Public cloud financial investment has actually plunged in 2022 

United States and also European public cloud companies have actually shed $1.6 trillion from their total market capitalization over the last twelve month, a brand-new record has actually alerted.

Research (opens up in brand-new tab) by expert company Accel checked out the appraisal of 100 publicly-traded United States and also EU companies that focus their company designs around cloud storage space solutions.