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It’s the same idea as DevOps, but for IT pros,” I said. “Or Notably in 2015, an IT admin at a midsize company you probably haven’t heard of enabled an option in Slack that allowed users to generate document previews when employees shared Google Drive items with each other. Or at least I think that’s what it is.”.
As Lew Cirne, our CEO, was introducing New Relic One , the industry’s first entity-centric observability platform, he talked about this tweet: We replaced our monolith with micro services so that every outage could be more like a murder mystery. — Honest Status Page (@honest_update) October 7, 2015.
In 2015 they predicted that number would reach $500 million in 2020, yet the actual growth of cloud companies consistently outpaced even the most optimistic projections with that market cap now hovering around $616 billion for the top five public cloud companies. . Companies migrating to the cloud are bringing buyers with them.
Software-as-a-service (SaaS) businesses are on track to generate some $105 billion in revenue this year, an accomplishment for a business model that, while it’s been around since the 1960s, didn’t evolve into its current form until a decade ago. They’re $200 billion or so now [as a public company since 2015]. Capitalization options.
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