![]() As Zoom meetings, Zoom backgrounds, and even Zoom fatigue became ubiquitous of the New Normal, the business’ market capitalization grew over 4x to reflect that. And last but not least, Zoom replaced ServiceNow in the top five. Second, Shopify nearly tripled in market capitalization as small businesses sought to move their business online to continue engaging with their current customers and attract new ones. ![]() When we look at how the top five public cloud companies grew over the past year, there’s a clear story of how the pandemic drove the change.įirst, Paypal shifted from third place to the largest market capitalization, which was driven by the rise in e-commerce and the increase in digital payments including a QR code system for contactless payments in physical stores. ![]() Full deckĭon’t enter a value here (used for spam control): Public cloud industry milestones Plus, we dive into our seven predictions for 2021. In addition, we share new frameworks and emerging strategies to help founders measure growth endurance and drive go-to-market momentum. In State of the Cloud 2021, we explore the major milestones and changes within the cloud economy and original analysis on what’s driving today’s private cloud valuations. A few months into the pandemic, he told shareholders: “We’ve seen two years’ worth of digital transformation in two months.” CEO of Microsoft, Satya Nadella, affirmed this trend, too. We didn’t know it then, but this was the beginning of a fundamental and abrupt change to the way we live and work-powered by the cloud-first economy.Īs the world adjusted to this major disruption in human behavior, we found new ways to adjust to the New Normal - offline and online. Exactly one year ago in early March 2020, we were days away from COVID-19 lockdown where our communities, companies, and healthcare system shifted into emergency response.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |