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September 2019

Cloud Enablement

According to Gartner, the worldwide public cloud services market is projected to grow 18% percent in 2019 to $214b, up from $182b in 2018.  More importantly, cloud technology and services are expected to grow 3x as fast (16% CAGR) as the broader IT services industry through 2022.  Given this exponential growth trajectory, smaller cloud services firms will likely look to M&A in order to keep up with the demands of an ever changing market by acquiring new capabilities, talent, market share, reputation, etc..