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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	7/19/2016 12:15:24 PM
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Inside Google And Microsoft’s Race To Catch Amazon In The Trillion-Dollar Cloud By deploying webs of connected sensors to run their businesses more efficiently, these companies are now depending on IoT applications to manage truck fleets around the globe, monitor soil and ambient conditions in an agribusiness operation, or maintain elevators. For huge amounts of data there’s nothing easier than the cloud. As a whole, the shift to cloud applications represents a generational transition in business computing that may be as significant as the advent of networked PCs. For all of Amazon’s dominance, the cloud computing wars are just getting started. As corporate America and multinationals around the world grow more comfortable with the idea of replacing pricey computing hardware that they have to buy and maintain with a pay-as-you-go model, the market is expected to balloon to anywhere from $370 billion (more than ten times its current size) to potentially as much as $1 trillion. http://www.forbes.com/sites/alexkonrad/2016/07/06/trillion-dollar-race-for-the-cloud/#487867f56080

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