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Cloud Industry - Fourth Quarter Earnings Recap

  • Oppenheimer & Co. Inc.
  • February 12, 2020
The cloud industry sees strong growth, but is competition coming?

Cloud is still in the early innings of adoption, now moving to early majority as the industry crosses the chasm. Following earnings reports from Amazon, Microsoft, and Google, cloud industry growth is exceeding expectations.


However, Oppenheimer analysts are growing increasingly concerned that the cloud market will become more competitive as public cloud providers try to lock in enterprise customers to multi-year contracts and win market share, depressing margins.

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