OVHcloud hikes 2022 revenue target on solid growth momentum


FILE PHOTO: The logo of French cloud computing company OVHcloud is seen on a data-center building in Strasbourg, France, October 13, 2021. REUTERS/Christian Hartmann

(Reuters) -French cloud computing company OVHcloud on Thursday raised its 2022 objective for revenue growth, citing increased demand for sovereign cloud offerings and solid commercial momentum, including contacts with major companies and public entities.

The newly-listed cloud services provider now expects to report revenue growth between 15-17% for the twelve months to August 31, compared with its earlier growth estimate of 12.5%-15%.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

EU to probe Meta over handling of Russian disinformation, FT reports
US man charged with sex-related crimes, used Instagram to lure teens
Apple's iPadOS subject to tough EU tech rules, EU says
TikTok creators fear economic blow of US ban
OpenAI to use FT content for training AI models in latest media tie-up
ChatGPT faces Austria complaint for ‘uncorrectable errors’
Social media platform X back up after outages, Downdetector shows
Sleeping Amazon driver’s fatal crash into teacher was preventable, US lawsuit says
Elon Musk’s China trip pays off with key self-driving hurdles cleared
Microsoft CEO to meet Indonesian president during regional tour

Others Also Read