. https://www.sharesmagazine.co.uk/news/shares/cloud-computing-the-disruptive-shift-to-cloud-for-the-long-term-investor

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CLOUD COMPUTING THE DISRUPTIVE SHIFT TO CLOUD  FOR THE LONG-TERM INVESTOR
The public cloud services market is expected to total more than $214 billion when the figures for 2019 are finalised.The Infrastructure-as-a-Service (IaaS) segment of cloud is expected to have grown nearly 30% during 2019. If you haven’t heard of “IaaS”, that’s ok, just think of “Amazon Web Services” or “Microsoft Azure” as some of the biggest players in IaaS. In 2019, the U.S. Department of Defence even entered into a $10 billion contract with Microsoft Azure to move to the cloud, offering yet another proof point on the perceived convenience and security of using cloud-based infrastructure. In August of 2011, Marc Andreessen, a prominent Silicon Valley venture capitalist, wrote the phrase “software is eating the world” within a Wall Street Journal article[3]. Even then, now more than eight years ago, the case was clear that companies in Silicon Valley were relying less and less on delivering a physical “product” and more and more on delivering some type of software over the internet. READ MORE