MGI Cloud30 Index Now Available - Best Proxy for Cloud Computing Industry Growth

Share Article

MGI Research announces availability of MGI Cloud30 Index data. The cloud computing trend outpaces IT and is delivering strong results in the financial markets.

"While it is unclear if cloud computing will deliver on all its promises, cloud computing companies are clearly outpacing the rest of the IT industry."

MGI Research, LLC announced today the general availability of MGI Cloud30TM Index data.

“Cloud computing has emerged as one of the most dominant and disruptive trends in technology. It is one of the key tools in transforming enterprise IT and is the underlying enabler of both social networking and mobile computing”, said Igor Stenmark, Managing Director of MGI Research. "While it is unclear if cloud computing will deliver on all of its promises, the reality is that no technology project is undertaken today without evaluating the use of cloud computing. The MGI Cloud30TM Index is intended to be the most accurate proxy of the financial impact of cloud computing – whatever direction it takes”, Mr. Stenmark continued.

The current data for MGI Cloud30TM Index indicates that over the past three years, the cloud computing trend generated a distinct and above average impact in financial markets.
The MGI Cloud30TM Index is comprised of shares of thirty US-listed companies that have the most direct exposure to cloud computing. Today’s announcement makes the MGI Cloud 30 Index historical data generally available.

For data access, licensing information, details on index components, methodology and weights, refer to or contact MGI Research at +1 (888) 801-3644 or via email:

About MGI Research: MGI Research is an independent industry research and advisory firm focused on disruptive trends in the technology industry. The company serves the needs of enterprise technology buyers, industry executives and institutional investors. Through subscription research, advisory engagements, industry studies and events, MGI Research helps enterprise technology executives identify opportunities for reducing IT costs and minimize technology risks. MGI Research analysts work closely with user organizations to model ROI and TCO tradeoffs, benchmark operational metrics and to create practical strategies for new initiatives such as mobile, virtualization, SaaS and cloud computing. MGI Quant models and indices use quantitative methods to help technology investors and industry executives make more informed and timely go/no-go investment decisions, optimize valuations and generate new ideas. MGI Research, MGI Cloud30 and MGI Cloud30 Index are registered trademarks of MGI Research, LLC.

IMPORTANT DISCLOSURES: This document does not represent an offer or a recommendation to buy or sell securities of any kind. The MGI Cloud 30 Index is intended to be used as a tracking mechanism and does not represent an investment program or strategy in any form. Inclusion of any company in MGI Cloud 30 Index does not represent an endorsement of a company or an investment recommendation on any of its securities by MGI Research, LLC. It is not possible to invest directly in an index. MGI Research, LLC and its affiliates, subsidiaries, directors, officers, shareholders, employees and agents (collectively "MGI Research") does not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any MGI Research index. MGI Research receives compensation in connection with licensing of its indices to third parties as well as for its research.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Andrew Dailey
Email >
Visit website