In spite of recent a downward trend, the future remains bright for cloud

When it comes to cloud growth, it’s probably safe to say that the sky isn’t falling, even though revenue growth rates have been. We’ve seen the aggregate public cloud revenue growth decline from 32% in Q1 last year to 19% this year. That’s a pretty steep drop-off, and it shows that the cloud has run into some headwinds.
As a result, we have seen folks talking about a great repatriation where cloud workloads will move back on-prem, but the evidence doesn’t suggest that’s happening. Instead, companies may be slowing cloud migration as they look at the most efficient way to distribute their workl

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