Big winner: Cloud-computing providers are emerging as among the few corporate winners in the coronavirus pandemic as office and store closures across the U.S. have pushed more activity online, The Wall Street Journal reports. The remote data storage and processing services provided by Amazon, Microsoft, Google and others have become the essential link for many people to remain connected with work and families, or just to unwind.
Big tech firms are investing in data centers as they compete for the $214 billion cloud computing market. WSJ explains what cloud computing is, why big tech is betting big on future contracts.
Cloud-computing providers are emerging as among the few corporate winners in the coronavirus pandemic as office and store closures across the U.S. have pushed more activity online.
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