Has anyone seen or read any good articles about how moving to Cloud Computing is affecting companies' earnings?
i.e. traditionally, in having on-premise computer servers, costs are CapEx with the depreciation flowing out under the earnings/EBITDA line - in the new world of Cloud Computing, most costs are Opex and come straight out of a earnings/EBITDA.
It would be interesting to hear if any analysis has been done on this, and to see what companies are thinking. One option is, if there is a big impact, is to re-define your earnings measure... but would be good to understand how the industry is looking at this as businesses transition to Cloud.