HashiCorp is
a software company that helps companies use different cloud computing platforms (like AWS and Azure all at once).
Why would a firm want to be on multiple cloud computing platforms?
It's because it reduces the operational risks that come with encountering sever outages from a platform and it helps firms negotiate more on cloud computing pricing.
Rather than having an AWS outage cripple your operations, having a multi-cloud operation will allow a firm to keep operating by relying more on their other cloud service provider in the event that one of your cloud service providers has an outage.
As the multi-cloud gains more adoption, it's possible that the smaller cloud computing players like
$ORCL and
$IBM could see themselves gaining a bigger piece of the cloud computing spending pie. Meanwhile,
$AMZN $MSFT, and
$GOOGL will see their pricing power decline as they'll have to face more competition as they start losing power and influence over their clients.
In sum, check out Hashicorp!