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CloudChain, a cloud-oriented blockchain system is designed to increase the layers of security. [36] Currently, global spending on cloud computing services has reached $706 billion and the International Data Corporation predicts it to reach $1.3 trillion by 2025. [37]
The expression cloud computing became more widely known in 1996 when Compaq Computer Corporation drew up a business plan for future computing and the Internet. The company's ambition was to supercharge sales with "cloud computing-enabled applications". The business plan foresaw that online consumer file storage would likely be commercially ...
Cloud computing is believed to have been invented by J. C. R. Licklider in the 1960s with his work on ARPANET to connect people and data from anywhere at any time. [1]In 1983, CompuServe offered its consumer users a small amount of disk space that could be used to store any files they chose to upload.
Oracle Cloud is a cloud computing service offered by Oracle Corporation providing servers, storage, network, applications and services through a global network of Oracle Corporation managed data centers. The company allows these services to be provisioned on demand over the Internet. [47]
Snowflake Inc. is an American cloud-based data storage company. Headquartered in Bozeman, Montana, it operates a platform that allows for data analysis and simultaneous access of data sets with minimal latency. [1] It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
Today, the company has about a 31% market share in the cloud-computing space, nicely ahead of Microsoft's Azure with a 20% share. Last quarter, the segment's revenue climbed 19%, while its ...
Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies.
Image source: Getty Images. Just as the internet boom created giants like Amazon and Google, quantum computing could give rise to a new generation of industry-leading companies, offering early ...