“June, she'll change her tune. In restless walks she'll prowl the night. July, she will fly. And give no warning to her flight. August, die she must” …Paul Simon
From debt ceilings to earthquakes in the east to an economy that looks to be headed for a double dip recession, one thing is for sure. August, 2011 just can’t depart fast enough.
Oh and for those of us in the valley of the sun. This 115-degree blast furnace is no picnic either.
But on the topic of this miserable economy, will we see a decrease in cloud momentum?
Don’t even give it a second thought. Here’s all you need to remember.
We’ve seen this spend profile in IT year after year since the 90’s. Several trillion dollars worldwide (I’ve read that the number is 4 but I don’t believe it) of cost, three quarters of which is devoted to keeping the lights flickering.
Sunk cost in infrastructure and manpower doesn’t add a nickel to the bottom line and it doesn’t matter whether it’s opex or capex. When it comes to IT that’s where all the money is spent.
And as long as it remains that way, business leaders are going to lean in heavy towards the cloud because it represents for them the one true alternative with the promise for righting the ship (did somebody say true and cloud in the same sentence?)
Investment and business agility has to overtake the cost of maintaining IT and business leaders from every size business in the world are demanding this result and they won’t rest until they have it.
A stronger likelihood is that the worse the economy gets, the more this ugly IT spend proposition is going to be staring everyone in the face.
Meanwhile let’s hope for a better September
