![]() ![]() ![]() This will create a huge opportunity for companies that provide simpler, cheaper and helpful cloud services allowing businesses of all sizes to thrive. So what does this future look like? As we explored earlier this year, the next wave of enterprise tech companies will compete on the basis of the developer experience they provide. And while big companies can manage the increasing complexity of major cloud services to get the functionality they need, smaller businesses are often overwhelmed by it and struggle to hire the right talent to make sense of it. ![]() But even though AWS owes much of its success to startups that grew on the back of its services, cloud providers have gotten so big in the last five years that it's easy for customers who don't rank among the top accounts to feel lost, especially when they need help.Cloud computing faced two major challenges in its early days: convincing Big Business that it was safe and reliable, while building as many computing options for applications as businesses could spin up for themselves on their own equipment.But they both realize that catering to smaller companies represents a potential new era in the history of the cloud. Neither Backblaze nor Cloudflare are in a position to challenge industry leaders like AWS, Microsoft and Google any time soon for the breadth and depth of cloud infrastructure business. It has since layered on serverless computing services that could be an interesting place to run applications as edge computing starts to become a real-world strategy, and last month launched its own low-cost, S3-compatible cloud storage service.Īnd there is an emerging gap in the market here.Cloudflare was much bigger than Backblaze at the time of its 2019 IPO, but built its reputation in similar fashion around the needs of small businesses and individual developers.In some ways, it represents a younger, smaller version of Cloudflare, which started out with relatively simple security and site-reliability services and now harbors ambitions of becoming "the fourth major cloud provider," as CEO Matthew Prince recently told Protocol. But the company has gotten to this point on just $3 million in funding its IPO could deliver up to $100 million in new funding, which would go a long way toward building out its technology portfolio and customer-support operation.īackblaze's story should sound familiar. ![]()
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