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Long Term Outlook for Software/Cloud Computing Seems Sunny

“Software is eating the world.”

Though Internet entrepreneur Marc Andreessen famously wrote those words eight years ago, the phrase is still—and maybe more—relevant today than ever. What product doesn’t have some software either embedded in it or connected to it, whether cars, clothes, appliances, homes, you name it. And more importantly for investors, the computing and artificial intelligence (AI) explosion is probably nowhere near done. Not even close.

Software, and cloud computing app...

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