Capital Group | 3 ways the cloud can change our future

The global economy experienced a marked acceleration in digital transformation during the COVID-19 crisis. According to data compiled by Statista, the world’s spending on digital transformation is projected to increase from US$1.3 trillion in 2020 to US$2.4 trillion in 2024.¹

While the pandemic benefitted new economy companies in industries such as e-commerce, digital payments and online entertainment, many old economy companies also found themselves moving into the digital age.

Here we outline three ways innovative companies are harnessing the potential of cloud technologies to disrupt their own industries, creating transformational growth.

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