Walter Price: The future of software is in the cloud

The unstoppable rise of cloud computing and software as a service means the days of the traditional software house are numbered, says a leading tech fund manager.

The days of the big enterprise software house, such as Oracle, are numbered, says a leading technology fund manager.

Cloud computing means that businesses no longer need to buy so much expensive hardware and software from traditional providers. Instead they can just buy what they need from cloud computing companies.

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Ben Judge

Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.

Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. 

As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.