[WEBINAR] The New Normal: Dealing with the Reality of an Unsecure World


Definition - What does Unicorn mean?

In IT, a unicorn refers to a project or firm with a unique potential. This broad term can be used to refer to a company in the tech field that has experienced impressive gains or to a project that is, in some ways, groundbreaking or unique.

Techopedia explains Unicorn

The term unicorn is most commonly used to describe a company, for example, a Silicon Valley startup, that started out small but has since increased its market capitalization to, say, $1 billion or more. Now, the tech industry has started using the term "super-unicorn" to describe a firm that stands out from the competition even more. For example, the social media giant Facebook, which has a market capitalization of more than $100 billion, is considered as a "super-unicorn among unicorns"; it started from a dorm room and, years later, is now a dominant technology firm.

This definition was written in the context of Technology

Techopedia Deals

Connect with us

Techopedia on Linkedin
Techopedia on Linkedin
"Techopedia" on Twitter

Sign up for Techopedia's Free Newsletter!

Email Newsletter

Join thousands of others with our weekly newsletter

Free Whitepaper: The Path to Hybrid Cloud
Free Whitepaper: The Path to Hybrid Cloud:
The Path to Hybrid Cloud: Intelligent Bursting To Amazon Web Services & Microsoft Azure
Free E-Book: Public Cloud Guide
Free E-Book: Public Cloud Guide:
This white paper is for leaders of Operations, Engineering, or Infrastructure teams who are creating or executing an IT roadmap.
Free Tool: Virtual Health Monitor
Free Tool: Virtual Health Monitor:
Virtual Health Monitor is a free virtualization monitoring and reporting tool for VMware, Hyper-V, RHEV, and XenServer environments.
Free 30 Day Trial – Turbonomic
Free 30 Day Trial – Turbonomic:
Turbonomic delivers an autonomic platform where virtual and cloud environments self-manage in real-time to assure application performance.