On Earth, the Economy Is Tanking. In the Cloud, It’s Fine

Catie Merrill, who tracks the cloud industry at analyst firm TBR, says all the leading cloud providers will likely splurge on hardware this year. “My sense is that they are going to increase that spend a lot to accommodate new demand,” she says. The trend will likely continue even as countries reopen, she says, because companies that already planned to shift more systems into the cloud are accelerating those plans. — Wired