Good morning, I.T. entrepreneurs. Here are five technology news insights, updates, previews, gossip, chatter and plenty more to start your day for Monday, March 23, 2015.
Actually, today's update involves 10 items...
10. Hadoop as a Service: It's the next big cloud service. Dozens of companies now host and promote Hadoop as an on-demand cloud service. And the options push far beyond Amazon Web Services, Microsoft Azure, IBM SoftLayer and Google Cloud Platform. Why? Because Hadoop as a Service revenues are expected to grow nearly 85 percent annually from now through 2019, according to Research and Markets.
9. Prediction: A stealth data management startup will emerge with $10 million in Series A Funding within the next 24 hours. And the CEO will appear on Episode 27 of our podcast series, Good Evening I.T. Entrepreneurs. Just sayin'.
8. Q1 Close: Only seven business days (including today) remain in Q1 2015. Some I.T. entrepreneurs will be tempted to sell, sell and sell some more just to make sure the company meets a quarterly revenue quota. But before you stuff the sales pipeline, be sure to keep the long-term ramifications in mind. Are your sales proposals designed to help customers for the long-haul? Or are they merely a stop-gap fix to your own near-term revenue shortfall?
7. Congrats & Trend: Carbonite veteran David Hauser has joined PlumChoice to help drive the company's IoT and cloud application technologies. Take a look at PlumChoice's business, and it's clear some remote IT monitoring companies are repositioning to ride the Internet of Things wave. Considering the state of the PC market -- and the growth of sensor networks -- that makes considerable sense.
6. Making Reservations: There's a reasonable chance I'll dine at Mr. Mamas and/or Carmines the week of May 3. And of course, I'll likely lean heavily on New York mass transit. I may or may not share more details in the weeks ahead.
5. Coming Back Into Focus: Google Glass ain't dead yet, according to Executive Chairman Eric Schmidt. Alas, Google Glass was the single worst tech purchase I've made in the past two years or so. But I should have known not to spend so much on so little...
4. Big Brother Abroad: Pakistan apparently is blocking WordPress blogs. I guess that means half of the domains we own aren't accessible in Pakistan. Surely, you know we host After Nines on Squarespace. The question is: What else do we potentially own and where in the world is it hosted? ...
3. Chasing Unicorns With Retirement Dollars: Retirement funds are now investing in big IT startups -- a very risky strategy considering these are retirement dollars we're talking about. Near term, chasing "Unicorns" like Uber, Pinterest and Airbnb looks sexy, fun and may even provide big returns for some funds that manage 401K money. But if we're in a tech startup bubble that pops, this could get very ugly for Main Street, U.S.A. -- the same way the housing bubble eventually impacted us all. If a few Unicorns die, the fallout will impact the masses.
2. Walk Away: As many readers know, last week was a rough one for After Nines Inc. Some personal property damage (actually, a lot of damage), some business development that missed the mark, and a stomach bug that wouldn't go away. Sometimes the best answer in life is to walk away. Completely. I rather enjoyed roughly 48 hours off the grid. And when I plugged back in, I was greeted by a range of good news. Including the factoid below.
1. Hats Off: To my business partner, After Nines Inc. CEO Amy Katz. Assuming we don't somehow destroy the company over the next seven business days, After Nines will wrap its second consecutive quarter since launch with positive cash flow.
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