• MORGAN STANLEY: Cloud usage will more than double in the next two years -and that's great news for the stocks of these 8 high-tech companies

    2 monthes ago - By Business Insider

    Tech titans like Amazon and Microsoft aren't the only ones that are benefitting from the mass migration of businesses to the cloud.
    As cloud computing becomes more ubiquitous in the IT industry, those same cloud giants are ramping up the amount they're spending on servers and data center equipment - and that's great news for those vendors from whom they buy their hardware and software.
    Today, public clouds account for just 20% of all computing workloads, but that percentage could grow to 48% by the end of 2020, according to Morgan Stanley.
    In a report published on Tuesday, analyst Katy L...
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