VentureBeat February 26, 2023
Neeraj Hablani, Neotribe Ventures

In the 2000s, the “cloud” began to take off. Programmers and businesses started to procure virtual compute resources in an on-demand fashion to run their software and applications.

Over the last two decades, developers have grown accustomed to, and reliant on, instantly available infrastructure managed and maintained by someone else. And this is no surprise. Abstracting hardware and infrastructure away enable developers and companies to focus on product innovation and user features above all else.

Amazon Web Services, Microsoft Azure and Google Cloud have made storage and compute ubiquitous, on-demand and straightforward to deploy. And these hyperscalers have built robust, high-margin businesses atop this approach. Organizations reliant on the cloud have traded capital expenditures (servers and hardware) for operating expenditures...

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