RBC Capital Markets head of Australian investment research Garry Sherriff said for every dollar small businesses spent on applicable digital technologies, they would get $1.20 back.
Communications SaaS stock Whispir and aerial imaging technology company Nearmap were also pegged as potential winners. “NextDC is a second derivative, or second order, beneficiary from the potential incremental spend in cyber and cloud. Technology has to be housed or hosted somewhere, and NextDC builds, owns and operate data centres in which that technology can be hosted,” he said.
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