As promised I have been doing quite a bit of researching and thinking on this cloud valuation issue. A client turned me on to Dr. Randy H. Katz (photo left) over at UC Berkley, he is one of the authors of “Above the Cloud: A Berkeley View of Cloud Computing”. Some would consider the paper ancient history, published Feb. 10, 2009, but I think you will find it a good read and will be referenced in further editions.
Also as promised in my last blog I want to follow in Dr. Michio Kaku the theoretical physicist, Berkeley grad and Professor at the City College of New York footsteps. Big steps to follow, I hope to address this cloud valuation so that even your bank officer can understand.
So I thought we could start off with a couple of quotes, this one stolen (and credited) by the Berkeley study…they are simple enough…
“The interesting thing about cloud computing is that we’ve redefined cloud computing to include everything that we already do.” Oracle CEO Larry Ellison
Further in my research I read an interesting prediction from Appistry about the cloud stating:
“4- The Cloud will Shape Data, and Data will Shape the Cloud. The ubiquity of highly distributed cloud-like infrastructures, coupled with heightened expectations around application scalability, elasticity and robustness lead to increasing enterprise adoption of non-traditional approaches to data access and storage. Enterprise adoption of “NoSQL” data stores jumps in 2010, and the technology begins to work its way into the mainstream.”
Frankly I prefer Einsteins Rainbow Project quote in my previous blog…
but back to Larry Ellison…”Maybe I’m an idiot, but I have no idea what anyone is talking about. What is it? It’s complete gibberish. It’s insane. When is this idiocy going to stop?” the last sentence of Larry Ellison’s previous quote.
Well back to cloud valuations… I was at a conference last year and someone thought that the electricity it uses would rate the cloud, a commodity, as you will. Frankly I had a hard time figuring out where they were going and a harder time buying off on that one. It could be because my new briefcase lock would not open. But I am readdressing that one, will get back to you if I see it has merit, just thought you should know.
So for this lesson I think you should really read the Berkeley treatise which includes this nifty little trade off equation:
Next time we may take a break into reality back to how to translate the cloud in real valuations respects. More than likely we will revert back to our third grade math skills.
We will make it as simple as an iPad.
Later Tom -
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