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Cloud Sector Boom Accelerated by Digital Transformation

In the not-too-distant future, half of the world's data amounting to 100 zettabytes will be in the cloud. Fifty percent of corporate data is already there. How will this impact the digital economy?

The rise of cloud computing has been one of the dominant trends shaping technology. Increasingly, companies are pivoting away from owning and operating servers and infrastructure on-premises and toward virtualized private and public cloud services from hyperscaler providers. This change is a main driver in the evolution of the digital economy and companies’ ability to advance digital transformation. Read this article in Forbes on the impact of these trends on the cloud sector.

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