Buffett steps into the cloud with his bet on Big Blue
FT explains why:
“Big Blue’s real secret weapon: a software business that has been the main driver of its earnings and margin growth. There is little natural operating leverage in services, which relies on hiring more people the more work there is to do. But software has given IBM a way to enshrine repeatable processes in code, increasing the bang for the buck it gets from its services engagements.”
Juniper Networks Kevin Johnson: Full interview
3 exponential market trends: Mobile devices / Cloud Computing / Video over Internet
3 R&D strategies: Incremental, disruptive, relationships with startups.
US Innovation challenges. Graduating too many in Arts too few in Engineering.
Sideways thinking clearing houses for forecast services…
Roger Liddell, chief executive of Europe’s largest independent clearing house LCH.Clearnet, talks to Jeremy Grant about the reliability shown by clearing during the financial crisis and how regulatory plans to expand its use to more asset classes will be implemented (10m 6sec)
eMusic has managed to survive as a paid subscription service for more than ten years by catering to niche audience. Adam Klein of eMusic full interview. (14m 5sec)
“Steve’s the last of the great builders; says Roger McNamee, a Silicon Valley financier who led a recent, failed attempt to rebuild Palm in Apple’s image. What makes him different is that he’s creating jobs and economic activity out of thin air while just about every other CEO in America is working out ways to cut costs and lay people off.
Credits - reporting Richard Waters and Joseph Menn. Additional David Gelles. Picture Cummings
(Source: blogs.ft.com)
