With the advent of Cloud Computing, the cost of computation, application hosting and content storage and delivery is plunging fast by several orders of magnitude. Behind all the buzzwords, a basic shift is occurring - the wholesale outsourcing of core business applications. This is why many analysts and industry-watchers believe that Cloud Computing is changing not just the technology landscape but also the entire nature of the business models that underpin successful software and hardware companies. kennyo wrote: Actually, Egenera's CEO is staying on as Board chairman. As the company transitions to be a multi-platform player, the feeling is to have management who are experts about software, the converged infrastructure market, and familiar with the players in the space. Ergo the new CEO, and ergo the new levels of backing from investors. The company is still hiring in its field and OEM spaces, and in conversations with multiple IHV partners.
Nov. 22, 2009 05:01 PM EST
Subscribe to Search Journal Email News Alerts
Subscribe via RSS
