Now, this might sound cliché! But everybody is running to the cloud! Going by recent quarterly reports by Amazon, Microsoft and Google, their respective cloud revenues have grown at a tremendous rate—combined annualized revenue for these three public cloud juggernauts was more than $45 billion based Q417 reported revenues.
We are excited to celebrate the announcement of the acquisition of VeloCloud by VMware, marking the acquisition of the third of the four companies co-created with The Fabric’s first fund. This rate of success, as well as the magnitude of this latest acquisition, stand as a strong testimony to the value of The Fabric’s co-creation approach.
As we mentioned in the previous blog about The Fabric Innovation Lab, the lab was established right at the inception of The Fabric to accelerate the technology development of each of the co-created companies, right from the get-go. In this note, I would like to elaborate upon why every engineer interested in working on Cloud/IoT infrastructure should consider The Fabric Innovation Lab as their first choice.