As part of our day-to-day life, cloud computing companies are completely necessary as they keep us interconnected and take care of streamlining our operations, allowing us to be more efficient and effective. They also make many tasks much easier to perform through their great technological solutions. These solutions can be applied from the financial area to the human resources area.
If you want to take advantage of the great boom and the strong demand of these companies, here are three cloud computing stocks to buy quick and that you can consider adding to your portfolio.
Source: IgorGolovniov / Shutterstock.com
Behind pharmaceutical companies and biotech companies there is a big figure that is responsible for providing them with cloud-based software solutions to streamline their entire operations, that big figure is Veeva Systems Inc (NYSE:VEEV).
Financially VEEV is completely stable and are always on the move. Its revenues speak for themselves as they are on the rise and if we focus on net income, it is growing consistently reflected in their market performance.
One of the particularities that distinguishes this company is its capacity for innovation.
For example, their most recent release, the Veeva Compass Suite, is a comprehensive set of tools that gives healthcare companies a much deeper understanding of existing patient populations and a picture of healthcare provider behaviors.
Its practically like giving you a complete and specific picture of the entire healthcare network landscape.
On top of that, they make a real impact on the lives of patients, as their training solutions are helping many companies modernize their employee qualification processes.
Source: Sundry Photography / Shutterstock.com
Next on the list of companies involved in the cloud computing sector is Workday Inc (NASDAQ:WDAY), which specializes in providing companies with cloud-based enterprise applications for financial management and human resources.
They provide practical software-based solutions that allow companies to streamline their processes in managing their financial operations and human talent.
One of the things that makes this company completely attractive is its great financial performance, since in their last financial quarter they indicated that their revenues increased by 16.7% compared to the same period of the previous year, which can be translated into $1.87 billion, what good figures.
As part of their most important metrics we have subscription revenues, which increased much stronger than their normal revenues, with 18.1%, reaching approximately $1.69 billion.
In addition to these incredible numbers, they are making important strategic alliances, where they have partnered with McLaren Racing to provide them with innovative solutions.
This partnership demonstrates the versatility of Workday, as they not only provide business solutions in traditional sectors, but they also have a large participation in completely competitive industries.
Source: Jonathan Weiss / Shutterstock.com
And to close the list of these companies completely necessary in our day to day, we have the giant Oracle Corporation (NYSE:ORCL), a technology company completely recognized worldwide.
This company specializes entirely in data management solutions and of course in cloud computing. One of its main commitments is to help organizations improve their efficiency and optimize their operations through completely innovative technological solutions.
Financially, this company is in a phase of solid growth specifically in its total revenue and in its cloud division.
One of the stars of this company is its cloud application suite, which has gained a strong foothold in the healthcare sector.
Large and important institutions such as Baptist Health Care and the University of Chicago Medicine, are adopting the solutions provided by this company to improve their experience with employees and of course the care of their patients.
In addition, they are expanding their global presence with the grand opening of a new cloud region in Nairobi, Kenya. This major expansion makes clear their important commitment to economic and technological development in the greater African continent.
Oracle Cloud Infrastructures (OCI) unique infrastructure allows them the great opportunity and advantage to offer governments and businesses the opportunity to drive innovation and growth in the region.
As of this writing, Gabriel Osorio-Mazzilli did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines(no position)
Gabriel Osorio is a former Goldman Sachs and Citigroup employee. He possesses discipline in bottom-up value investing and volatility-based long/short equities trading.
Read more here:
Get Rich Quick With These 3 Cloud Computing Stocks to Buy Now - InvestorPlace
- Roundup Of Cloud Computing Forecasts, 2017 - Forbes [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- RCom arm in tie-up for cloud computing - Moneycontrol.com [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- How Do You Define Cloud Computing? - Data Center Knowledge [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- 5 Cloud Computing Stocks to Buy - TheStreet.com [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Cloud Computing Continues to Influence HPC - insideHPC [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Red Hat's New Products Centered Around Cloud Computing, Containers - Virtualization Review [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Adobe bets big on cloud computing for marketing, creative professionals - Livemint [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Verizon sells cloud services to IBM in 'unique cooperation between ... - Cloud Tech [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- How Cloud Computing Is Turning the Tide on Heart Attacks - Fortune [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Hospital CIOs see benefits of healthcare cloud computing - TechTarget [Last Updated On: May 3rd, 2017] [Originally Added On: May 3rd, 2017]
