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COVID-19 Impact on Cloud Computing

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Apurvaj @Apurvaj · May 18, 2021

The report "Global COVID-19 Impact on Cloud Computing Market, By Technology (SaaS, IaaS, and PaaS), By Vertical (Banking Financial Services & Insurance, Healthcare & Life Sciences, IT & ITeS, Retail & Consumer Goods, Telecom, Energy & Utilities, Government & Public Sector, and Manufacturing), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”.

Key Highlights:

  • In May 2020, Microsoft introduced a number of new cloud computing services across its UK Azure regions to help keep organizations’ data secure and enable innovation through the use of bots, IoT technology, and more. The company has released 10 new services for its cloud platform in this country, including some that utilize the most cutting-edge cybersecurity technology available today.
  • In May 2020, Deutsche Börse AG and SAP SE have entered a strategic partnership to advance digitalization and standardize the IT systems of the stock market operator and market structure provider. Their goal is to develop a framework for the secure use of cloud-based SAP services that satisfies the high regulatory requirements of the financial sector. Deutsche Börse is one of the first financial companies to migrate its business processes from on-premise solutions to the latest generation of SAP business software and, where possible, cloud solutions from SAP.