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IBM's bet on the cloud starts to pay off

It is worth remembering that IBM had become a leading developer of the PC by the early 1980s, but its primacy in the mainframe/server space may have bred complacency.

It approached a teenage Bill Gates to provide an operating system for its range of PCs, but, crucially, it failed to secure the source code within its intellectual property portfolio, enabling the young entrepreneur to also licence his Microsoft Disk Operating System (MS-DOS) to other computing companies. The rest, as they say, is history, though it is hard to imagine that the likes of Google or, indeed, Microsoft (US:MSFT) itself, would not have neutralised or simply acquired a potential rival technology application right from the get-go.

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