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Ann: Annual Report to shareholders, page-3

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    So it really is a verb now, love it;

    (computing) To convert and/or migrate data and application programs in order to make use of cloud computing. (food science) To make (a drink, etc.) cloudy.



    Interesting Ian's closing comment on people. Seems clear there will be increase in hiring and associated costs as he has identified it as a key area /risk (not his word). Also interesting in light of other posters highlighting loss of at least one Airovant person.
 
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