UPDATED Jan 09, 2025
Internet Technology transformed the world into an information speedway able to service even the most remote corners of our planet. Still, all of this data and computing power needs a home. It has to reside somewhere physically, and for many companies, that means expensive investments in hardware, real estate, and teams of network engineers.
Cloud computing developed as a solution to this problem. As technology broadened the lanes on the information highway, it became possible to quickly access remote data and computing power as if it were in the next room. In turn, this allowed companies to save resources and quickly scale when the opportunity arose.
Today, cloud computing remains one of the most promising Tech sectors, as it tackles these and many other problems for corporate and individual clients. The following list looks into the cloud-computing companies positioned to take advantage of this positive trend.
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Simply Wall St analyst Stjepan Kalinic and Simply Wall St have no position in any of the companies mentioned.