How venture capitalists destroy innovation
The IT infrastructure market in particular has been hit by an innovation drought since the IPO markets dried up around 2000.
The IT infrastructure market in particular has been hit by an innovation drought since the IPO markets dried up around 2000.
Cloud provider Nirvanix went belly up. Even if you weren't one of its clients, you can learn things from that mess.
The company could rediscover relevance because it understands that the companies using its cloud services require flexibility first and foremost.
IT upheaval is inevitable -- like it or not.
Vendors are rebuilding the mainframe with converged infrastructure, collapsed kit or integrated compute platforms -- whatever you want to call it. And customers are loving it.
One reader writes in to ask: "I have been in the IT field for over 20 years, in several different companies. Why does it seem like in the past year I spend more time meeting with lawyers than the business people? I understand Sarbanes-Oxley issues, but my current company has been public for seven years, and we have always had "compliance" reviews, but I have been in six meetings in the past eight months with our chief counsel and other lawyers in attendance. Is this happening everywhere, or should I be concerned that something is up?"
A reader writes in to ask: "Symantec just reported disappointing results and blamed the Veritas integration as the problem. Is this an isolated event or do these problems happen to everyone in this situation?"
I would normally take the side of Mr. Regular Guy and make Microsoft jokes, but not this time. For the record, I can't stand that I have to pay for the same license, which is already too expensive, over and over again. I enjoy making "blue screen of death" quips in my speeches (it's always a cheap yet effective laugh). I love to bash the mighty giant whenever I can. It's not just Microsoft, by the way. It seems I have a Napoleonic complex and have to try to slay any big king. (I love the underdog, and with the exception of the Patriots, I hate the king.) I also am a realist, or fatalist. Microsoft is the king, and I am jealous. It is in a position to dictate how I spend money, and it is in a position to not really care whether I like it or not. I don't like it personally, but I love it intellectually.
Why does it seem as though there are dozens of small companies that all do the exact same things? How does the market support it?
Symantec and Veritas are merging. I, as a loyal Red Sox fan, would have preferred the new name of Veritec, but they appear to want to keep the Symantec banner. That's about the only thing I disagree with on all that I've seen so far.