Investor confidence is highest in cloud computing say venture capitalists
September 21, 2015
Grazed from BusinessCloudNews. Author: Editorial Staff.
Cloud computing has been hailed as the strongest technology investment sector for the third time in a row in a survey that gauges confidence among capital, private and growth equity speculators. The cloud sector came out strongest in the 2015 Global Venture Capital Confidence Survey compiled by Deloitte and the National Venture Capital Association (NVCA).
The study quizzes 200 speculators on the general venture capital environment as well as other market factors such as conditions in industries and across regions. While biopharmaceuticals and robotics reported the highest levels of confidence growth, and the Internet of Things (IoT) was recognised for the first time by the study, cloud computing was the top tech trend for the third year in a row…
When the survey group was asked to gauge their levels of confidence in a technology, cloud was the most convincing quantity in which investors would put their faith, with a confidence rating of 4.18 out of 5. Mobile came in second place with a rating of 4.05, while new category the IoT came third with a score of 3.95. Software was a close fourth with a rating of 3.82 on the confidence range…
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