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Backblaze Inc   (BLZE)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Backblaze Inc 's

Competitiveness


 

BLZE Sales vs. its Competitors Q3 2023



Comparing the current results to its competitors, Backblaze Inc reported Revenue increase in the 3 quarter 2023 by 12.25 % year on year.
The sales growth was above Backblaze Inc 's competitors' average revenue growth of 9.54 %, achieved in the same quarter.

List of BLZE Competitors





Revenue Growth Comparisons




Net Income Comparison


Backblaze Inc , despite income growth by most of its competitors recorded a net loss, despite income increase by most of its competitors of 85.7 %

<<  BLZE Stock Performance Comparisons


Backblaze Inc 's Comment on Competitors and Industry Peers


Our current primary competitors generally fall into the following categories: diversified public cloud vendors, such as Amazon.com, Inc. through Amazon Web Services, Alphabet Inc. through Google Cloud Platform, and Microsoft Corporation through Azure; certain smaller cloud storage competitors; and legacy on-premises storage vendors such as Dell EMC.
We compete based on a variety of factors, including ease of adoption and use; continued innovation; price; key platform features; availability, durability, scalability, and performance; brand awareness and reputation; transparency; customer support; independence; security; interoperability; partner ecosystem; and capabilities for configurability and APIs.



  

Overall company Market Share Q3 2023

Backblaze Inc achieved revenue growth of 12.25 % in Overall company, and improved market share, to approximately 0.01 %.


<<  More on BLZE Market Share.
 
*Market share is calculated based on total revenue.

  News about Backblaze Inc Contracts

Backblaze Reaches Milestones in Cybersecurity Compliance and Revenue Growth, Paving Way for Future Expansion Despite a Temporary Net Loss

StateRAMP and TX-RAMP are recognized compliance frameworks that evaluate and validate the security controls implemented by Cloud Service Providers (CSPs). Attaining these provisional authorizations validates that Backblaze's products comply with the stringent cybersecurity requirements needed to provide services to governmental agencies and academic institutions. This should result in significant benefits, such as improved disaster recovery, enhanced digital infrastructure resilience, and amplified reliance on cloud-based solutions from said entities. In terms of financial growth, Backblaze Inc., has demonstrated remarkable resilience amidst fierce competition in the cloud computing industry. The latest quar...

Backblaze Empowers Enterprises with Advanced Data Protection and Administration through New Enterprise Control Feature Set

Backblaze Launches Enterprise Control to Support Advanced Administration and Data Protection NeedsBackblaze Inc, a leading provider of cloud storage and backup solutions, has recently announced the launch of its new feature set called Enterprise Control. Designed to meet the heightened business continuity and data security standards of enterprises, this innovative offering aims to provide advanced administration and data protection capabilities.In today's digital age, organizations face increasing challenges when it comes to managing and safeguarding their data assets. With the rise in cyber threats and the ever-growing amount of data generated, enterprises require robust solutions that not only ensure the c...





Who are Backblaze Inc 's Competitors?




Porch Group Inc
Share Performance



+37.92%
This Quarter



Porch Group Inc
Profile

is a vertical software platform for the home

More about Porch Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 357.476 mill. $ 430.302 mill. $ -133.933 mill.


Amazon com Inc
Share Performance



+0.84%
Over The Past 5 Days



Amazon com Inc
Profile

Amazon.com Inc is an e-commerce company that operates as both a retail and a technology platform. Its business model revolves around the sale of a wide variety of products to consumers through its online marketplace, as well as offering services such as Prime membership, fulfillment and delivery, and cloud computing through Amazon Web Services (AWS). The company focuses on providing convenience, competitive pricing, and a seamless user experience to its customers to drive sales and maintain customer loyalty.

More about Amazon com Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,892,435.000 mill. $ 574,785.000 mill. $ 30,425.000 mill.


Dell Technologies Inc
Share Performance



+50.72%
This Quarter



Dell Technologies Inc
Profile

Dell Technologies Inc operates as a multinational technology corporation that provides hardware, software, and IT solutions to businesses and individuals worldwide.

More about Dell Technologies Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 91,411.530 mill. $ 102,301.000 mill. $ 2,422.000 mill.


Pinterest Inc
Share Performance



+26.51%
One Year



Pinterest Inc
Profile

is where over 400 million people around the world go to get inspiration to live their best lives

More about Pinterest Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 25,290.222 mill. $ 3,055.071 mill. $ -35.610 mill.


Alphabet Inc
Share Performance



+10.79%
30 Days



Alphabet Inc
Profile

Alphabet Inc's business model is focused on the development and monetization of internet-based products and services. They generate revenue primarily through advertising, technology sales, and licensing fees. Their diverse portfolio of offerings spans technology, search engines, online advertising platforms, cloud computing services, and various other digital initiatives.

