Don't get me wrong, I love the cloud and I use a couple of the providers mentioned in this article. But I can't help but think the cloud business is a race to the bottom. Seems as though a lot of the smaller providers are all competing on price.
Yes I tend to agree, however it's a race providing 55% year-over-year sales growth and 101% increase operating profits. Already it's 10% of Amazons profit[1]. That's a pretty big pie.