Cloud computing, or ‘The future is trying to KILL YOU’
May 17, 2014
Grazed from TheRegister. Author: Jack Clark.
What do all ailing enterprise IT companies have in common? Trouble in their core businesses due to the rise of cloud computing. The repercussions that the technology is having on the IT business are all around us, and its effects on the industry are as inevitable as gravity on a dropped bowling ball.
Cloud computing’s rise spells trouble for any traditional Western IT company you care to name, and has already started to bite into them. Just how serious are the effects? Well:…
- Rackspace was reported on Thursday to be in talks with Morgan Stanley to help it partner or sell itself, as the effects of the cloud pricing war among Google, Microsoft, and Amazon bite into its business.
- SAP is reported to be carrying out some "unavoidable" layoffs to help it restructure itself for the cloud while its earnings from traditional on-premise software continue to drop.
- IBM has agreed to sell its server division to Lenovo due to the margin-slump in hardware as the rise of cloud systems and low-cost servers has eroded the value of IBM’s gear…
Read more from the source @ http://www.theregister.co.uk/2014/05/17/cloud_computing_doom_analysis/