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Watch: Multi-Billion Dollar Okta CEO Says Cloud Space Is in 'The Third Inning'

The cloud space is still early in terms of adoption, according to Todd McKinnon, CEO of the newly public cloud company Okta, with a $3.1 billion market cap.
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The cloud space is still early in terms of adoption, according to Todd McKinnon, CEO of the newly public cloud company Okta (OKTA) - Get Okta, Inc. Class A Report , with a $3.1 billion market cap.

"I would say [we're in the] third inning," he said, referring to the cloud space. "A lot of the mindset has shifted toward the future - a lot of the game is left to be played."

Okta's clients include Adobe (ADBE) - Get Adobe Inc. Report and Nordstrom (JWN) - Get Nordstrom, Inc. (JWN) Report , among thousands of others. 

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Okta shares are up 13% since its April 2017 IPO.

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