- Trends In Cloud Computing - Business Solutions Magazine [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- A deeper dive into cloud security as a service: Advantages and issues - Cloud Tech [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- OpenText buys cloud computing firm for US$103 million - TheRecord.com [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Belfast IT firm celebrates cloud computing success in 57 countries ... - Belfast Telegraph [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Meet The Cloud Wars Top 10: The World's Most-Powerful Cloud-Computing Vendors - Forbes [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- How to approach cloud computing and cyber security in 2017 - Information Age [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- CFOs have discovered the big stick of cloud computing - InfoWorld [Last Updated On: June 6th, 2017] [Originally Added On: June 6th, 2017]
- Belmont Stakes Odds 2017: Latest Vegas Betting Lines Before Post Positions Draw - Bleacher Report [Last Updated On: June 7th, 2017] [Originally Added On: June 7th, 2017]
- Cloudistics Announces New Cloud Computing Program That Enables High Margin Reoccurring Revenue Models for ... - Marketwired (press release) [Last Updated On: June 7th, 2017] [Originally Added On: June 7th, 2017]
- CloudCheckr, cloud computing company expects rapid growth in Rochester - WXXI News [Last Updated On: June 7th, 2017] [Originally Added On: June 7th, 2017]
- IBM Losing Facebook's WhatsApp as Cloud Customer, says CNBC - Barron's [Last Updated On: June 7th, 2017] [Originally Added On: June 7th, 2017]
- What My Father Taught Me About Cloud Computing - Virtualization Review [Last Updated On: June 7th, 2017] [Originally Added On: June 7th, 2017]
- Workday Phenomenon Goes Global As Cloud Computing Goes Mainstream - Forbes [Last Updated On: June 7th, 2017] [Originally Added On: June 7th, 2017]
- New Cloud Computing and IT Outsourcing Requirements in the Financial Sector - JD Supra (press release) [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- 3 Things You Should Know About Cloud Computing Right Now - Fortune [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Learning in the Sky: Collaborative Robots Embrace Cloud Computing - Machine Design [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Best Practices To Manage Your Hybrid Cloud - Forbes [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Here's how venture capitalists are thinking about cloud computing companies and technologies - GeekWire [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Amazon is helping veterans find jobs in cloud computing - Marketplace - Marketplace.org [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- New Cloud Computing and IT Outsourcing Requirements in the Financial Sector - Lexology (registration) [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Growing Patent Claim Risks in Cloud Computing - Lexology (registration) [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- The benefits of cloud computing, Rust 1.18, and intelligent tracking prevention in WebKit SD Times news digest ... - SDTimes.com [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Edge Computing Is New Cloud Computing Tech Investors Should Track - GuruFocus.com [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Real Estate Weekly: Digital Realty Becomes A Cloud Computing Giant - Seeking Alpha [Last Updated On: June 9th, 2017] [Originally Added On: June 9th, 2017]
- Virtualization admin? Pivot -- pivot now -- to a cloud computing career - TechTarget [Last Updated On: June 10th, 2017] [Originally Added On: June 10th, 2017]
- Why isn't Cloud Computing in the 2017 Belmont Stakes? - FanSided [Last Updated On: June 11th, 2017] [Originally Added On: June 11th, 2017]
- Cloud Computing Companies Move Into Medical Diagnosis (GOOG, IBM) - Investopedia [Last Updated On: June 11th, 2017] [Originally Added On: June 11th, 2017]
- China's cloud industry moving to new era with emergence of unicorns - TechNode (blog) [Last Updated On: June 12th, 2017] [Originally Added On: June 12th, 2017]
- Terry Crews Is On Crackdown 3 Trailer, No Cloud Computing For Single Player - EconoTimes [Last Updated On: June 12th, 2017] [Originally Added On: June 12th, 2017]
- The Risks and Perquisites of Cloud Computing - DATAQUEST [Last Updated On: June 12th, 2017] [Originally Added On: June 12th, 2017]
- Alibaba Cloud announces launch of data centres in India and Indonesia - Cloud Tech [Last Updated On: June 12th, 2017] [Originally Added On: June 12th, 2017]
- Indonesia banks have yet to implement cloud computing - Jakarta Post [Last Updated On: June 13th, 2017] [Originally Added On: June 13th, 2017]
- 'Sweden is heaven for cloud computing': Amazon Nordic chief - The ... - The Local Sweden [Last Updated On: June 14th, 2017] [Originally Added On: June 14th, 2017]
- Amazon.com to open second government cloud-computing region ... - The Seattle Times [Last Updated On: June 14th, 2017] [Originally Added On: June 14th, 2017]
