Cloud-related deals in the automotive industry declined in the first half of 2021 – Just Auto

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Cloud-related deals accounted for 3.3% of all announced deals in the automotive manufacturing and supply sectors in the first six months of 2021.

This corresponds to a decrease from the value of 4.5% in the last six months of 2020 and an increase of 2.1% in the first six months of 2020.

GlobalData’s Deals database examines mergers, acquisitions, and venture capital and private equity investments that occur daily among thousands of companies around the world.

In the first six months of 2021, the total number of announced deals in the automotive manufacturing and supply sectors increased 8% over the same period in 2020.

GlobalData’s thematic approach to sector activities aims to group key company information about investments to see which industries are best suited to address issues that may arise.

These topics, which include the cloud, can best be thought of as “any problem that keeps a CEO up at night”. By tracking them, one can determine which companies are leaders on certain issues and which companies have work to do.

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