The Performance Beacon

The web performance, analytics, and optimization blog

Innovation Leads another Redistribution of Assets

It appears that we are at the very early stage of what may become the largest redistribution of computing power since the late 80’s when we move from mainframe computers to desktops and servers. This triggered one of the biggest expansions in new jobs in the short history of the technology sector. Today, we once again face another market shift, and this time, the shift is away from the expensive and inefficient internal data centers model for a lower cost computing model called cloud computing. The cost of platforms for building, testing, and deploying web applications has become just too expensive to maintain internally and an alternative is required. Once again with new innovation, the opportunity to create a massive amount of new jobs is alive and well as we create new applications that will take advantage of this much lower cost delivery model.

Which brings me to my point, once again our technology sector is about to reinvent itself to meet a new market opportunity created by a business need and the emergence of technological innovation to meet this need.  In doing so, we will greatly expand our existing workforce to meet the potential of a much larger market opportunity.  Major shifts driven by innovation are not uncommon in the technology sector, why is this not true in other US industries? Wouldn’t it be nice to see in other sectors in our economy make similar market adjustments as quickly in the years to come. After all, innovation has always been one of the hallmarks of our country’s ability to lead. There are those who look at things the way they are, and ask why. We should dream of things that never were, and ask why not? (RFK).   It is time to embrace the innovation of cloud computing.

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Tom Lounibos

About the Author

Tom Lounibos

As CEO of SOASTA, Tom brings more than 30 years of experience building early stage software companies, leading two companies to successful IPOs. Tom is a regular speaker at both cloud and testing events, and has become a leading advocate in using the cloud to empower individuals and accelerate changes in how applications are built, tested and deployed. Most recently, Tom served as President and CEO of Kenamea. Prior to Kenamea, he was CEO of Dorado Corp., a financial services software provider. Previous to Dorado, he was EVP of Sagent Technology through its 1999 IPO, entrepreneur-in-residence at Crosspoint Venture Partners, and held executive positions at Digitalk Corp., Knowledgeware (KWI) and Encore Financial Services. Tom also serves on several boards in the Silicon Valley.