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Category: Cloud

Alteryx Stock Price: More Downside Before Taking Off

After soaring 147% to reach an all-time high of $147 per share, Alteryx’s stock price has been on a freefall and is currently trading around $98. Alteryx (AYX) fell victim to the cloud sell-off, which happened as the result of nose bleed valuations popping due to heightened recession fears. Other SAAS companies like Slack, Zoom Video, and Twilio have been declining as well, and so far with no end in sight. What’s interesting is that the Alteryx stock price declined even as the company did everything right. In other words, when a growth company in a hyper growth sector has…

Pure Play Tech Stocks to Benefit from IaaS Growth

Hybrid is what will drive near future adoption for IaaS. This means security is still the dominant concern while data accuracy and productivity are the primary benefits to IaaS. Therefore, small and mid-cap companies that assist with either of these can benefit from IaaS growth. Below are a few of the more popular stocks in the cloud space. Although it is my belief some of these are overbought, and will have to prove themselves if we do go through a bear market, it most certainly doesn’t hurt to have them on the radar and to look for the right entry point.

Best Bet for Tech Stocks in 2019? Secular IaaS.

On a micro-level, mobile is hitting saturation, social media faces privacy regulations, chip makers are getting hurt in the trade war, and meanwhile, 5G, artificial intelligence, and autonomous vehicles are too nascent to see returns in the near term. This is one reason I continue to hammer on IaaS as a safe, secular bet. Companies are going through a major transition right now by transferring work loads into the cloud.

Why Microsoft (Not Amazon) Will Win the Pentagon Contract

In 2019, the biggest cloud customer in the world will be the United States Department of Defense. The DoD is currently reviewing bids to award a single cloud provider a multi-year contract. Obviously, this isn’t your typical enterprise IT department, transferring from on-premise servers, or a startup who needs the flexibility of cloud infrastructure to scale. The program is called the Joint Enterprise Defense Initiative, or JEDI, and its purpose is to move the DoD’s massive computing systems into the cloud. This one contract is worth $10 billion, or 25% of the current market, which currently stands at $40 billion…

Here’s Why Microsoft Stock Could Overtake Amazon on Cloud Infrastructure

The cloud infrastructure market is expected to reach $83.5 billion by 2021, up from $40.8 billion in 2018. Amazon Web Services was launched in 2006, which means it took twelve years for the infrastructure-as-a-service (IaaS) market to reach $40 billion – but will take only three years for the next $40 billion to accumulate. Therefore, the investment window for cloud infrastructure stocks is far from over. The IaaS segment is currently Amazon’s most profitable revenue stream comprising 55% of its quarterly operating profit, and is also the top growth-driver for Microsoft at 89%. Considering these are two of the three…

How Mobile Devices and Cloud Computing Changed Security

Prior to the advent of mobile computing, security was limited to corporate IT assets that were often physically secured in facilities owned and managed by the company. According to a recent SANS Institute study, organizations spend as much as 12 percent of their IT budget on security. In a Ponemon Institute study, it was found that organizations have a 27.7 percent probability of having a material data breach in the next 24 months at an average cost of $3.62M. Meanwhile, the world of computing has changed. Security is not just about physically secure data centers and corporate controlled computing assets. Instead,…

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