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CFO Insights for Cloud Computing Companies
By Roman Z. Matatov, CPA, Senior Manager and Bruce Blasnik, CPA, Partner
Cloud computing is one of the fastest-growing technology sectors, both domestically and abroad. In the U.S., spending on cloud services has been growing at rates near or exceeding 20% annually and these growth rates are projected to continue through 2029 and beyond. With valuation multiples that can exceed 10x revenue, the opportunity for emerging cloud companies is quite large. The CFO plays a significant role in leveraging this opportunity and their keen insights can help add value.
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