Cloud Computing

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Cloud computing is the foundation for our digital and AI future

Emerging Economies are estimated to outpace Developed Economies within cloud computing growth, as they seek to close the current digital divergence. As an example,  the Russian Federation’s digital economy is estimated to be 3.8 per cent of GDP (2019). This is significantly behind USA and China which are estimated to be 10.8 and 9.8 per cent respectively.

As a result, the Russian data processing and cloud market is anticipated to grow at an above trend 22.7% CAGR (2018-22F), with current revenue estimated to be $458m in 2018.