What’s the Forecast For Silicon Valley – And The Cloud?

“Economic factors are slowing down indicators like capital and valuations in the tech industry, but they haven’t slowed the migration of business-critical applications and workloads to the cloud,” Steve Mullaney, president and CEO, Aviatrix, wrote me in an email when I asked him about the economic climate. _“_Enterprises made the ‘all-in’ decision on cloud a few years ago and are now adding scale and business-critical applications such as SAP S/4HANA to the cloud. The train has left the station on cloud, and the tech slowdown is accelerating that movement.”