Just a week ago Apple (NASDAQ:AAPL) ushered in a paradigmatic revolution for technology, announcing plans to bring its iCloud service to the mainstream this fall. With iCloud ready to hit the markets, and similar cloud services rumored to be looming large in plans of competitors Microsoft (NASDAQ:MSFT), Google (NASDAQ:GOOG), and Amazon (NASDAQ:AMZN), which companies (aside from service providers) stand to gain the most from the future of cloud computing?
Here’s your Cheat Sheet to a few categories of companies that can expect to see big money from the move to the cloud:
1) Data Storage Companies: Just yesterday we told you how analysts at investment banks such as Credit Suisse (NYSE:CS) are already boosting their outlook on data storage firms NetApp (NASDAQ:NTAP) and EMC (NYSE:EMC). Expect the run on data storage companies to continue as cloud servers will require storage space like you’ve never seen before. If you don’t believe me, and think that all that data really will just go up to a “cloud” somewhere, check out this insane, 500,000 square foot facility Apple (NASDAQ:AAPL) just built in North Carolina to host cloud data servers and storage. With cloud services that host users’ entire music libraries, data storage firms are a safe bet for the long-run, take a look at young companies like Rackspace (NYSE:RAX), Equinix (NASDAQ:EQIX), SAVVIS (SVIS), as well as old timers Dell (NASDAQ:DELL), IBM (NYSE:IBM), and HP (NYSE:HPQ), who are all heavily invested in storage servicing. Don’t Miss: Will Fanatical Support Propel This Company Past Cloud Computing Competitors?
2) App Developers: With the move to the cloud expect customers to use mobile devices more than ever before. And why not, if you can access any or all of your information from your computer, ipod, ipad or whatever it may be on your phone (as the iCloud service will permit). The weightier dependence on mobile devices that will come with the cloud revolution should be a boon to App Developers, who will have a whole new market to cater to and a whole new service to provide in creating phone or tablet apps to simplify user’s cloud experience. Expect primary service providers Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), Amazon (NASDAQ:AMZN), to pay top dollar to App-makers that can make the transition easier on their customers.
3) Infrastructure Services: In any revolution, someone’s got to lay the groundwork. In this one, that involves making sure all the computer’s are plugged in to outlets and all the red wires go into the red-colored receivers, etc… So telecommunications and electronics companies who lay down the pipelines for the cloud revolutions are a good bet. All that data traffic and bandwidth has to get from place to place, and with cloud computing hitting the mainstream expect a traffic overload that will require never before seen broadband capacities to keep services afloat. Companies like Cisco (NASDAQ:CSCO), Alcatel-Lucent (NYSE:ALU), Ciena Corporation (NASDAQ:CIEN), that sell networking and communications equipment to support data traffic are good bets.
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