The digital cloud widens as more of the way we share information, store information, and conduct our lives goes digital.
So cloud services are booming as the digital cloud widens, which is one of the many macro trends I have identified emerging as the world goes increasingly digital in a post-pandemic new world.
Proximity to market and physical location is becoming increasingly irrelevant as the digital cloud widens
Underpinning the boom in cloud services is buoyant demand for data storage services.
“By 2025, almost half of the world’s stored data will reside in public cloud environments” according to Raconteur.
The digital cloud widens with cloud computing services.
But what is cloud computing?
In a few simple words, cloud computing is the on-demand availability of computer systems resources. These computers, better known as servers, are powerful computers located remotely and they provide users with data storage, processing power, and apps. The services are often delivered on pay per use basis.
A recent infographic here shows the demand for cloud storage soaring as the world becomes ever more connected, particularly with smart devices.
The digital cloud widens in a post-pandemic world as the remote work from home revolution gains traction mostly with the growing tech companies
Jack Dorsey, the dual CEO of both Twitter and Square, informed his employees at both companies that they can continue working from home “forever.”
Mark Zuckerberg, CEO of Facebook, followed with his announcement that his employees may also work from home.
Supporting the work from the home revolution is also Kate Lister, president of Global Workplace Analytics, who said, “Seventy-seven percent of the workforce say they want to continue to work from home, at least weekly, when the pandemic is over.”
As the digital cloud widens, land, as a factor of production becomes less relevant to the entrepreneur, the capitalist
The brick and mortar retail apocalypse, and collapsing demand for commercial office space are likely to continue as the digital cloud widens. Commercial landlords and their lenders are in the eye of a storm as tenants default on rents and landlords default on loans.
Banks heavily exposed to commercial loans, which could be the big short opportunity of our time, are most at risk as the digital cloud widens and bad loans balloon
As the digital cloud widens it creates winners too in the cloud computing space
Tomorrow’s winners are today’s winners, there are three categories to focus on.
Infrastructure-as-a-Service (IaaS), which enables businesses to scale up resources when needed. Microsoft Azure and Amazon Web Services are both IaaS examples.
Platform-as-a-Service (PaaS) utilizes remote infrastructure, but it includes an extra layer by offering tools that developers use to build apps. Examples of PaaS include the Google App Engine or OpenShift.
Software-as-a-Service (Saas), the delivery of apps through remote servers. Examples include Dropbox and Google Apps.