Life in the Cloud

Cloud’s Trillion-Dollar Prize

Episode Summary

What if there were an untapped trillion dollars of value within an industry? McKinsey Quarterly makes that claim in their recent quarterly article, titled Cloud’s trillion-dollar prize is up for grabs. Demonstrated from the start of the article, the value of cloud computing is still at the tip of the iceberg. CEO of Moderna, Stéphane Bancel gives credit to the cloud for their development of a Covid vaccine.

Episode Notes

What if there were an untapped trillion dollars of value within an industry? 

McKinsey Quarterly makes that claim in their recent quarterly article, titled Cloud’s trillion-dollar prize is up for grabs.

Demonstrated from the start of the article, the value of cloud computing is still at the tip of the iceberg. CEO of Moderna, Stéphane Bancel gives credit to the cloud for their development of a Covid vaccine.

Where does McKinsey calculate the unrealized trillion dollars? 

In this episode of Life in the Cloud, Jake Jorgovan and host Kris Reddy delve more into the details of the article. An estimated two-thirds of the economic opportunities are within innovation. About one-third of it lies within rejuvenation or optimization.

What industries are poised to make the most out of the trillion-dollar market growth? Listen in now to learn this and more about the seven demand drivers making up the cloud opportunity.

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