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Microsoft: Cloud computing is delivery of computing services, such as storage, servers, analytics, and software over the cloud (via internet connection) The idea of network-based computing emerged in the 1960s, but cloud computing as we know it was introduced by Google CEO Eric Schmidt in 2006 at the Search Engine Strategies Conference. Cloud migration is moving to companies’ top initiatives list and witnessing the second largest increase among other vital initiatives (8% increase from the year 2020 to 2021). Moving to the cloud will lead to cost-saving, as you will see in the coming sections.