Includes major US listed cloud computing service providers. These companies provide IAAS, SAAS, and PAAS services, infrastructure, and solutions for companies and individuals, enabling them to quickly deploy and manage their own operations, applications, and systems. Cloud computing is a significant investment opportunity for its potential cost savings. By moving IT infrastructure to the cloud, companies can reduce capital expenditures on hardware and software and only pay for the services they use, freeing up resources to invest in other areas such as research and development or marketing. Increasing demand for storage and processing power is driving the growth of cloud computing. As more businesses move to digital platforms and adopt technologies like AI, the amount of data being generated is growing exponentially. Cloud computing offers a scalable solution to handle this data.
'Moana 2' Continues Record-setting Run as 'Wicked' Comes in Second
Microsoft's Plan to Win the Console War: Make Everything an Xbox
GenAI Being Adopted at Double the Pace of PCs or Internet
Meta's Llama 3.3 70B Outshines Rivals, Nvidia's Liquid-Cooling Breakthrough, XAI Raises $6B: This Week In AI
Earnings Week Ahead: ORCL, GME, ADBE, COST, AVGO, M and More
NXP Semiconductors, Broadcom Among Deutsche Bank's Chip Stocks for 2025