When did cloud computing start to become popular? #SmallBiz - The Entrepreneurial Way with A.I.

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Wednesday, August 28, 2019

When did cloud computing start to become popular? #SmallBiz

#SmallBusiness

Around 2013 or so, the Cloud started to grow far faster than any of us had thought it would:

Amazon Web Services revenue 2018 | Statista

The markets took a while to catch up. There were dips in 2016 and otherwise.

But enterprise buying went on a tear. It turned our CIOs and bigger companies were ready to transfer as much as another 20% of their $1 trillion+ IT budgets to Cloud far faster than any of us knew. That $200b+ of additional Cloud and SaaS spend fueled 50+ Cloud unicorns and massive growth in AWS, Azure, etc.

It’s still accelerating.

We all knew before 2012–2013 it would be big.

But not this big. Not that it would accelerate.

View original question on quora

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Jason Lemkin, Khareem Sudlow