23 06

The data and analytics company says the destabilization of many economies in the region due to COVID-19 has led several governments to encourage its small, medium and large enterprises to begin their digital transformation if they haven’t already, in the hopes that cloud adoption will cushion the long-term economic blow.

“Key verticals like banking and financial, healthcare and manufacturing sectors are witnessing a surge in demand for cloud computing-based solutions, owing to features like remote data storage capabilities and provisioning of privileges for hosted applications,” says GlobalData Technology Analyst, Anshuma Singh.

Public cloud providers like Amazon Web Services (AWS), Google Cloud, Microsoft Azure and others have seen similar bumps in revenue, and have promptly increased computation and storage capabilities as a direct result of the pandemic.

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