“Without a doubt, there are a lot of really happy bad guys,” said Greg Wendt, Appsian’s executive director of security.
Slack Technologies Inc., which offers a web-based chat platform, has seen a surge of interest and a massive outpouring of questions from new and existing users, said CEO Stewart Butterfield. Demand for Zoom Video Communications Inc. conferencing software has also jumped, with downloads doubling last week, according to data from Sensor Tower.
Research firm Needham said this week said Zoom is “an exceptional business poised to benefit from the accelerated shift towards work from home,” after initiating coverage with a buy rating on the shares and price target 30% above the stock’s most recent close. Coronavirus "will accelerate the pace of change.”
Meanwhile, back in Deerfield, about 30 miles north of Chicago, Rosenberg was up at 2 a.m. talking to his manufacturing partner in Vietnam. His mind is racing with ideas for where to expand next and new products, like a paintbrush holder that artists can clip onto the desk.
“We are prepared to grow exponentially,” Rosenberg said. “We’re really just getting started.”
--With assistance from Gerrit De Vynck, Crystal Kim and Ryan Vlastelica.
This article was provided by Bloomberg News.