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New York, Jan. 20, 2021 (GLOBE NEWSWIRE) Tech Capital, the trusted source for technology news and analysis, is highlighting the excitement surrounding cloud computing through recent comments from some of the top executives from Microsoft Inc (NASDAQ:MSFT), Fastly Inc (NYSE:FSLY), NexTech AR Solutions Inc (NEO:NTAR.NE) (CSE:NTAR) (OTCQB:NEXCF), Cloudflare Inc (NYSE:NET), and Crowdstrike Holdings Inc (NASDAQ:CRWD).
The COVID-19 pandemic has accelerated spending on cloud computing, automation, artificial intelligence and machine learning and Microsoft and Amazon Web Services appear to be big winners. In a recent survey, 61% of respondents said they would increase spending on Microsoft Azure in 2021 and 54% planned to increase spending on AWS.