Cloud Computing: An Overview Cloud shifted the paradigm from owning hardware to renting computing resources on-demand. Hardware became a service.
Key Players in the Cloud Industry 🟨 The cloud computing market is dominated by several major providers, often referred to as the “Big Seven”, also called hyper-scalers. They are usually not interested in making it interoperable (they prefer the lock-in).
Amazon Web Services (AWS): The largest provider, offering a comprehensive suite of cloud services. Microsoft Azure: Known for deep integration with enterprise systems and hybrid cloud solutions. Google Cloud Platform (GCP): Excels in data analytics, AI/ML, and Kubernetes-based solutions. IBM Cloud: Focuses on hybrid cloud and enterprise-grade AI. Oracle Cloud: Specializes in database solutions and enterprise applications. Alibaba Cloud: The leading provider in Asia, offering services similar to AWS. Salesforce: A major player in SaaS, particularly for CRM and business applications.
These providers collectively control the majority of the global cloud infrastructure market, enabling scalable and on-demand computing resources for businesses worldwide. Capital and Operational Expenses in the Cloud Definition for CapEx and OpEx 🟥 Cloud computing transforms traditional IT cost structures by shifting expenses from capital expenditures (CapEx), such as purchasing servers and data centers, to operational expenditures (OpEx), where users pay only for the resources they consume.
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