NBT Week - In IT, Speed is God and Time is The Devil
Toby's Take - In IT, Speed is God and Time is The Devil
I get asked all the time “Why does NBT focus on small emerging IT companies like IceWEB vs. the big guys like EMC or IBM?”
My answer has always been “because in the annual $3.5 trillion global IT market, BIG means SLOW…and slow doesn’t cut it in the IT world these days.” I am reminded of the old Silicon Valley saying “Speed is God and time is the Devil” when it comes to the major shift to new tech vs. old tech.
Why are start-ups eating OLD Tech's lunch?
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And now for our top stories of the week…
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Dr. John Faessel, an independent equities research pro for whom we at NBT respect highly, has been on the GlyEco (GLYE) bandwagon since early this year. He calls GLYE a "Speculation Par Excellence"—with this equity round done we strongly believe it moves up the food chain to highly profitable emerging growth company without equal.
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I had a very good conversation with new IceWEB CEO Rob Howe late last week about his mission for IWEB. He is a humble, no nonsense CEO and a Fox News fan to boot! After finishing our new research report on IceWEB, and listening to Rob describe his vision for the company, I penned a version of what I think you WON'T likely hear on his shareholder call at 12 noon EST....but I think fills in a lot of the back story to the opportunity at hand with IWEB.
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Here is yet another reason Facebook is the new AOL while Google and newer search engines stand in front of the largest opportunities in the history of revenue in consumer software offerings.
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With research firm IDC estimating data storage doubling every two years, the need for storage resources which can handle complex and mixed systems that combine both file and block data (i.e. unified data storage) doubles as well. With this news, we updated our NBT Research Report.
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This Week in the Cloud…
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Learn why $6.9 Billion was invested in cloud based startup companies in 2011. Here's a sneak peak: According to statistics shared by PricewaterhouseCoopers director of startups practice Steve Bengston, venture capitalists invested as much as $6.9 billion on “Internet-specific” startups n 2011 alone, with “Internet-specific” being a proxy term for “cloud” because that’s what most of them are doing. The $6.9 billion investment is a 68% increase from last year.
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Quick Survey of the Week
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Given the massive US demographic shift, is this the LAST change for the "Old White Guy" GOP to win a presidency?
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LAST WEEK'S SURVEY RESULTS
Now that Romney has announced Ryan as his running mate. Do you think that Ryan will help or hurt the Romney Ticket?
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About the Author
Founder and Editor-in-Chief NBTEquitiesResearch.com. Contributor and Anchor Fox News Channel and Fox Business Network. Chairman & CEO NBT Group,Inc., a boutique private capital investment bank and investor relations organization.
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