Bill Gates' $160 Billion Nightmare: The Cloud That's Raining on Microsoft's Parade -
What terrifies a man as smart and successful as Bill Gates? Just two words, it turns out.
Some say these two words keep him up at night. Others claim they are the real reason for his early retirement. Still others assert that the concept behind these words is a bigger threat to Microsoft (MSFT) than Apple (AAPL), Amazon (AMZN), and Facebook combined.
The two words that upended Bill Gates' world? "Cloud computing."
It Begins on Oct. 30, 2005 in Redmond ...
Bill Gates knew the world he created was in danger of being upended, and on a gray autumn afternoon he sent an urgent memo to his top engineers and most trusted managers.
It sounded the alarm that a disruptive "wave" was about to wash over the entire world, forever changing the way we get information and do business. It also warned that this could wipe out the $300 billion empire he'd spent his life building.
It was happening a few hundred miles south, on the banks of the Columbia River. A mysterious outfit known only as "Design, LLC" constructed two massive, windowless warehouses -- which the International Herald Tribune described as "looming like an information-age nuclear plant."
Inside those monoliths, the "wave" Bill Gates feared was being built under the code name "Project 2."
Today, "Project 2" -- or "cloud computing" -- is a $160 billion tsunami. And experts say it will capsize a $1 trillion industry.
Read more -
http://www.dailyfinance.com/2012/03/20/bill-gates-160-billion-nightmare-the-cloud-thats-raining-on/?test=latestnews
What terrifies a man as smart and successful as Bill Gates? Just two words, it turns out.
Some say these two words keep him up at night. Others claim they are the real reason for his early retirement. Still others assert that the concept behind these words is a bigger threat to Microsoft (MSFT) than Apple (AAPL), Amazon (AMZN), and Facebook combined.
The two words that upended Bill Gates' world? "Cloud computing."
It Begins on Oct. 30, 2005 in Redmond ...
Bill Gates knew the world he created was in danger of being upended, and on a gray autumn afternoon he sent an urgent memo to his top engineers and most trusted managers.
It sounded the alarm that a disruptive "wave" was about to wash over the entire world, forever changing the way we get information and do business. It also warned that this could wipe out the $300 billion empire he'd spent his life building.
It was happening a few hundred miles south, on the banks of the Columbia River. A mysterious outfit known only as "Design, LLC" constructed two massive, windowless warehouses -- which the International Herald Tribune described as "looming like an information-age nuclear plant."
Inside those monoliths, the "wave" Bill Gates feared was being built under the code name "Project 2."
Today, "Project 2" -- or "cloud computing" -- is a $160 billion tsunami. And experts say it will capsize a $1 trillion industry.
Read more -
http://www.dailyfinance.com/2012/03/20/bill-gates-160-billion-nightmare-the-cloud-thats-raining-on/?test=latestnews
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