No recession in Joyent's cloud

Summary: Rod Boothby at Joyent (disclosure: Rod is also a fellow Irregular) sent me the above graph showing how Joyent is profiting from the downturn in the economy. The reasons are not hard to fathom.

 

Joyent

Rod Boothby at Joyent (disclosure: Rod is also a fellow Irregular) sent me the above graph showing how Joyent is profiting from the downturn in the economy. The reasons are not hard to fathom.

Despite the economic downturn, organizations still need to get things done and still need data center scalability. However they are turning their attention to providers that can quickly provision and which do not require capital expenditure. In email to me, Rod says: "In uncertain economic times, the move from capital expenses into operating expenses not only makes it easier to get new projects off the ground, but it also reduces the risks associated with running a new project. If the new application fails, clients can simply cancel their cloud infrastructure."

Also see: Cloud computing: Will the financial geeks give it a boost?

Topics: Cloud, Banking, Collaboration, Data Centers, Hardware, Storage

About

Dennis Howlett has been providing comment and analysis on enterprise software since 1991 in a variety of European trade and professional journals including CFO Magazine, The Economist and Information Week. Today, apart from being a full time blogger on innovation for professional services organisations, he is a founding member of Enterpri... Full Bio

zdnet_core.socialButton.googleLabel Contact Disclosure

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.