Callidus Software: A Cloud Computing Play for Tech Investors?
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…


After the U.S. Supreme Court smacked down online TV service Aereo for violating copyright law, worries instantly sprung up that the justices were putting a huge array of Internet and cloud-computing services at risk of similar treatment. That torch was carried highest by Justice Antonin Scalia, who wrote for the court’s three-person minority that the Aereo ruling would “sow confusion for years to come.”