Takeaways From Earnings Calls: Historic Traffic Levels In Cloud

Here is an excerpt of an article I wrote for Seeking Alpha:

We read transcripts of earnings calls each week and one key theme we have picked up in the last few weeks is the cloud. Several companies keep insisting on how they have been pushed to do more in the cloud. We explore this and more in this week’s edition Takeaways from Earnings Calls.

Historic traffic levels in cloud

While the cloud was already expected to be a booming business in the next decade or so, the expectation was for steady growth. What has happened in this pandemic though is that most companies have been forced to move their businesses to the cloud at a rate much faster than normal. This has resulted in high levels of traffic as adoption rates skyrocket. 

More at https://seekingalpha.com/article/4354545-takeaways-from-earnings-calls-historic-traffic-levels-in-cloud

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