Yes, according to IRAS website, cloud computing payment is one of the examples of qualifying expenditure for Acquisition and Leasing of PIC IT and Automation Equipment, which is one of the six Qualifying Activities under PIC.
More information can be found here:
Six Qualifying Activities under PIC
FAQ on PIC (note on Q16)
However, we do not provide any warranty that our customers would successfully claim the PIC grant nor to provide any consultation service on how to apply for the grant.
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