CEO of Twitter and Square. For now, the management appears to have brokered peace.

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Cloud Stocks: Okta Benefiting from App Diversity

Posted on Wednesday, Mar 11th 2020

According to a recent Fortune Business Insights report, the global identity and access management (IAM) market is estimated to grow from $9.5 million in 2018 to $24.8 billion by the year 2026. Recently, Okta (Nasdaq: OKTA) announced its fourth quarter performance that surpassed market expectations.

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Cloud Stocks: Splunk Should Open up About its PaaS Metrics

Posted on Tuesday, Mar 10th 2020

According to a Research and Markets report, the global Big Data-as-a-Service market is estimated to grow at 25% CAGR to $46.82 billion by 2025 from $13.12 billion in 2019. Big data player Splunk (NASDAQ: SPLK) recently announced its fourth quarter results that delivered a mixed reaction.

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Cloud Stocks: RealPage Brings AI and SaaS to Real Estate

Posted on Monday, Mar 9th 2020

Technology is increasingly changing the landscape of the real estate vertical. There are now more than a dozen real estate tech companies valued at an aggregate ~$75 billion. RealPage (NASDAQ:RP) is a leading SaaS company in the real estate vertical that looks interesting.

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Cloud Stocks: Five9 Strengthens its PaaS Focus

Posted on Friday, Mar 6th 2020

According to a recent Research and Markets report, the global cloud-based contact center market is estimated to grow at 25% CAGR to $49.12 billion by 2025 from $13.17 billion in 2019. Five9 (Nasdaq: FIVN), a leading provider of cloud software for contact centers, recently announced its fourth quarter results that surpassed market expectations.

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Cloud Stocks: Veeva: Is It Possible to Build PaaS on PaaS?

Posted on Thursday, Mar 5th 2020

According to a recent report, the global healthcare cloud computing market is estimated to grow by $25.5 billion, or 23% annually over the next four years. Earlier this week, Veeva (NYSE: VEEV) announced its fourth quarter results that surpassed market expectations, once again.

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Cloud Stocks: Anaplan Focuses on API Connectors for its Platform

Posted on Wednesday, Mar 4th 2020

According to a Market Research Planning report, the global Enterprise Resource Planning market is expected to grow to $49.5 billion by the year 2024 driven by the increased adoption of mobile and cloud planning solutions and the penetration of these solutions within the SMB segment. Cloud-based planning services provider Anaplan (NYSE:PLAN) recently reported its fourth quarter results that surpassed market expectations.

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Cloud Stocks: Workday Should Open Up About its PaaS Success

Posted on Tuesday, Mar 3rd 2020

According to a recent Research and Markets report, the global SaaS market is estimated at 13% CAGR to $220.21 billion by 2022 from $134.44 billion in 2018. SaaS-based financial and human resources enterprise services provider Workday (NASDAQ: WDAY) recently reported its fourth quarter results that continued to benefit from this growth.

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Cloud Stocks: Datadog Performing Well Post Recent IPO

Posted on Monday, Mar 2nd 2020

One of the biggest IPOs in 2019 was that of monitoring and analytics platform provider Datadog. It went public in September last year on the NASDAQ under the ticker DDOG. It recently reported its fourth quarter results that shattered market estimates.

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