{"id":6321,"date":"2019-05-31T14:18:38","date_gmt":"2019-05-31T19:18:38","guid":{"rendered":"http:\/\/allidm.com\/blog\/?p=6321"},"modified":"2019-05-31T14:18:38","modified_gmt":"2019-05-31T19:18:38","slug":"okta-kicks-off-2019-on-the-right-foot","status":"publish","type":"post","link":"https:\/\/allidm.com\/blog\/okta-kicks-off-2019-on-the-right-foot\/","title":{"rendered":"Okta Kicks Off 2019 on the Right Foot"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Cloud computing stocks, especially those providing software as a service  (SaaS), have proven to be fertile ground for investors. Several of  these companies have quickly grown by capitalizing on the massive  transition in business to cloud software, which offers several  advantages over traditional applications, including scalability and  integration. The subscription model these companies generally use also  has the potential to deliver high profit margins once the businesses  reach scale, as variable costs are relatively low.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Okta <\/strong><a href=\"https:\/\/www.fool.com\/quote\/nasdaq\/okta\/okta\">i<\/a>s one such example of the power of this model and the opportunity in  the cloud &#8212; the stock has soared more than 300% since its 2017 IPO  coming into its first-quarter earnings report. Investors were hoping to  see Okta&#8217;s strong growth continue as it brings in new customers and  expands current relationships. And they were not disappointed as shares  were up 5% in after-hours trading. Let&#8217;s take a closer look at the  results.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read more at &#8211; <a href=\"https:\/\/www.fool.com\/investing\/2019\/05\/31\/okta-kicks-off-2019-on-the-right-foot.aspx\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Okta Kicks Off 2019 on the Right Foot (opens in a new tab)\">Okta Kicks Off 2019 on the Right Foot<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cloud computing stocks, especially those providing software as a service (SaaS), have proven to be fertile ground for investors. Several of these companies have quickly grown by capitalizing on the massive transition in business to cloud software, which offers several advantages over traditional applications, including scalability and integration. The subscription model these companies generally use [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[88],"tags":[],"class_list":["post-6321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-identity-space"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/allidm.com\/blog\/wp-content\/uploads\/2018\/02\/Identity_and_Access_Management_Post.png?fit=141%2C124&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p25vfy-1DX","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/posts\/6321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/comments?post=6321"}],"version-history":[{"count":1,"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/posts\/6321\/revisions"}],"predecessor-version":[{"id":6322,"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/posts\/6321\/revisions\/6322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/media\/6019"}],"wp:attachment":[{"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/media?parent=6321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/categories?post=6321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allidm.com\/blog\/wp-json\/wp\/v2\/tags?post=6321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}