Hacker Noon May 5, 2023
When it was first introduced in 2006, cloud computing truly embodied the ideas that the internet was founded on – democratized access to information and equitable access to technology. Cloud computing services ushered in an era of change for businesses worldwide, where they could now access cutting-edge data storage and processing tools for a fraction of the earlier cost.
The popularity of cloud computing has grown substantially in recent years, with close to 94% of businesses worldwide using some form of this technology. Even so, the number of major cloud service providers in the market has virtually remained the same over the same period. As a result, most of the world’s companies are now reliant on a handful of Big...
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