What service does cloud companies like Amazon and Microsoft provide that is so lucrative?

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I heard that’s the reason why Microsoft took off in value the last few years, and it’s the real cash cow for Amazon. However, I don’t really understand what the cloud is other than online drives like Dropbox

In: Technology

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Anonymous 0 Comments

Cloud companies provide server space, storage, and compute power in various forms that companies need. As a matter of fact, most website you visit nowadays run on Amazon Web Services. And nearly all runs on the big 3 providers (Microsoft, AWS or Google). So it’s not just file storage, but entire compute engines, networking, file storage, databasing, etc etc etc.

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