Cloud computing growing increasingly important in Industry 4.0
The arrival of the fourth industrial revolution has driven the market’s attention toward a variety of technologies. As AI and big data analysis call for swift data management and processing, the use of cloud computing continues to grow. In the past, enterprises’ computing environment was mainly characterized as a client-server system where a database was stored on site. Now the environment has become hybridized as many companies are transitioning to cloud computing. This has worked to boost the earnings and stock prices of relevant companies across the