The cloud technology industry is one of the fastest growing segments of the technology sector. Cloud Technology's growth has already made large strides, however, with many industries migrating to the cloud, many research firms expect cloud computing to eclipse $1 trillion annually.

"It's inevitable that many of the multibagger stocks of the next decade will be connected to cloud technology in one way or another." - Lehner Investments

Here are a few potential multibaggers to start researching today.

Wearable Health Solutions, Inc. (OTCMKTS: WHSI) is a prime example of a company upgrading its technology to meet the needs of its clients utilizing cloud technology.

WHSI is set to release its next generation iHelp MAX(TM) 4G device. The device will do more than transmit an emergency alarm for the user and be able to send medical personnel vital signs, such as heart rate.

The next generation is being released as an update on WHSI's original iHelp(TM) remote medical alert system, a fully mobile PERS solution that operates anywhere with cellular coverage. The original 3G device offered tracking, geo-fencing, fall detection and extended battery life. It also has voice prompts for safety risk.

The upgraded iHelp MAX(TM) 4G features Wi-Fi, NFC (wireless data transfer) technology and Bluetooth 4.0 Low Energy features. It also offers "telehealth-ready" advantages such as remote monitoring and transmission of the user's health vitals to emergency personnel and caregivers.

How WHSI Leverages Cloud Technology to Assist Its Dealers

WHSI's cloud technology helps dealers sell more and ease account management allowing them to retain more subscribers. WHSI's iHelp Cloud, is a full-service, web-based, account management portal for managing its family of iHelp devices. It is used by iHelp dealers to manage their customers' devices, cellular networks, monitoring tasks and functionality.

The cloud technology helps create a wide range of reports to ensure users have the data needed, when it's needed.

Learn more about WHSI's potential here:

https://topnewsguide.com/wearable-health-solutions-inc-whsi-profile/

Pure Storage® (NYSE: PSTG), utilizes the cloud as an IT data storage company, it recently updated its Database-as-a-Service (DBaaS) Platform

"Our focus is to unify and simplify the world of platform and DevOps teams, who are tackling some of the biggest challenges when bringing Kubernetes applications in production to enterprise scale. With today's announcements we are providing our customers with a comprehensive Kubernetes suite of solutions that help them accelerate data services, run Kubernetes apps in production, and protect apps and data anywhere with a few clicks." - Murli Thirumale, VP and General Manager, Cloud Native Business Unit, Pure Storage.

Fastly, Inc. (NYSE: FSLY), recently acquired Glitch, a developer platform where more than 1.8 million developers innovate, create, and share full-stack web apps without having to run the infrastructure or manage tools themselves. Cloud computing makes this possible.

"Fastly was founded by developers, for developers and, together with Glitch, we take an important step forward in making it easier for customers to innovate at a layer in the software stack that they could not access before," said Artur Bergman, Chief Architect at Fastly. "This acquisition brings together two of the world's best ecosystems for application development into a single, seamless developer experience to deliver globally performant, secure and reliable applications at scale."

Ceragon Networks Ltd. (NASDAQ: CRNT), a 5G wireless transport company recently filed Q1 earnings.

CRNT announced revenues of $70.3 million and an EPS of $(0.03) per diluted share on a GAAP basis, or $(0.02) per diluted share on a non-GAAP basis. The multi-national company announced solid bookings in North America, India, Europe and LATAM.

Creative Realities, Inc. (NASDAQ: CREX), provides digital signage solutions, its financial results for the three months ended March 31, 2022.

Highlights included revenue growth of $5.8 million, or 115% and an impressive annual recurring revenue run-rate exceeding $13.5 million.

Start your research on WHSI here: https://topnewsguide.com/wearable-health-solutions-inc-whsi-profile/

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