Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
The cloud computing industry is expected to be worth over $600 billion in 2023. And one of its most important companies could double in the next year.
This top penny stock could pop more than 104% in just 12 months. No telling where it will climb in the years to come…
You see, the cloud is changing the way business works around the world. Last year, Cloud Security Alliance reported that 69% of enterprise organizations were in the process of migrating business-critical data to the cloud.
That means businesses are taking all of the digital applications they use, all their information, and moving it from physical hard drives to the cloud.
That's truckloads of enterprise information being trusted to the airwaves. It could be anything from a company's budget to employee medical history. It could even be government secrets – the federal government is expected to increase its expenditure on cloud computing by nearly $4 billion in the next five years, according to