Moats Analysis

Snowflake is a cloud computing–based data warehousing company that was founded in 2012. It offers a data platform that enables customers to consolidate data into a single source of truth to drive business insights. Snowflake’s platform supports a wide range of workloads, including data warehousing, data lakes, and data engineering, as well as applications involving machine learning, data science, and the development of data-driven applications.

Workday is a leading provider of enterprise cloud applications for finance and human resources. Founded in 2005, Workday offers a suite of applications that help businesses manage their finance, human capital, and analytics processes.

DocuSign is a leading provider of electronic signature and agreement cloud services. Founded in 2003, the company has revolutionized how businesses handle agreements, offering digital solutions that simplify processes while ensuring security and compliance. Operating primarily in the software-as-a-service (SaaS) model, DocuSign has embraced a global presence, serving customers of all sizes across multiple industries.

Zscaler, is a cloud security company that provides internet security, web security, and software-as-a-service (SaaS) solutions. Its primary product is the Zscaler Zero Trust Exchange platform, which helps organizations secure access to applications and services regardless of where users are located or what device they are using. The platform operates on a Zero Trust model, ensuring that only authenticated and authorized users can access applications and data. Zscaler's services are designed to replace traditional network security models with a cloud-based approach, making it a key player in the cloud security sector.

Zoom is a leading provider of video communication solutions, offering a range of products and services primarily centered around its flagship product, Zoom Meetings. Founded in 2011, the company became a household name, especially during the COVID-19 pandemic, as remote work and online communication became the norm.

Wix.com provides cloud-based web development services. It allows users to create HTML5 websites and mobile sites through the use of online drag-and-drop tools. Wix operates on a freemium model, offering basic web-building services for free while charging for premium features like increased storage, custom domain names, and e-commerce capabilities.

The Walt Disney Company, founded in 1923, is a diversified international family entertainment and media enterprise. Disney operates through four primary business segments: Media Networks, Parks, Experiences and Products, Studio Entertainment, and Direct-to-Consumer & International. Its strong portfolio of brands, franchises, and characters has made it a household name worldwide.

Walgreens Boots Alliance (WBA) is a global leader in retail pharmacy, health and wellness, operating in over 25 countries. The company’s core strengths lie in its vast network of retail pharmacies, strong brand recognition, and extensive range of health and wellness services.

Visa Inc. is a global payments technology company that facilitates electronic funds transfers throughout the world, primarily through Visa-branded credit cards, debit cards, and prepaid cards. The company operates in over 200 countries and territories, providing a wide range of payment solutions for consumers, businesses, and governments.

ServiceNow, Inc. is a leading provider of enterprise cloud computing solutions, particularly in IT Service Management (ITSM). Founded in 2004 and headquartered in Santa Clara, California, the company offers a platform-as-a-service (PaaS) that automates enterprise IT operations. The ServiceNow platform integrates various IT functions, including service management, operations management, and business management, which allows for efficient workflow automation and process improvement across an organization.