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Hi Fellow Fools,

Cloud computing is big and will only get bigger. Here's a look at the players likely to gain the most from this ongoing trend.

Cloud computing is big business. Public cloud spending is expected to grow 18% year over year to an estimated $260 billion in 2017, according to market research company Gartner. That growth is expected to skyrocket to $411 billion by 2020.

Gartner states that the growth in cloud computing will be driven by "the migration of infrastructure to the cloud and increased demand from increasingly compute-intensive workloads (such as artificial intelligence [AI], analytics and Internet of Things [IoT])."

Phoenix 1 Contributor
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