Blog Archive

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U.S. Steel, Tesla, Unity Software, Beyond Meat & more

CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010

Brendan McDermid | Reuters

Check out the companies making headlines in midday trading. 

U.S. Steel — U.S. Steel shares popped more than 9% after the company reported a smaller-than-expected loss for its fiscal third quarter. U.S. Steel posted a loss of $1.45 per share. Analysts polled by FactSet expected a loss of $1.52 per share. CEO David Burritt said “improving market conditions experienced in June and July have accelerated through August and September.”

Unity Software — Shares of Unity Software soared more than 36% on its first day of trading. The software company — which trades on the Nasdaq under ticker “U” — is trading above $70 per share, above its IPO price of $52 per share. Unity follows the market debut of software storage company Snowflake

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Top software deals of Macworld’s Three-Day VIP Annual Sale

Macworld’s Three-Day VIP Annual Sale is here, and it’s the best chance you’ll have all year to save on some essential Mac gear. That’s especially true for software, which is on deep discount through Sept. 20. Until then, you can take an extra 40% off the final price of the following apps and programs by using the checkout code VIPSALE40.

Dealing with PDFs gets a lot easier with this full-featured tool. Not only does it let you sign and fill out forms, but you can alter text and full images at will. You can even create your own customized forms and protect your documents with comprehensive password protection.

MSRP: $79

Sale Price: $39

Price with VIPSALE40 coupon code: $23.40

PDFelement for Mac: Lifetime License – $23.40

See Deal

Illustrators, animators, and game designers will find every tool they need to create compelling characters here. Poser Pro lets you choose

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Why Do We Still Need More Software?

We need more software. Logically then, we need more software developers. Gartner predictions as noted on TechRepublic back in 2017 estimated a US shortage of up to 1 million software developers by 2020… and the Covid-19 pandemic won’t have done anything to help that shortfall. Even if that figure is off by half, that’s just the US – the rest of the world needs more software in equal proportion.

But this is not an analysis concerning software skills, recruitment or Human Capital Management (HCM), this is a question that attempts to understand the situation one step further back i.e. why do we need more software anyway?

Don’t we have enough apps by now? 

Taking a glance at the software industry fervor that typically exists in any one year

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Looking For Reasonably Priced Software Stocks? Try Workiva, Alarm.com & RealPage

Software stocks have rallied sharply this year as investors bet on asset-light, high-growth companies that will see demand hold up through the current pandemic. However, valuations in the sector appear quite rich, even after the recent corrections. In our indicative theme of High Growth Software Stocks At A Fair Price we’ve picked a theme of software stocks that have seen good historical growth and yet are trading at relatively attractive valuations. The theme has returned about 19% year-to-date, versus 3.4% for the S&P 500. It remains up 65% Since 12/31/2017 vs. 25% for the S&P. Alarm.com Holdings (NASDAQ: ALRM) up 30% year-to-date has been the biggest driver of the theme’s returns. On the other side, RealPage’s (NASDAQ: RP) performance has been more muted, with the stock gaining about 4% this year. Below is a bit more about the companies in our theme.

Alarm.com Holdings provides cloud-based services for remote control,

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Brightcove Is Not How To Play Video Cloud Market. Kaltura Could Be.

Covid-19 has accelerated growth in industries — such as videoconferencing — that keep people together virtually while they stay further apart physically. Such industries are helping to keep services like health care, business offices, and classrooms operating while people stay at home.

Underlying videoconferencing is the $6.1 billion software as a service market that supports video publishing and distribution.

If you want to invest in this industry, you could consider shares of Boston-based Brightcove — other big tech companies like Microsoft compete here but this software market is not a significant portion of their revenue. or you could wait to see whether Manhattan-based Kaltura files for an IPO. At this point, Brightcove’s extremely slow growth does not make me interested in its shares.

(I have no financial interest in the securities mentioned).

Video Streaming Software Market: Small But Expected To Grow

The market for video streaming software is expected to

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Software listings head biggest week for IPOs since Uber

Two of the largest US software listings in history will lead the biggest week for initial public offerings since Uber’s flotation last year, as companies cash in on the market’s hunger for technology stocks.

