Quotes of the Week 002

Quotes of the Week 002

Marc Andreessen, VC:

“We make our money on the [startups] that work and we make our reputation on the ones that don’t”

Mike Bell, Canonical:

“Businesses need to realise that working in IoT should not require such an extensive variety of skills. What is needed, instead, is a simplification of the technologies behind IoT"

Ericsson+Intel+NTT+DoCoMo+Toyota+Denso = Automotive Edge Computing Consortium:

“Expected data traffic volumes between vehicles and cloud infrastructure will hit 10 exabytes per month by 2025, about 10,000 times more than currently exists”

Ben Creet, InternetNZ:

"New Zealand may be isolated geographically but not digitally. We're 50ms from Hawaii, 80 or 100ms from Singapore, so that concept of being far away does not apply"

Cimicorp on the maturing nature of Cloud:

"There was never any future in the notion that cloud services would be driven by the movement of legacy apps from data center to cloud, but it wasn’t clear what would be driving them.  Now we know that the cloud is really about event-handling"

Marginal REVOLUTION on virtual currencies:

"Alt coins are primarily stores of value rather than media of exchange. There is a notable tendency for exchange media to consolidate into a dominant currency but the very large number of financial assets in the world shows that thousands of stores of value can coexist and compete without much consolidation"

Equinix, Inc:

"Interconnection Bandwidth is expected to grow at a 45% CAGR to reach 5Pbps by 2020, dwarfing Global IP traffic in both growth (24%) and volume (855 Tbps)"

John Wanamaker (American department store merchant):

"Half the money I spend on advertising is wasted; the trouble is I don't know which half”

Forrester estimate of online ad fraud:

“In 2016, companies lost $7.4 billion to bots and the like. (we) project that figure will be $10.9 billion by 2021”

Neil McRae, BT:

"SDN for us is all about automation"