Sunday, August 28, 2011
Smart Mobile And The Thin Cloud
When HP CEO Leo Apotheker announced that the company was seeking options for its consumer PC business and abandoning the hardware mobile business its stock dropped 20%. When Steve Jobs resigned as CEO of Apple, after a 12 hour pullback, the stock rose to go above the previous close within 48 hours. These two stories of corporate change are widely discussed, often in terms that assume the men at the center of each company are the story. However, something far bigger is in play, and it will transform the entire software ecosystem over the next 5 years. The changes will be so dramatic that the current discussions of a bubble will appear silly. Huge companies will fail and even bigger new companies will be formed. The fundamentals of the era we are at the birth of have the following characteristics.