Cloud computing is a reality and driving businesses across the globe in terms of reducing costs, improving scalability, flexibility and more. It presents exciting opportunities for investors looking to align with emerging technology trends as the industry grows.
The beauty of cloud computing lies in its simplicity for users and its sophistication behind the scenes. Companies can now tap into a virtual pool of resources offered by cloud providers. The model helps businesses to reduce operating expenses, scale operations and also focus on innovation.
Amazon
Amazon Web Services (AWS) or the cloud arm of Amazon is a global leader in the industry. It offers a plethora of services like data storage and computing power to advanced AI tools to businesses big or small. AWS is a powerhouse that fuels the overall growth of Amazon.
Analysts predict a 63% growth in earnings per share (EPS) this year. The optimism stems from its consistent market dominance and ability to innovate as well as meet diverse customer needs.
Arista Networks
Amazon dominates the service side of cloud computing while Arista Networks excels in the infrastructure domain. Seamless connectivity and efficiency of cloud computing would not be possible.
Arista has consistently delivered strong results witnessing growth in revenue and profitability. Its ability to expand margins highlights its operational excellence.
Investing in Cloud Revolution
Investing in cloud computing is not just about picking companies, but it is about understanding the broader trend and it is about reshaping industries. Thematic investing offers a way to tap into this potential. Tools like the Zacks Cloud Computing Thematic Screen make it easier for investors to identify key players and assess their growth prospects.
