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RE: Where will growth come from?


RE: Where will growth come from?
by Lost at 1:49 pm EDT, Jun 20, 2009

flynn23 wrote:

Jello wrote:

flynn23 wrote:

Jello wrote:

Decius wrote:
In the early 90's recession I'll bet everyone on MemeStreams could have predicted a telecom boom. Three and more years ago MemeStreams was predicting a housing crash. If there was an opportunity for growth, you'd think someone here would be tuned into it. I'm not. With gas prices back to normal I don't see the boom in green technologies and urbanization that many people imagine. Political will doesn't create economic opportunity. It comes from pent up demand. The only thing I think we have pent up demand for right now is retirement savings.

The cloud and big data analytics. That is where the boom will come from. It will be just as disruptive as the adoption of mainframes and factory automation.

The "cloud" is bullshit. Most services are off far more than they're on. Besides, storing your data in the cloud is a lesson in unsustainability. I can't even find tweets from late last year. Plus I recoil at business models that rely on me to do all the work in order for you to make a profit.

Amazon EC2 is incredibly stable, as is S3. They have more 9s than almost anyone can afford to have.

Anyway: Its the new applications that take advantage of they cloud and they big data that will be the revolution. I talked about this at length here.

If you've played with it... and seen what it makes possible... its a bit hard to deny the shock and awe, imo.

The whole nature of "cloud computing" is that 9's are irrelevant. The cloud is nebulous and always on, so the uptime of a particular component is abstracted to users. This isn't the case in reality, as all of these services have seen significant downtime. I'll remind you that five 9's of uptime yields just under six minutes per year of downtime. Clearly AWS hasn't even gotten close to five 9's. I've had corporate systems that gave two 9's. They weren't nearly as expensive as AWS's probable costs. Which actually might make your case.

The hardware and software vendors LOVE cloud computing because it gives them another rush of customers trying to catch up with the new fad. I'm sure that billions of dollars of IT infrastructure have already been sold in the name of cloud computing, but results have been dismal. So yeah... there's "growth".

Well... look, if you can't see the benefit to innovation of a startup not having to buy any hardware, and how new innovation might be achieved by limitless processing and IO for short periods... then I don't have anything to add.

But I am surprised.

RE: Where will growth come from?

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