Public cloud investment has plummeted in 2022
Public cloud investment has plummeted in 2022 But cloud-focused M&A activity remains healthy When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. US and European public cloud firms have lost $1.6 trillion from their overall market capitalization over the last 12 months, a new report has warned. Researchby analyst firm Accel looked at the valuation of 100 publicly-traded US and EU businesses that center their business models aroundcloud storageservices....