Should You Invest in the Global X Cloud Computing ETF CLOU? September 5, 2023

The rapid growth of the Internet of Things (IoT) has been a leading contributor to the development of the cloud computing sector, with the SaaS segment being the most popular cloud model in the industry. The AWS Global Infrastructure gives you the flexibility of choosing how and where you want to run your workloads, and when you do you are using the same network, control plane, API’s, and AWS services. If you would like to run your applications globally you can choose from any of the AWS Regions and AZs. If you need to run your applications with single-digit millisecond latencies to mobile devices and end-users you can choose AWS Local Zones or AWS Wavelength.

global cloud

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

ETF Objective

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period. The Global X Cloud Computing ETF (CLOU) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index.

global cloud

By subscribing to email updates you can expect thoroughly researched perspectives and market commentary on the trends shaping global markets. Topics may span disruptive tech, income strategies, and emerging economies. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price. Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable).

Sales and Leasing

Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. “Current inflationary pressures and macroeconomic conditions are having a push and pull effect on cloud spending,” said Sid Nag, Vice President Analyst at Gartner. “Cloud computing will continue to be a bastion of safety and innovation, supporting growth during uncertain times due to its agile, elastic and scalable nature. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

global cloud

The company offers aviation services including aircraft sales and leasing, training and aircraft maintenance services. The company has facilities at Perth Airport and Glasgow Airport, and also provide technical support and aircraft re-marketing services for general aviation and commercial aircraft. The business now offers a range of specialist services including flight training, aircraft maintenance and technical support, aviation recruitment services, asset management, aircraft sales and leasing and component sales.

Cloud Vendors

When deploying your applications and workloads to the cloud, you have the flexibility in selecting a technology infrastructure that is closest to your primary target of users. You can run your workloads on the cloud that delivers the best support for the broadest set of applications, even those with the highest throughput and lowest latency requirements. And If your data lives off this planet, you can use AWS Ground Station, which provides satellite antennas in close proximity to AWS infrastructure Regions.

  • Plains, the evolution of the India and China monsoons, the onset of “The Wet” in Australia, the annual cycle of the Intertropical Convergence Zone (ITCZ) and many other seasonal changes as recorded in the cloud record.
  • You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
  • All data flowing across the AWS global network that interconnects our datacenters and Regions is automatically encrypted at the physical layer before it leaves our secured facilities.
  • The global cloud security market is set to experience substantial growth, expanding from USD 40.7 billion in 2023 to USD 62.9 billion by 2028, at a compelling CAGR of 9.1% during this period.
  • “Current inflationary pressures and macroeconomic conditions are having a push and pull effect on cloud spending,” said Sid Nag, Vice President Analyst at Gartner.

Furthermore, the surge in acquisitions and investments undertaken by major market participants constitutes another compelling factor propelling the revenue augmentation. A notable illustration is observed through Informatica’s significant enhancements to its AI-Powered Intelligent Data Management Cloud (IDMC) during the Informatica World 2023, the company’s annual client conference held in Las Vegas on May 10, 2023. The Indxx Global Cloud Computing Index provides exposure to exchange-listed companies in developed and emerging markets that are positioned to benefit from the increased adoption of cloud computing technology. These six indicators combine the extent to which each country’s constituents access the outputs of cloud application and services across public and private sectors. The United States has the world’s biggest cloud computing market, followed by Europe and the Asia Pacific. The global market is highly competitive, and there are just a handful of players who dominate the industry.

Amazon Maintains Lead in the Cloud Market

The Fund invests in securities of companies engaged in Information Technology, which can be affected by rapid product obsolescence and intense industry competition. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. AWS has six local zones across the Asia-Pacific region, including in Delhi, Manila, Auckland, and Perth.

global cloud

Follow news and updates from the Gartner IT practice on Twitter and LinkedIn. Trust us to leverage the latest advancements in software development and artificial intelligence technology to unlock new possibilities and drive innovation for your company. A good software development team is key to enhancing business performance and bypassing competitors in the digital era. The engaged specialists must possess in-depth skills and get a sense of the customer’s idea to deliver a successful product.

Wavelength Zones

The COVID-19 pandemic brought with it the worldwide phenomenon of working from home and remote working. People started connecting with their workplaces from all over the world, and this remote work concept rapidly increased the demand for cloud services worldwide. The global cloud computing market underwent solid double-digit growth in the last few years. In April 2008, Google announced App Engine, a platform for developing and hosting web applications in Google-managed data centers, which was the first cloud computing service from the company.

From predictive analytics and natural language processing to computer vision, our team of AI engineers will transform ideas into reality. According to Garman, the dedicated zones, operated by local AWS staff, provide these cloud benefits with added security and governance features, including options to apply security clearance or other criteria on local global cloud AWS operating personnel. Today, cloud is computing—a foundational resource for businesses and governments alike as they strive to harness emerging technologies such as 5G, artificial intelligence, and the internet of things. Of the $545.8 billion in cloud revenue measured in 2022, IDC claims an estimated $246.3 billion came from SaaS Applications.

Identity and security

Global Cloud Tech’s IT solutions help businesses increase efficiencies, streamline costs, and remain competitive in an extremely fast-changing market. Our dedicated software development company ensures that your project is completed in the estimated time thanks to our agile approach. We guarantee the quality and efficiency of the product, as well as providing updates if necessary. With our expertise in AI software development solutions, we deliver applications tailored to your business needs.