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Venture Capital View: TCV's Ted Coons On IoT Channel Opportunities, IT Automation And The 'Crazy Fast March' Toward Cloud

Kyle Alspach

Where is the cloud headed, in your view?

I contend that everything other than basically networking -- where you actually have to have connectivity back to a device -- is rapidly pushing to consolidated cloud-type environments. Now you're even seeing the domain controller moving, which I think many people didn't think was going to happen. We're seeing a sea change impact on anybody who's both making software or hardware. While I believe very strongly in hybrid cloud, and the persistence of that state for a good long period of time, I do think the value proposition for compute and storage vendors is being rapidly demolished, particularly. Behind the firewall in the enterprise, I think it's accelerated and happened faster than even I thought was likely to happen. We're on this crazy fast march, to where everything other than connectivity is being pushed to a centralized environment, which eases management and increases agility. Whether that reduces cost at this point is less clear, but I think it has the potential, if it gets increased utilization, to reduce cost as well.

 
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