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Are We Too Dependent on Microsoft?
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Yes and no.
Yes in that we have a lot of stuff deployed on Microsoft stuff because it's easy. A lot of things are done via the "just do it via Azure/PowerApps/Excel" because it's quick and gets the job done, whereas rolling something more sustainable would take time and effort.
No, because this isn't the 1990s where we didn't really have other choices and if one cropped up, Microsoft would crush them ruthlessly, if not illegally. Microsoft now is the easy choice, but back then it was the only choice. Microsoft has viable competition today.
I really do wish Google or Amazon could roll out low-code stuff on par with PowerApps, and I really, really wish line-of-business staff would stop using Excel for everything.