DATA
Deals in decline: cloud deals decreased significantly in mining in H2 2021
Deals relating to cloud in the mining industry operations and technologies sector have seen a decrease of 66.7% from H2 2020 to H2 2021, an analysis of GlobalData's deals database reveals.
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This decline mirrors the growth from the 66.7% increase in deals that occurred in H1 2021, relative to the same period a year earlier. GlobalData’s deals database looks at mergers, acquisitions, and venture capital and private equity investments taking place daily between thousands of companies across the world.
During the second half of 2021, deals relating to cloud accounted for 1% of all deals taking place in the sector. This represents a decrease from the figure of 3% in second half of 2020.
GlobalData's thematic approach to sector activity seeks to group key company information on investments to see which industries are best placed to deal with any issues they may encounter.
These themes, of which cloud is one, are best thought of as "any issue that keeps a CEO awake at night", and by tracking them, it becomes possible to ascertain which companies are leading the way on specific issues and which ones have some work to do.
