How 'Cloud and AI' Are Fueling Record Valuations for Legacy Software Firms
Saturday, 29 June 2024, 19:00
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Legacy Software Firms Reach Record Valuations
The stock market is witnessing a surge in valuations for legacy software giants like Oracle, SAP, and IBM, driven by the growth of 'Cloud and AI' technologies.
Growth Powered by 'Cloud and AI'
This reflects the increasing importance of cloud computing and artificial intelligence in reshaping the future of these tech giants.
- Oracle, SAP, and IBM are witnessing positive investor responses to their strategic shifts.
- Investors are recognizing the transformative potential of these companies focused on innovative solutions.
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