A dozen IPOs are set to raise $6.8bn, with half of the proceeds coming from three California tech listings, according to Refinitiv, a data provider. Snowflake, the cloud software business, will raise $2.2bn, and Unity, a video game software company, will raise $950m. Sumo Logic, another data software platform, will raise $281m.

The projected totals are based on the shares’ pricing at the midpoint of the ranges marketed to investors. 

Snowflake’s IPO will be the largest ever US software offering, eclipsing the 2007 listing of VMware and underlining the rising fortunes of enterprise software services, according to data provided by Renaissance Capital, a fund manager of IPO exchange traded funds. Unity would be the third-largest.

Column chart of Weekly proceeds raised ($bn)* showing US listings market heads for busiest week since Uber

“Many

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Is software now everybody’s job? The implications of low-code and no-code for developers

What are the implications of the growing low-code/no-code movement to professional developers and their business counterparts?

ibm-watson-group-photo-from-ibm-media-relations.jpg

Photo: IBM Media relations

Some industry experts argue that the time has come for business users to be able to steer their own destinies when it comes to application development. That’s the message conveyed at a recent conference focused on this very topic, sponsored and hosted by Ninox. (I was a participant and moderator at the event.) The Covid-19 crisis illustrated the advantages low-code and no-code are bringing to the world. “Some IT organizations are faring better if they already have low-code platforms in their tool belts,” according to John Bratincevic, analyst with Forrester. “They have more agile ways of development, and the scale of having many businesspeople on a platform.” 

If there is one silver lining that came out of the crisis, it is an acceleration toward user-driven application development and deployment, agreed

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Replacing Software In These 13 Categories Drives The Most Satisfaction

  • Thirteen enterprise software categories are driving a 50% or greater satisfaction rate in companies replacing incumbent vendors with new ones. 
  • Team Collaboration and Web Conferencing software providers tend to the best at understanding the nuances of their customers’ requirements for training, usability, intuitiveness, and implementation.
  • SoftwareReviews’ data of 193 software categories shows that the 13 categories delivering the greatest satisfaction are the easiest to implement as rated by organizations using them.
  • 80% of organizations see a positive change in satisfaction after switching vendors, capitalizing on innovative new features, including improved usability.

These and many other fascinating insights are from recent research completed by SoftwareReviews, a division of Info-Tech Research Group titled Switching Existing Software Vendors Overwhelmingly Drives Increased Satisfaction. A free copy of the report is available for download here. Info-Tech’s business model is based on providing research to enterprise buyers on subscription, alleviating the need to be

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Coupa Software Was Weakening Well Ahead of Earnings

For his second “Executive Decision” segment of Mad Money Wednesday night, Jim Cramer spoke with Rob Bernshteyn, CEO of Coupa Software (COUP) , the spending management software provider that saw its shares fall despite posting a strong quarter.

Bernshteyn said he was proud of the results this quarter, as the company was able to reduce implementation times and increase overall operational efficiency. He said spend management remains a critical area for most businesses, especially as they cope with supply chain disruptions around the globe.

When asked about those disruptions, Bernshteyn explained that many companies are using Coupa’s community intelligence to diversify their supply chains and optimize their spending. Many companies are switching from single-source to multi-source and are renegotiating to deal with changing conditions.

Let’s check out the charts.

In the daily Japanese candlestick chart of COUP, below, we can see that the shares reversed to the downside after breaking

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There is no productivity software

This article was originally published by Matthew Guay on Capichea secret society for SaaS power users, building a new community of people who care about software to make the SaaS industry more transparent, together.

300,000 people are on Superhuman’s waitlist, while 95,000 requested a Hey invite before it launched—both in pursuit of a more productive email experience. Enough people paid Roam Research from $15/month to $500 for 5 years that they hit $1 million in ARR only 6 weeks after launching paid plans.

Give people a new productivity tool, and they’ll show up in droves. And woe betides if you take it away. There were more Hacker News comments about Microsoft shutting down Wunderlist than about any other thing the to-do list app had ever done.

Something entices us about productivity software. Not that most of us directly measure our productivity enough to know whether something actually makes

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