. https://www.wsj.com/articles/enterprise-it-companies-ride-spending-wave-11573515075

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ENTERPRISE IT COMPANIES RIDE SPENDING WAVE
Enterprise information-technology firms are taking a bigger share of indexes of valuable companies, as businesses increase spending on cloud computing, data analytics and artificial intelligence.The trend is also helping business-tech stalwarts including Microsoft Corp. , International Business Machines Corp. and Salesforce.com Inc. maintain strong positions in such rankings, as former highfliers in other industries fall out of them, analysts say.Many big tech companies “made smart where-to-play choices” by getting into the fast-growing enterprise IT market early, said Scott Anthony, a senior partner at Innosight, the strategy and innovation practice of Huron Consulting Group Inc. “Roughly two-thirds of growth comes from market momentum, that is, being in segments where the wind is at your back,” Mr. Anthony said.A record 184 technology companies made it into this year’s Global 2000, an annual ranking by Forbes magazine of the world’s largest public companies, based on sales, profits, assets and market value. That is up from 130 tech firms on last year’s list. READ MORE