Amid the profound disruptions of the COVID-19 pandemic, cloud services have been a godsend in preventing the economy and people’s lives from coming to a complete standstill. Companies are increasingly using cloud-based platforms to function efficiently and flexibly with remote work requirements.

As the long-touted benefits of cloud computing such as agility and stability become a necessity for doing business, it is being adopted by a growing number of individuals and businesses. The demand for these services should continue to grow as public and private cloud servers become the new standard for daily front-end and back-end operations, information storage, and disaster recovery. The global cloud computing market is expected to reach $ 760.98 billion and with growth of a 18.6% CAGR over the next six years.

With reliance on cloud computing expected to grow, Box, Inc. (BOX) should deliver solid returns based on its increasing global presence and …

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