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High yield Iomart is worth betting on

The cloud computing company has switched its strategy and is starting to see some benefits
High yield Iomart is worth betting on Published on November 27, 2024
  • Still generates strong free cash flow
  • Atech acquisitions accelerates its switch to hybrid model

Cloud computing company Iomart (IOM) needed a reset after growth went into reverse. The plan is a ‘hybrid strategy’. This entails integrating private infrastructure, with both public and private clouds, so companies don’t have to move all their data from their own servers. 

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