Fake Cloud, Blockchain, and Ransomware

“Sadin on Digital” episodes explore the fast-changing and high-stakes world of digital business. Wayne Sadin and I focus in particular on what CEOs and boards must do to lead their companies successfully into the Digital Age. Today, we explore how business leaders should hire CIOs. Because the industry is changing, and the role needs to change along with it.

Episode 9

In this episode, Wayne and I talk about how his Christmas present this year to his clients and potential clients is about what to think about next year. He says that all technology is not good technology – and it’s sometimes hard to tell the wheat from the chaff.

He says there are too many things in the market called Fake Cloud. They sound like Cloud, they look like Cloud, but they just add to complexity and cost. And there’s a balloon payment due in the form of ransomware that holds your data for hostage.

I tell him that this week Cloud Wars named Thomas Kurian the Cloud Wars CEO of the Year. Wayne says he put Google into the business of supplying Cloud to enterprises – and he says it’s a terrific choice for those of us that see Cloud as a place to put mature workloads.

Wayne says everybody who has done a big ERP knows that if you’re not ready for a seven, eight, nine-figure investment, take a look at something else. He says technical debt comes in because clients don’t realize that every year they have to keep spending that. And by moving to SaaS, hyperscale Cloud, and modern ERP they can buy the product, pay their monthly fee, upgrade it maintain it – and not create technical debt.

Wayne says blockchain is a solution in search of a problem. He says every problem that’s been brought to him he found a cheaper, simpler, easier way to solve it. Also, he says 5G will one day be a terrific product, but it’s just not ready yet.

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