While the cloud is helping businesses reduce costs, consider for instance that in 2011 starting an internet company cost around $5,000 as opposed to the $5 million price tag of 2000, it’s also encouraging revenue growth.
In less than a decade, Airbnb has established itself as one of the world’s largest accommodation providers without owning any hotels, and services such as Lyft, Uber, and Sidecar have taken a significant chunk of the global taxi industry for themselves. The prodigious success of these brands begins with the cloud.
