Cloud endeavours

[odysseus2000]

It seems probable to me, barring some unexpected development, that the Cloud will be a vital infrastructure in all human endeavours going forwards. For an investor the question is how to profit from it.

Snowflake is an interesting new cloud IPO with a CEO who arrived in the US with $100 and is now worth circa $1.8b:

https://uk.finance.yahoo.com/news/snowf ... 05306.html

He flogged Data Domain to EMC, brought Service Now to IPO and has completed the IPO of Snowflake and he attracted some big name investors including Berkshire.

They have a wide range of products:

https://www.snowflake.com/innovation/#intro

This all looks very promising, but I wondered if anyone has used Snowflake and has any comments on them or other cloud plays.

Regards,

[UncleEbenezer]

The obvious answer is the big, established players, headed by Amazon and including other household names like Google and Microsoft, as well as more dedicated companies such as Rackspace (which I've used for many years - since they bought up a smaller company I was with when the virtualisation underlying the Cloud first emerged).

In investment terms I don't have direct exposure, but do hold Scottish Mortgage.