Cloud Cash update 10/22/15

“There is no money in The Cloud”, “The Cloud is just the Internet re-branded”, “No one will ever use The Cloud because of security”.  We’ve heard it all, and then some ad nauseum.

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Ahhh, such sweet vindication.  CloudIsAFad.com was born many years ago when the debate of ‘The Cloud’ as a viable business model was real.  There were a lot of questions at the time.  There were many doubters and naysayers.  In fact the constant bashing of ‘The Cloud’ as just ‘the internet be-branded’ was what began the IsAFad.com revolution.

IsAFad.com-Reference-Model-AIFRM-graphicToday, 10/22/15, CloudIsAFad.com would like to declare that ‘The Cloud’ has officially crossed-the-chasm.

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Would you agree or do we still need to debate whether ‘The Cloud’ is a viable business model?  Below is a story that summarizes the Cloud success, or failure, of several technology giants.  We choose two bullet points that were of interest to us for your quick reference:
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The Cloud Is Raining Cash on Amazon, Google, and Microsoft

http://finance.yahoo.com/news/cloud-raining-cash-amazon-google-003005024.html

  • Amazon.com, Google, and Microsoft all topped profit estimates last quarter, highlighting the widening gulf between companies that deliver computing via server-laden warehouses and a generation of latecomers to the cloud boom. Together, the three companies added more than $90 billion in market cap in after-hours trading following their earnings reports on Thursday.
  • “You are seeing the cloud shift everyone was talking about, and Microsoft and Amazon are benefiting from it,” said Sid Parakh, a portfolio manager at Becker Capital Management, which has about $3 billion under management. “Oracle, IBM, even VMware are reporting very weak numbers and really no momentum in cloud.”

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