Friday 10 June 2011

A Cloud Evolved?

As any industry trend plows through the landscape, you can frequently spot key events where the discussion quickly evolves from one phase to the next.

I believe such an event happened today. The New York Stock Exchange (NYSE) announced their new
Capital Markets Community Platform -- essentially, a cloud service for financial traders.

Yes, EMC and VMware were prominently mentioned in the announcement. That shouldn't be a surprise to anyone.

More interesting is that it adds additional (and highly visible) evidence that external cloud services will compete on being better - and not necessarily just cheaper - than in-house alternatives.

With this announcement, I believe the general perception of external cloud services is changing -- fast.

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A Cloud Evolved?