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 services refers to a variety of things from simple services like Dropbox to complete virtual data centers. Companies no longer have to worry about purchasing hardware or procuring physical locations, they can just outsource all of that to cloud service providers.

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