Open source software – software freely shared with the world at large –
is an old idea, dating back to the 1980s when Richard Stillman started
preaching the gospel calling it free software. Then Linus Torvalds started
working on Linux in the early 1990s. Today, Linux runs our lives. The Android
operating system that runs so many Google phones is based on Linux. When you
open a phone app like Twitter or Facebook and pull down all those tweets and
status updates, you’re tapping into massive computer data centers filled
with hundreds of Linux machines. Linux is the foundation of the Internet.
Cade Metz recently wrote in an article, “And yet 2015 was the year open
source software gained new significance, thanks to Apple and Google and Elon
Musk. Now more than ever, even the most powerful tech companies and
entrepreneurs are freely sharing the code underlying their latest... (more)
I remember back in 2003 when I had a meeting with the then CTO of Amazon for
a couple of hours. He was narrating his vision of SOA (Service Oriented
Architecture), where individual business or programming functions (called
services) can be stacked up in libraries and get invoked as and when
required. This notion of re-usable services was not new (remember subroutines
from the mainframe era or stored procedures from the client-server days?).
Subsequently we called them “web services” because they were loosely
coupled applications that can be exposed as services and easily consumed ... (more)
Unicorn is a term in the investment industry, and in particular the venture
capital industry, which denotes a start-up company whose valuation has
exceeded (the somewhat arbitrary) $1 billion. The term has been popularized
by Aileen Lee of Cowboy Ventures. Fortune magazine counted over 80 unicorns
as of January 2015. Now its most likely past 100. But their journey lately
has been bumpy.
There are signs the "lofty valuations" of these unicorns are cooling.
Fidelity wrote down Dropbox by 20%; Snapchat by 25%; and Zenefits and MongoDB
by around 50% each. Zenefits had raised money a... (more)
I have known Gartner for decades during my IBM and Oracle days. Even though I
have observed how they invent new terms for stuff we already know (a bit
annoying, but I guess that’s their business), they do a decent job in
capturing key strategic trends.
In a recent article, I saw ten strategic technology trends and this is how
they are grouped: the first three address merging the physical and the
virtual worlds and the emergence of the digital mesh (their new phrase); the
next three trends cover the algorithmic business, where much happens in the
background in which people are no... (more)
As every year begins, several experts and analyst firms like to make
predictions. Let us try to make some observations in an area much talked
about lately – Big Data. So here goes:
The Big Data quandary will continue as companies try to understand its value
Just dumping all kinds of data into a data lake (read Hadoop) is not going to
solve anything. There has to be business value on what insights are needed.
Therefore much like the Data Warehousing era brought additional tools in the
ETL space, there is need for data curation and transformation for practical
use bes... (more)