Capital Markets Winter 2021

II

Cloud Computing Enduring Themes

• Cloud computing optimizes IT assets, reducing costs and improving flexibility and accessibility ‒ The growth in online streaming entertainment, e-commerce, work from home, telehealth, e-sports, and virtual learning are all enabled by cloud computing

I

II

Cloud Computing Market Is Growing Rapidly

III

$362

$305

$258

$243

IV

$197

$145

V

Market in Billions ($)

2017

2018

2019 2020*

2021*

2022*

VI

Source: Gartner, November 2020. *Forecast. Market includes cloud application services, infrastructure services, business process services, and security.

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