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Which segment is set to lead the market in the near future?
Which firm would generate the highest revenue in the coming years?
How will key companies boost sales of cloud computing services amid COVID-19?
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Drivers & Restraints-
Urgent Need to Analyze Data-driven Business Strategies will Favor Growth
The integration of innovative technologies, such as machine learning (ML) and artificial intelligence (AI) with cloud computing solutions is increasing globally. It is aiding in analyzing, visualizing, and monitoring data-driven business strategies. At the same time, such integration processes would allow companies to make complex data accessible and usable over the visual representation, as well as to accelerate their visualization capabilities. However, the rising number of privacy and security concerns regarding unforeseen emergencies, application vulnerabilities, cyber-attacks, and data breaches may hampe
Cloopen Group Holding Limited Announces Pricing of Initial Public Offering
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BEIJING, Feb. 9, 2021 /PRNewswire/ Cloopen Group Holding Limited ( Cloopen or the Company ) (NYSE: RAAS), a leading multi-capability cloud-based communications solution provider in China, today announced the pricing of its initial public offering of 20,000,000 American depositary shares ( ADSs ), each representing two (2) Class A ordinary shares of the Company, at a price to the public of US$16.00 per ADS for a total offering size of US$320.0 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange today under the symbol RAAS. The offering is expected to close on February 11, 2021, subject to customary closing conditions.
Alibaba (BABA) can Reach $60 Billion Free Cash Flow by 2030, Unless Political Winds Change
Aikya Investment Management Ltd, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 21% was recorded by the fund for the Q4 of 2020, below its MSCI Emerging Market benchmark that returned 26.7%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.
Aikya Investment Management, in their Q4 2020 Investor Letter said that they noticed the outstanding earnings growth and earnings of Alibaba Group Holding Limited (NYSE: BABA), that made them acquire a position in Alibaba. However, despite the strong earnings, the fund gave a warning about the possible negative outcome of the company. Alibaba Group Holding Limited is a multinational technology company that currently has a $699.7 billion market cap. For the past 3 months, BABA delivered a decent -15.72% return and settled at $258.62