Crystal Ball for Software in 2016; M&A, Growth, Cloud Spending...and Another Ring for Curry?
FBR Capital notes although they expect many of the same next-generation software technologies from the past couple of years to continue garnering investor interest in 2016, they believe the vendors disproportionately poised to benefit from increasing adoption and more broad-based consumption will be front and center as these technologies inch toward becoming the core DNA of next-generation data centers for enterprises/governments worldwide. To this point, with the ongoing explosion of data, they expect vendors with strong cloud, security, and big data analytics offerings to be well positioned to capitalize on robust market growth in 2016, as firm is seeing a transformational era of IT spending in which next-generation technology vendors look to be the clear winners at the expense of traditional tech vendors (Oracle, HP, IBM, EMC/Dell). Favorite names for 2016 are Palo Alto, Proofpoint, Qlik, Splunk, Synchronoss, NICE, and Microsoft.