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Cloud hosting
Amazon took the concept of hosting virtual workloads a step further in 2006 and introduced cloud computing, with Microsoft Azure and others following shortly thereafter. The promise of turn-key Software as a Service (SaaS) running in highly survivable infrastructures via the internet allowed companies to build out applications without investing in hardware, bandwidth, or even real estate. Cloud computing was supposed to replace private cloud (traditional on premise systems), and some organizations have indeed made this happen. The predominant trend, however, is for most enterprises to see a split in applications between private and public cloud, based on the types and steady-state demand for these services.