In this article, we discuss the 5 most valuable data companies in the world. If you want to read our detailed analysis of these companies, go directly to the 15 Most Valuable Data Companies in the World.
5. Oracle Corporation (NYSE:ORCL)
Oracle Corporation (NYSE: ORCL) is one of the oldest American technology firms which was founded in Santa Clara, California, 44 years ago and is currently headquartered in Austin, Texas. The company offers three big data products, which are Oracle Cloud Infrastructure Data Flow, Oracle Big Data Service, and Oracle Cloud Infrastructure Data Catalog. These allow its customers to develop data management applications, store, manage and extract data and consolidate their data in a single repository for easy access and usage, respectively.
In the Q2 2021 investor letter of Nelson Capital Management, the fund mentioned Oracle Corporation (NYSE: ORCL). Here is what the fund said:
“In the technology sector, we sold our position in Oracle (tkr: ORCL). Oracle is lagging peers in its transition to the cloud and management has continuously reshuffled reporting segments to hide decelerating growth and disappointing results.”
4. salesforce.com, inc. (NYSE:CRM)
salesforce.com, inc. (NYSE: CRM) is a developer of customer relationship management software using cloud platforms. This allows it to let its customers gather vast amounts of data from their own customers and in turn, provides it with a perfect platform to develop tools to analyze this ‘big data’. The company primarily uses artificial intelligence (AI) to allow its customers to develop and generate insights from their datasets which have been fed into salesforce.com, inc. (NYSE: CRM) ‘s systems.
With a $24.2 billion stake in salesforce, ROAM Global Management owns 99,069 shares of the company as of the end of the second quarter of 2021. Our database shows that 108 hedge funds held stakes in CRM as of the end of the second quarter, versus 91 funds in the previous quarter.
3. Amazon.com, Inc. (NASDAQ:AMZN)
Amazon.com, Inc. (NASDAQ: AMZN) is one of the world’s largest e-commerce platforms, which by its very nature also makes it one of the world’s largest users of big data analytics. Not only does Amazon use customer and seller preferences to improve its retail platform, but its enterprise arm, Amazon Web Services (AWS) is one of the biggest players in the enterprise computing market. AWS lets users manage their data sets by using machine learning (ML) and Amazon even has its own processors under the Graviton lineup which power all AWS software.
In the Q2 2021 investor letter of L1 Capital, the fund mentioned Amazon.com, Inc. (NASDAQ: AMZN). Here is what the fund said:
“Amazon flipped from being the largest detractor from portfolio performance in the March 2021 quarter, to one of the leading contributors in the June 2021 quarter. We took advantage of negative near-term sentiment in the March 2021 quarter to add to our Amazon investment. We continue to view Amazon as one of the best positioned businesses globally, with its share price still not reflecting fair value.”
2. Alphabet Inc. (NASDAQ:GOOG)
Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) is the parent or holding company of the search engine giant Google. Not only is Google’s primary product, Google Search, a big data analytical platform in its own merit since it processes countless queries everyday and matches relevant content with user intent, but Google’s Google Cloud is a platform that uses machine learning to enable its customers to store data and use analytical models for generating insights.
In its Q2 2021 investor letter, Baron Opportunity Fund highlighted a few stocks and Alphabet Inc. (NASDAQ: GOOG) is one of them. Here is what the fund said:
“Alphabet Inc. is the parent company of Google, the world’s largest search and online advertising company and a top cloud computing player. Shares of Alphabet were up in the quarter given continued recovery in ad spending, strong cloud revenue growth, and improved cost controls. Alphabet’s total revenue grew 32%, beating the Street’s estimate of 25%, with search revenues up 30%, YouTube revenue up 49%, and total cloud revenue up 46% (with Google Cloud Platform growing much faster). Moreover, Google’s operating margins expanded over 1,000 basis points from 19% to just under 30%. We retain high conviction in Alphabet’s merits as it continues to benefit from growth in mobile and online video advertising, which accrues to its core assets of search, YouTube, and the Google ad network. We are further encouraged by Alphabet’s investments in cloud computing, artificial intelligence (AI), autonomous driving (Waymo), and life sciences.”
1. Microsoft Corporation (NASDAQ:MSFT)
Microsoft Corporation (NASDAQ: MSFT), while known for its Windows operating system, also has a highly sophisticated enterprise data processing services platform called Microsoft Azure. Additionally, Microsoft’s Excel is the go-to software for generating dataset insights, and the company’s HDInsights platform under the Azure platform allows its customers to process their data using open source frameworks such as Hadoop. HDInsights also allows customers to only pay for the services that they use and it offers security for their data as well.
In its Q2 2021 investor letter, Baron Opportunity Fund highlighted a few stocks, and Microsoft Corp. (NASDAQ: MSFT) is one of them. Here is what the fund said:
“Shares of Microsoft Corporation, a cloud-software leader and provider of software productivity tools and infrastructure, rose during the quarter following a strong earnings report highlighting solid demand for its broad product stack and continued momentum migrating its business to the cloud. Microsoft was a top contributor in the period because it trades at reasonable free cash flow and earnings valuations, has cloud and digital transformation tailwinds at its back, reported a solid March quarter, and beat Street expectations by a wide margin. Microsoft’s results continued to be strong across the board, with Azure cloud computing revenues up 46% in constantcurrency (“cc”) terms and commercial cloud bookings growth of 38% cc, the best in years. Microsoft also reported robust profitability growth, with operating income expanding 31% and GAAP earnings up 45%. We believe the company is well positioned for continued solid growth and profitability through market share gains as more companies look to transform and digitize their businesses as they move operations to the cloud.”
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