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Deloitte’s report published Tuesday found that strategic investments in cloud migration, cloud-native projects and related cyber and machine learning services have an outsized impact on market valuation and shareholder returns. The analysis of over 4,500 companies over a 10-year period found that cloud investments yielded roughly three-times the market value compared to cyber investments alone. Investors consistently reward companies for cloud adoption, as it is seen as a foundation for successful businesses to build out other technological capabilities.