Comments
JohnBarnes
1/14/2017 2:10:43 PM
User Rank Platinum
Re: Move to Cloud
DHagar,
One of the more successful/useful wealth coaches out there (Michael Masterson who rebranded himself as Mark Ford) popularized the useful term "chicken entrepreneur," i.e. a person who launches new enterprises by committing as little as possible to them for as long as possible, to make sure that if they crash early, you're not part of the test group for crashing early. I tend to think of it as "rational capitalism." People drastically underestimate the cost of uncertainty!
DHagar
1/16/2017 6:18:55 PM
User Rank Platinum
Re: Move to Cloud
@JohnBarnes - what a great model for testing/validation. Absolutely, we tend to think we control more than we do. The greatest risks are what you don't know - which increases in new ventures.
Thanks for sharing!
srufolo1
1/25/2017 2:39:13 PM
User Rank Platinum
Cloud Era: Growing Together
It's just amazing that a major global securities company trading systems work was basically still done manually. They owe it to their customers to be more advanced than that. The cloud has been around for quite a while now, although as stated in the article it is going more vertical now to "production processes." I guess the cloud has to be implemented in baby steps.
Re: Move to Cloud
@JB:
Sorry for delayed response, just catching up...
Excellent analogy relating to very simple facts of life. Also well explained step by step process of how real transformation should occur. I always like the details you provide in this forum.
JohnBarnes
1/30/2017 8:15:08 AM
User Rank Platinum
Re: Move to Cloud
Ms. Akkineni,
Why thank you -- I do try. It does seem to me to put me perpetually in re-runs, because history in general and economic history in particular is perpetually in reruns. Someplace in a book I wrote once that all the received real wisdom of humanity would fit in a few typewritten pages -- and we mostly still couldn't pass a quiz on it.
JohnBarnes
1/30/2017 8:22:27 AM
User Rank Platinum
Re: Cloud Era: Growing Together
srufolo1,
It's sort of the wisdom of evolution -- Samuel Butler's objection about "what good is half an eye or half a wing?" The answer turned out to be vital to our modern understanding:
the first eyes were just light-sensitive spots on the skin because light was where food was or predators weren't, and organisms needed to move or not move if there was light.
the next eyes were the same spots down in pits so the organism could have a sense of direction, and this necessarily led to some coding of neurons to the pitted spots
then a transparent lid ... probably a safety thing
then a transparent lid that acted as a lens ... so one eye could provide more information ...
and thus evolution leads to Bette Davis.
The first wings, probably sails for better catching the wind to cross ponds, or membranes for very small critters to limit their terminal velocity, aka parachutes.
And with almost all tech, the first uses are very small extensions of existing purposes. Photocopying was ideal for preparing offset printing plates, the first word processors were wizards at corrections and form letters compared to typewriters, and the first spreadsheet was invented by two guys who were wondering why, if programmers were being required to diagram things on grids all the time, the computer couldn't just run the grid diagram.
Re: In-house application
@Michelle:
Agree with you 100%. Proper and adequate vetting is a must before considering that as an option to explore.
dlr5288
1/31/2017 8:32:12 PM
User Rank Platinum
Re: Cloud Era: Growing Together
I agree. I think they were worried about the security dealing with the cloud, but youre right. They do owe their consumers more and need to advance the way they're doing things.
batye
2/5/2017 11:34:19 PM
User Rank Platinum
Re: In-house application
@ms.akkineni same on my end I could not agree more but in my world of security it like verify over and over again and it never ends or stops... it just security...
batye
2/5/2017 11:36:18 PM
User Rank Platinum
Re: Cloud Era: Growing Together
@dlr5288 for me secure cloud is not here yet... as technology still/keep developing and many security holes need to be plugged - how I see it... it only mater of time - how I see it... as cloud is here to stay...
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