The idea of cloud computing has been around for a while. Companies used to have big data centers which they sustained. With the raise of hosting providers, things changed. Companies stopped hosting their sites on local infrastructure and leveraged the infrastructure of others.
Now, instead of paying for administrators, servers and other expenses, it was far easier and faster to delegate this to a trusted provider.
The next level is to move the entire business to a 3rd party infrastructure and reduce the headcount and the support functions.
This approach also exposes companies to a higher risk. And also provides a more Agile and faster development.
Being faster becomes crucial in today’s competitive landscape thus, for now, cloud companies are the winners in this new era of digital transformation.