Instructure is not the same company it was just a year or two ago. Thanks to public reporting, the changes are out in the open.
If you want story of aggressive migration to SaaS model (public cloud) for an LMS company, look no further than D2L and Brightspace. Transformation to be complete in 2019.
Notes from BETT 2019 show in London looking at Microsoft Teams and potential as a learning platform competitor
New release of LMS market data for the US and Canada for higher education, with a market in transition.
Four countries separated by a common language, and a common set of LMS vendors