Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder Bob Evans. Each episode provides insights and perspectives around the “reimagination machine” that is the Cloud.
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In this Cloud Wars Minute, Bob Evans reviews the latest changes to the Cloud Confidence Index, which demonstrates that four companies have earned the public’s confidence.
00:30 — After starting the Cloud Confidence Index last month, Bob notes that every month he will be checking on the relative market caps of the Cloud Wars Top 10 companies over the prior 30-day period. He notes that the market caps cumulatively give a notion of the public’s confidence in these companies and their ability to grow.
01:26 — For the past 30 days (Jan. 20 through Feb. 20), a few companies stood out in the Cloud Confidence Index. Overall, the index was up — only a few companies fell, and those were relatively slight. All of the details will be available later today in the full-length Cloud Wars News article.
01:47 — Bob notes the four companies that stood out in the last thirty days:
- Microsoft’s market cap was up 7.3% to a valuation of $1.92 trillion
- Salesforce’s market cap was up 9.3% to a valuation of $165 billion
- Workday’s market cap was up 7.7% to a valuation of $47.8 billion
- Snowflake’s market cap was up 6.7% to a valuation of $49.6 billion
03:51 — “The big picture here behind the Cloud Confidence Index” is one of seeing how business people and the overall public feel about the potential of these companies to continue driving extraordinary growth, notes Bob.