Cloud Computing: Watch Out, Dropbox is Taking Over the World
November 21, 2013
Grazed from The Var Guy. Author: Marie Alonso.
Sit back, relax and listen to the tale of Dropbox, an online storage service that scored more than 200 million content-loving consumers in five years. Recently, it was reported that the colossal cloud storage leader is looking to raise an additional $250 million at a valuation of $8 billion.
A valuation of $8 billion? That’s sky-scraping territory! According to Bloomberg Businessweek, Dropbox has always had a flair for the dramatic. Evidently, the company’s San Francisco offices are quite decadent, but why shouldn’t they be? Dropbox, founded in 2007 by innovative young minds Drew Houston and Arash Ferdowsi, deserves to treat itself, in my opinion. It has garnered attention for raising an inconceivable—some may say even preposterous—$257 million in funding during its five-year ascent to greatness…
Still, as the Los Angeles Times asks: Is Dropbox really worth $8 billion? The answer is likely, Why not? Cloud computing seems as limitless as the sky. According to Gartner, nearly 50 percent of all large enterprises will have hybrid cloud deployments by 2017. Hybrid clouds combine aspects of both public and private clouds…
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