Why Most Cloud Computing Companies are Doomed to Fail

Grazed from Forbes. Author: Reuven Cohen.

It’s that time of year again. You know what I mean, the weather is starting to get warmer, people are starting to venture out and most importantly, the spring conference circuit is in full bloom. Yet underneath this façade is an unspeakable truth. That of the annual PR migration, where flocks of unoriginal, formulaic press releases hit bloggers inboxes.

In my ever so brief review of this years crop, I’ve come to a stark realization. Most cloud computing startups are doomed. They are doomed for a number of reasons, but never the less, they are doomed. Here’s why:…

Now Appearing: The Johnny-come-latelies.

Now I’m the first to admit, being first is not necessarily a good thing when it comes to technology. Just look at Facebook as proof that being second or third to the game might be the optimal location. But being 200th is probably not. Being a better version of another leader generally means you’ll end up being copied by that leader at some point, while you struggle to monetize your version, except without the funding required to adequately build it, manage it, and market it…

Read more from the source @ http://www.forbes.com/sites/reuvencohen/2013/03/21/why-most-cloud-computing-companies-are-doomed-to-fail/