Filings buzz within the aerospace and defence sector: 170% improve in cloud computing mentions in Q2 of 2022

Mentions of cloud computing inside the filings of firms within the aerospace and defence sector rose 170% between the primary and second quarters of 2022.

In complete, the frequency of sentences associated to cloud computing between July 2021 and June 2022 was 124% greater than in 2016 when GlobalData, from whom our knowledge for this text is taken, first started to trace the important thing points referred to in firm filings.

When firms within the aerospace and defence sector publish annual and quarterly stories, ESG stories and different filings, GlobalData analyses the textual content and identifies particular person sentences that relate to disruptive forces going through firms within the coming years. Cloud computing is one among these matters – firms that excel and put money into these areas are regarded as higher ready for the long run enterprise panorama and higher geared up to outlive unexpected challenges.

To evaluate whether or not cloud computing is that includes extra within the summaries and methods of firms within the aerospace and defence sector, two measures have been calculated. Firstly, we regarded on the proportion of firms which have talked about cloud computing at the least as soon as in filings throughout the previous twelve months – this was 69% in comparison with 30% in 2016. Secondly, we calculated the proportion of complete analysed sentences that referred to cloud computing.

Of the 20 greatest employers within the aerospace and defence sector, Leonardo was the corporate which referred to cloud computing probably the most between July 2021 and June 2022. GlobalData recognized 57 cloud-related sentences within the Italy-based firm’s filings – 0.7% of all sentences. Basic Dynamics talked about cloud computing the second most – the difficulty was referred to in 0.2% of sentences within the firm’s filings. Different prime employers with excessive cloud mentions included Leidos, Thales and Saab.

Throughout all firms within the aerospace and defence sector the submitting printed within the second quarter of 2022 which exhibited the best concentrate on cloud computing got here from Leonardo. Of the doc’s 3,598 sentences, 27 (0.8%) referred to cloud computing.

This evaluation offers an approximate indication of which firms are specializing in cloud computing and the way necessary the difficulty is taken into account inside the aerospace and defence sector, but it surely additionally has limitations and needs to be interpreted rigorously. For instance, an organization mentioning cloud computing extra recurrently shouldn’t be essentially proof that they’re utilising new strategies or prioritising the difficulty, nor does it point out whether or not the corporate’s ventures into cloud computing have been successes or failures.

Within the final quarter, firms within the aerospace and defence sector based mostly in Western Europe have been probably to say cloud computing with 0.14% of sentences in firm filings referring to the difficulty. In distinction, firms with their headquarters in the USA talked about cloud computing in simply 0.09% of sentences.

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