2 Growth Stocks Shaping the Future of Technology
In general, digital transformation is a good thing. Solutions like e-commerce, cloud computing, and software-as-a-service help enterprises operate more efficiently and scale with greater agility. But the explosion of new technologies also creates complexities.
Specifically, enterprises rely on an ever-increasing number of applications, and many of these applications create troves of data across various infrastructures and systems. Of course, all that data can be a valuable resource -- but only if you have the tools to harness its power.
With that in mind, Palantir Technologies (NYSE: PLTR) and Snowflake (NYSE: SNOW) help enterprises manage and make sense of data. And in a larger sense, both companies are shaping the future of technology, allowing clients to make better decisions and build more powerful applications. Here's what investors should know about these growth stocks.
Source Fool.com