- Shadow raises $57 million for its cloud computing service for ... - TechCrunch [Last Updated On: June 14th, 2017] [Originally Added On: June 14th, 2017]
- Amazon Still Leads Cloud Rankings, But Competition Is Coming On Strong - Fortune [Last Updated On: June 16th, 2017] [Originally Added On: June 16th, 2017]
- Alibaba to enter European cloud computing market in mid-2017 | Air ... - Air Cargo World (registration) [Last Updated On: June 17th, 2017] [Originally Added On: June 17th, 2017]
- Alibaba to enter European cloud computing market in mid-2017 - Air Cargo World (registration) [Last Updated On: June 17th, 2017] [Originally Added On: June 17th, 2017]
- Pressing Tech Issue: Enterprise Software Vs. Cloud Computing? - Credit Union Times [Last Updated On: June 17th, 2017] [Originally Added On: June 17th, 2017]
- 7 Tips for Securely Moving Data to the Cloud - Government Technology (blog) [Last Updated On: June 20th, 2017] [Originally Added On: June 20th, 2017]
- Chinese tech giant Alibaba joins key open-source cloud computing foundation - GeekWire [Last Updated On: June 20th, 2017] [Originally Added On: June 20th, 2017]
- Microsoft Could Surpass Amazon in Cloud Computing This Year (AMZN, MSFT) - Investopedia [Last Updated On: June 20th, 2017] [Originally Added On: June 20th, 2017]
- GDS Holdings Limited (GDS) Announces Strategic Partnership with Tencent Cloud - StreetInsider.com [Last Updated On: June 20th, 2017] [Originally Added On: June 20th, 2017]
- Cloud first - Philippine Star [Last Updated On: June 20th, 2017] [Originally Added On: June 20th, 2017]
- Three Considerations for Reducing Risk in Cloud Computing - CIOReview [Last Updated On: June 21st, 2017] [Originally Added On: June 21st, 2017]
- Cloud Computing and Digital Divide 2.0 - CircleID - CircleID [Last Updated On: June 21st, 2017] [Originally Added On: June 21st, 2017]
- Microsoft will ride artificial intelligence, cloud computing to higher ... - CNBC [Last Updated On: June 21st, 2017] [Originally Added On: June 21st, 2017]
- Cloud-Computing Business Lifts Oracle's Profit -- Update - Fox Business [Last Updated On: June 21st, 2017] [Originally Added On: June 21st, 2017]
- Report affirms continued cloud spend for US businesses in 2017 - Cloud Tech [Last Updated On: June 22nd, 2017] [Originally Added On: June 22nd, 2017]
- Catching up with an interconnected federal cloud - GCN.com [Last Updated On: June 22nd, 2017] [Originally Added On: June 22nd, 2017]
- Cloud-Computing Business Lifts Oracle's Profit -- 2nd Update - Fox Business [Last Updated On: June 22nd, 2017] [Originally Added On: June 22nd, 2017]
- Cisco adapts to the rise of cloud computing - The Economist [Last Updated On: June 22nd, 2017] [Originally Added On: June 22nd, 2017]
- Amazon accuses Walmart of bullying in cloud computing clash - BBC News [Last Updated On: June 22nd, 2017] [Originally Added On: June 22nd, 2017]
- Companies plan to spend more on cloud computing services this year, higher prices among drivers: Clutch - Canadian Underwriter [Last Updated On: June 23rd, 2017] [Originally Added On: June 23rd, 2017]
- Survey: businesses ramp up spending on cloud computing DC ... - DC Velocity [Last Updated On: June 24th, 2017] [Originally Added On: June 24th, 2017]
- Morgan Stanley: Cloud computing is at 'an inflection point' but how big will it get? - GeekWire [Last Updated On: June 26th, 2017] [Originally Added On: June 26th, 2017]
- How the cloud has changed education and training - TNW [Last Updated On: June 26th, 2017] [Originally Added On: June 26th, 2017]
- Cloud computing key to 4th industrial revolution - News VietNamNet - VietNamNet Bridge [Last Updated On: June 26th, 2017] [Originally Added On: June 26th, 2017]
- Lady Eli, Cloud Computing Among Workers for Brown - BloodHorse.com (press release) (registration) (blog) [Last Updated On: June 26th, 2017] [Originally Added On: June 26th, 2017]
- Microsoft signs cloud-computing partnership with Box - The Seattle Times [Last Updated On: June 27th, 2017] [Originally Added On: June 27th, 2017]
- Microsoft Signs Cloud Computing Partnership with Box - CIO Today [Last Updated On: June 30th, 2017] [Originally Added On: June 30th, 2017]
- US action on Microsoft email case could devastate cloud computing - Irish Times [Last Updated On: June 30th, 2017] [Originally Added On: June 30th, 2017]
- Cloud computing challenges today: Planning, process and people - TechTarget [Last Updated On: July 2nd, 2017] [Originally Added On: July 2nd, 2017]
- Five podcasts to catch up on the latest trends in cloud computing - TechTarget [Last Updated On: July 2nd, 2017] [Originally Added On: July 2nd, 2017]
- Microsoft reportedly set to lay off thousands as part of massive sales reorganization - GeekWire [Last Updated On: July 3rd, 2017] [Originally Added On: July 3rd, 2017]
- VMware to surge more than 20 percent because the Amazon cloud ... - CNBC [Last Updated On: August 25th, 2017] [Originally Added On: August 25th, 2017]
- Google Unveils Custom Hardware Chip for Cloud - Investopedia [Last Updated On: August 25th, 2017] [Originally Added On: August 25th, 2017]
- Cloud Computing Confirmed for Travers | TDN | Thoroughbred Daily ... - Thoroughbred Daily News [Last Updated On: August 25th, 2017] [Originally Added On: August 25th, 2017]
- Why 2017 Is The Year To Understand Cloud Computing - Nasdaq [Last Updated On: August 25th, 2017] [Originally Added On: August 25th, 2017]
- Biz Cloud Computing - Four States Homepage [Last Updated On: August 25th, 2017] [Originally Added On: August 25th, 2017]