Callidus Software: A Cloud Computing Play for Tech Investors?
June 28, 2014
Grazed from Equities.com. Author: Editorial Staff.
Cloud computing is one the fastest growing areas within the technology space. According to research firm Gartner, cloud computing will become the bulk of new IT spending by 2016. Software-as-a-Service (SaaS) is one of the fastest growing segments within cloud computing. In fact, it is the largest overall cloud market segment.
Not surprisingly then, shares of Callidus Software Inc. (CALD) , a provider of a suite of SaaS solutions, have gained more than 80% in the past one year. Indeed, the small cap star is an excellent option for investors looking to capitalize on the burgeoning cloud computing market…
Cloud Computing is Still a Fast-Growing Market
The cloud computing market has grown significantly in the last three years. In fact the growth in cloud computing market has been so robust in the last few years that Gartner expects cloud computing to account for bulk of new IT spending by 2016…
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