More about Alphabet Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,937,245.983 mill. $ 307,394.000 mill. $ 73,795.000 mill.


Salesforce Inc
Share Performance



+0.47%
30 Days



Salesforce Inc
Profile

Salesforce Inc's business model revolves around providing cloud-based software solutions for customer relationship management (CRM). These solutions help businesses effectively manage their sales, marketing, and customer service activities through a user-friendly platform accessible from anywhere. Salesforce generates revenue through subscription fees for their software services, allowing businesses to leverage their technology to enhance their customer relationships and drive organizational growth.

More about Salesforce Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 296,590.590 mill. $ 31,352.000 mill. $ 208.000 mill.


Ptc Inc
Share Performance



+2.52%
30 Days



Ptc Inc
Profile

is a global software and services company that enables industrial companies to improve growth with a portfolio of innovative digital solutions that work together to transform how physical products are engineered, manufactured, and serviced

More about Ptc Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 22,520.547 mill. $ 2,097.047 mill. $ 245.540 mill.


Symbolic Logic Inc
Share Performance



-18.75%
One Year



Symbolic Logic Inc
Profile

Symbolic Logic Inc. is a software development company that primarily focuses on creating advanced artificial intelligence solutions. Their business model involves developing and licensing their software products to various industries, allowing businesses to leverage their cutting-edge technologies for automation, data analysis, and decision-making purposes. Through strategic partnerships and continuous innovation, Symbolic Logic Inc. aims to deliver efficient and effective software solutions that enhance productivity and optimize processes for their clients.

More about Symbolic Logic Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 9.831 mill. $ - mill. $ 14.120 mill.


Hubspot Inc
Share Performance



+57.94%
One Year



Hubspot Inc
Profile

Hubspot Inc is a software company that offers a comprehensive inbound marketing and sales platform for businesses. Their business model revolves around providing tools and solutions to help companies attract, engage, and delight customers through personalized content and marketing strategies.

More about Hubspot Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 31,633.734 mill. $ 2,057.446 mill. $ -178.327 mill.


Mcx Technologies Corporation
Share Performance



0.00%
Over The Past 5 Days



Mcx Technologies Corporation
Profile

Mcx Technologies Corporation is a technology company that provides innovative solutions for data management and analytics in the agriculture industry. Their business model revolves around developing and offering software platforms and tools to help farmers and agricultural businesses make informed decisions and optimize their operations using data-driven insights.

More about Mcx Technologies Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 0.372 mill. $ - mill. $ -0.223 mill.


Marin Software Incorporated
Share Performance



-14.71%
30 Days



Marin Software Incorporated
Profile

Marin Software Incorporated's business model revolves around providing advertising management solutions to businesses.

More about Marin Software Incorporated's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5.286 mill. $ 18.281 mill. $ -21.772 mill.


Alpine 4 Holdings Inc
Share Performance



-35.35%
30 Days



Alpine 4 Holdings Inc
Profile

Alpine 4 Holdings Inc operates as a holding company with a diversified business model, focusing on acquiring businesses that complement its existing portfolio and have the potential for growth. The company primarily aims to generate long-term value for its shareholders through strategic acquisitions, operational improvements, and fostering synergy among its subsidiaries.

More about Alpine 4 Holdings Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 19.312 mill. $ 105.849 mill. $ -20.560 mill.


Sprinklr Inc
Share Performance



+0.79%
30 Days



Sprinklr Inc
Profile

empowers the world?s largest and most loved brands to make their customers happier

More about Sprinklr Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,693.711 mill. $ 575.836 mill. $ -26.135 mill.


Smith Micro Software Inc
Share Performance



-67.00%
One Year



Smith Micro Software Inc
Profile

Smith Micro Software Inc's business model primarily focuses on developing and selling software solutions for a wide range of industries and customers.

More about Smith Micro Software Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 21.398 mill. $ 40.303 mill. $ -24.396 mill.


Sharpspring Inc
Share Performance



+0.83%
30 Days



Sharpspring Inc
Profile

is a cloud-based marketing technology company

More about Sharpspring Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 219.771 mill. $ 31.060 mill. $ -6.808 mill.


Angi Inc
Share Performance



+26.42%
One Year



Angi Inc
Profile

Angi Inc's business model revolves around providing an online marketplace platform that connects homeowners with local service professionals.

More about Angi Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,435.408 mill. $ 1,579.460 mill. $ -88.025 mill.


Thryv Holdings Inc
Share Performance



-5.52%
One Year



Thryv Holdings Inc
Profile

Thryv Holdings Inc operates as a software-as-a-service (SaaS) company, offering a comprehensive suite of business management solutions to small and medium-sized businesses. Their business model relies on providing these software tools, including customer relationship management, marketing automation, and payment processing, to help businesses streamline their operations and enhance their efficiency.

More about Thryv Holdings Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 742.479 mill. $ 916.247 mill. $ -259.295 mill.



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