The giant cockroach of the IT business

Says Nick Carr related to Larry Ellisons rant a few days ago:

But the technology of utility computing, unlike the hype about the cloud, will continue on its appointed course, and, no doubt, Larry Ellison will be there at the appropriate time to ensure that Oracle milks the utility model for whatever profits it can churn out. Oracle is the giant cockroach of the IT business – it thrives under any conditions. That’s because Oracle, though based in Silicon Valley, is not of the Valley. Ellison long ago came to understand one of the fundamental truths about the corporate IT business: there’s more money to be made in exploiting old technology than in pioneering new technology. Hedge your bets, bide your time until the cash begins to flow, then make your move.

It’s healthy for big guns like Ellison to shoot holes in the cloud hype. But also keep your eyes on what Oracle is actually doing at ground level. Cockroaches don’t lie.

I bet Larry knows exactly when to milk the cow.