The Index tracks the performance of companies that are in the Cloud Computing Industry. The Cloud Computing Industry is involved in the delivery of computing services- servers, storage, databases, networking, software, analytics and more over the Internet which is referred to as ‘The Cloud’. To be eligible for inclusion in the Initial Universe, securities must have a primary listing in Developed or Emerging Markets, excluding India, with a minimum market capitalization of $ 200 million. In order to qualify for inclusion in the index, a company must either: • derive greater than or equal to 50% of its revenues from one the cloud sub-themes (“Cloud Computing Companies”); or derive equal to or greater than $500M from the provision of public cloud infrastructure (“PublicCloud Companies”). Public Cloud Companies are those that focus solely on providing public cloud infrastructure rather than platforms that provide access to the public cloud services of third parties. From the eligible list, the Index includes a) the Top 30 Cloud Computing Companies ranked by revenue percentage attributed to cloud computing; and b) the top 10 Public Cloud Companies by revenue attributed to public cloud infrastructure.
4,544.88
As of 01/25/2023
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