Like Salesforce, Workday is seeing slowing growth in its original market. To keep growing rapidly, the company needs to expand its presence in adjacent fields featuring tough competition.
Amazon Web Services is building up a formidable range of features and partners, challenging the big enterprise software providers.
This stock is testing the lower end of its sideways consolidation pattern.
The company unveiled new features at this year's Amazon Web Services conference, making a convincing argument that rivals can't match the breadth of its offerings.