The recession and the cloud
July 13, 2009
Does your company need capital but banks won’t lend in a recession? How much are your servers worth?
Get on the cloud and sell your equipment! No credit checks, no commitments. Just pay as you go.
It’s not just a matter of lowering your capital structure but rather monetizing what you have at a time when money is tight. Do it quick, before eBay is loaded with used gear and prices crash.
Utility computing makes sense long term, but even more so in the current environment.
It’s reminiscent of how the dot-com bust and 9/11 both benefitted Open Source, as many IT departments, their budgets slashed, started adopting Linux and even OSS databases and application servers.