Comments
dlr5288
10/30/2017 11:29:36 AM User Rank Platinum
Re: Cloud
I think that’s such a smart move. Even though it can be seen as moving backward, I think it’s important to take that step.
Re: Cloud
@dlr528:
Ofcourse, that is the biggest hiccup for cloud right now. Recently i heard on news that some companies are moving to old methd of going for tape storage for data backup, just for the scare of security.
Re: Cloud
@freehe:
You stated very valid points. All reasons that you outlined are good justification to move to cloud.
Re: Redundancy
@freehe:
Makes sense. Larger companies have some process / guidelines established and this may as well be part of their goals. So that makes it easier for them. as you mentioned vision for Senior leaders is very important for such initiatives. They must understand the importance of these initiatives fo rthem to be able to justify bidgets.
Re: Redundancy
@freehe:
Agree with you. First and foremost this has to be in line with company's overall strategy. Then comes to the point of budget and company's needs.
JohnBarnes
9/30/2017 3:13:20 PM User Rank Platinum
Re: Flexibility in the face of uncertainty
Joe, I'll take that as a friendly amendment ...
When a supplier money-pump is unpopular with the buyer and is susceptible to an incremental arms race to the bottom, it is going to the bottom soon, and in the modern technical world, if it doesn't, buyers will just bypass the whole technology at the first possible moment.
Re: Flexibility in the face of uncertainty
@John: The interesting thing is that if an industry holds its guns to contracts, then customers are left with little choice and have to deal with these extensive contracts.
This is one of the problems I have with some modern antitrust legislation. Companies have discovered on their own that it pays more to compete with each other than it does to collectively hijack the market.
Remember when the record companies collaborated to keep CD prices artificially high? The class-action settlement notwithstanding, it didn't help them much, did it?
elizabethv
9/30/2017 11:50:22 AM User Rank Platinum
Re: Redundancy
@freehe - good points. I think a lot of companies end up being held back by leadership that isn't willing to look at alternatives. If leadership isn't willing to do what it can to keep the company flexible to the market, they won't be successful. And realistic, that would probably be the case even if they did move to the cloud. If it isn't that area that would bring them down, it's likely another.
JohnBarnes
9/29/2017 11:01:38 PM User Rank Platinum
Re: Flexibility in the face of uncertainty
Joe,
There used to be five year contracts, though. They were whittled away because length of lock in is so easily shaved (like price) and unlike price, it has no real bottom.
Long ago I sold credit card processing services to small businesses. When I started, we didn't offer anything but 4 year contracts. Less than 3 years later, we were down to offering bonuses to get retailers to accept a one-year lock-in, 6 months was standard, and our competition was starting to offer 90 days.
When a supplier money-pump is unpopular with the buyer and is susceptible to an incremental arms race to the bottom, it is going to the bottom soon.
Re: Flexibility in the face of uncertainty
@John:
"The old goal of locking in a low price ... is about as dead as an idea can be"
Is it?
Big cable providers and cellular carriers still thrive on this practice -- attracting (sucking in?) new customers by offering a low-ish price on a one-year or two-year contract.
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