Cloud Sector

Re: Cloud Computing

Postby winston » Fri Feb 17, 2017 7:42 am

Fast facts of cloud computing

Five questions that let you get to know cloud computing

Source: SCMP

http://www.scmp.com/native/tech/topics/ ... -computing
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Re: Cloud Computing

Postby winston » Sun Apr 30, 2017 10:50 pm

I’m Recommending This Investment

By Michael A. Robinson

First Trust Cloud Computing (NYSE: SKYY).

This exchange-traded fund (ETF) is composed of firms like Microsoft and cloud leader Amazon.com Inc. (Nasdaq: AMZN) that will directly benefit from this key trend.

But it also has players that will profit from the overall growth in cloud-based technology.


the cloud and the IoE were meant for each other. One could not be possible without the other, and each will be a prime driver of the other’s growth.

The First Trust Cloud Computing ETF has already begun to reflect just how exciting and massive this opportunity will be. It’s been a strong performer, up 54% since the market bottomed out Feb. 11, 2016. That’s 75% better than the S&P 500’s performance during that stretch.

But don’t just focus on recent gains. This will be a great growth play you’ll want to own for years to come if you intend to get on the road to wealth – paved by tech.


Source: Money Morning

http://dailytradealert.com/2017/04/30/i ... nvestment/
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Re: Cloud Computing

Postby winston » Tue May 09, 2017 1:41 pm

According to Gartner, spending is forecast to jump from $209.2 billion in 2016 to $383.3 billion by 2020.

In fact, Alphabet Inc (NASDAQ:GOOGL) Cloud Chief Diane Greene believes that only about 5% of the world’s data is in the cloud, and that the market could eventually hit a whopping $1 trillion.

Source: Investor Place
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Re: Cloud Computing

Postby winston » Wed Oct 11, 2017 3:16 pm

Best Tech ETFs: First Trust Cloud Computing ETF (SKYY)

Annual fee: 0.6%

The First Trust Cloud Computing ETF (NASDAQ:SKYY) is a prime example of the first mover advantage in the ETF world. When it debuted more than six years ago, SKYY was criticized as being too much of a niche ETF.

Today, cloud computing is one of the fastest-growing segments of the broader tech spaces and SKYY has $1.1 billion in assets under management.

That dominant perch has prevented any competing funds from coming to market, a rarity in the ETF space, which is business littered with copycats.

At first glance, SKYY does not appear to be an ETF for long-term investors, but statistics indicate otherwise.

Cloud computing is expected to grow to $162 billion in 2020 on the back of a compound annual growth rate (CAGR) of 19%, according to Forbes.

Source: Investor Place
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Re: Cloud Computing

Postby winston » Wed Oct 18, 2017 10:56 am

not vested

Tech Fund #1 – Cloud Computing

by JD Hancock

Cloud computing is a household phrase nowadays. But the First Trust Cloud Computing ETF (NASDAQ:SKYY) was one of the first funds to offer dedicated exposure to this fast-growing segment of tech with its 2011 launch.

The fund has done very well as the cloud has expanded, and is set to build on that success in 2018. After all, a recent report from Bain & Company estimates global cloud computing spend is in the process of doubling across five years, from $180 billion in 2015 to $390 billion by 2020.

This cloud computing ETF only is comprised of a few dozen holdings, since the space isn’t all that large. And furthermore, some of the picks aren’t laser-focused on the cloud and have other business operations.

But the result is a great mix of companies that include everything from unknown data companies to customer relationship management software firm Salesforce.com, Inc. (NYSE:CRM) that have helped make cloud-based applications so mainstream.

Source: Investor Place
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Re: Cloud Computing

Postby winston » Fri May 17, 2019 1:13 pm

not vested

FIRST TRUST CLOUD COMPUTING ETF (SKYY) 

First Trust Cloud Computing is the only US listed ETF tracking the performance of companies from cloud computing industry, with market cap of approximately USD 1.70 billion and expense ratio of 0.6%.

There are 30 securities included in SKYY, which are mainly cloud computing service providers and companies utilizing cloud computing for main business.

Some of the Top 10 Holdings of SKYY include Cisco Systems Inc, Salesforce.com Inc, Oracle Corp, Amazon.com Inc, and Alphabet Inc.

Nowadays, cloud computing plays a vital role in business development. Not only does it assist digital transformation of legacy enterprises, but it also helps R&D of startups.

Emerging technologies such as Internet of Things, machine learning and artificial intelligence should fuel further demand for cloud computing.

According to a report from a market research film IDC, Infrastructure-as-a-Service (IaaS), major service in cloud computing industry, should reach $99 billion by 2022 from $25 billion in 2017, which is a 32% compound annual growth rate.

Therefore, investors can gain exposure to this high growth potential industry by investing in SKYY.

Recommend to buy at $56.4, target price $64, cut loss if drop below $54.

Source: Phillips
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Re: Cloud Computing

Postby winston » Tue Aug 02, 2022 4:08 pm

Canalys: Global Cloud Service Spending Spikes 33% YoY in 2Q

Cloud infrastructure service demand remained resilient in the second quarter, according to the latest data of Canalys.

Global spending on cloud services advanced 33% yearly to US$62.3 billion.

Source: AAStocks Financial News
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Re: Cloud Sector

Postby winston » Tue Aug 16, 2022 8:42 am

UBS: CN Cloud Mkt Hails Structural Change; BABA, TENCENT Likely Subdued; Top Pick BIDU

UBS, in its report, discussed the structural change facing the China's cloud market:-
1) The shift in spending from internet companies to other verticals;
2) The shift from public cloud to private and hybrid;
3) Recent regulatory concerns, are molding new beneficiaries, observed the broker, opining this will exert pressure on leading platforms.

Thus, the broker expected BABA-SW (09988.HK) and TENCENT (00700.HK)to be under heftier pressure.

For cloud exposure, UBS' top pick was BIDU-SW (09888.HK) because the latter was able to capture more non-internet application scenarios, particularly in high-margin self-driving field.

Source: AAStocks Financial News
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Re: Cloud Sector

Postby winston » Fri Dec 23, 2022 4:37 pm

IDC: 1H22 CN Financial Cloud Mkt Hits US$3.43M; Baidu Smart Cloud Rises to Industry's No. 2

In the first half of the year, the financial cloud market in China reached US$3.43 billion, according to The 2022 Financial Cloud Semiannual Tracker report released by IDC.

The report said the financial cloud market still maintains a relatively high growth rate despite the fluctuations in the overall environment, growing 29.3% YoY in the current period.

Among them, Baidu Smart Cloud surged by 55.4%, leaping to the second place in the country's financial cloud solutions market.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
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