Opportunities in the Cloud

Simon Turner

Senior Equity Analyst

8 am October 8, 2020

A recent Dell study found that companies which invest in big data, cloud, mobility and security, experience up to 53% faster revenue growth than their competitors. This trend was particularly evident through the COVID-19 challenges of 2020. As a result, the transition to the cloud is accelerating, and advances in internet speed and data storage capabilities are facilitating the transition. As shown below, private cloud spending is forecast to grow by 29% per annum between 2017 and 2027.

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