Cloud and Communications Takeaways from Technology Conference
- August 17, 2020
Strong Demand for Bandwidth to support Digital Economy
Presentations from various cloud and communications companies at Oppenheimer's 23rd Annual Technology Conference reveal demand for high-quality broadband and cloud is very strong. Pricing is also holding up well, and companies are seeing major productivity improvements.
There has been some disruption such as longer enterprise Information Technology sales cycles and small/medium business churn, but COVID-19 has accelerated the need for organizations to digitize to support remote workers and mobility. Long-term, unique cloud/Fog infrastructure will be critical to support the digital economy.
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