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EMC heads to the clouds with PI purchase

We are moving towards the age of:

  • Personalization
  • Globalization
  • Conceptualization
  • Ideation
  • Real-world, Real-time Visibility
And I can tell you more about it but when firms start buying little start-ups, like this PI's purchase, we know that the time has come to move on to that age. I'll soon be telling you soon how the "Multi-mapped covergence" will still make most of the good and well running firms, big and small, fail and others, again big and small, move on to the next wave and sustain for the coming 50-60 years (If they still can do their own re-startup 30 year cycle, well).

That will come, trust me! At some point in time you will see Avastu's community sourcing take off, unfortunately I am not considering to sell at at any point in time. Avastu will "surf-2-shore" for a long time to come.

Anyways here's EMC's purchase of PI:

Enterprise storage Relevant Products/Services giant EMC Relevant Products/Services has acquired Pi Corp., a small technology start-up that has yet to release any products on its own. EMC did not disclose the purchase price, but did announce plans to hire Pi's founder Paul Maritz as president of a new Cloud Infrastructure and Services division.

Maritz is a 14-year veteran of Microsoft Relevant Products/Services who left the company in 2000 and went on to serve as chairman of the Grameen Foundation, the innovative nonprofit founded by Nobel Peace Prize winner Muhammad Yunus.

While information about Pi's technology is limited, EMC CEO Joe Tucci offered some clues about the company's cloud-computing plan.

Ubiquitous Computing

Cloud computing, for those unfamiliar with the term, refers to the strategy of data Relevant Products/Services and applications existing on a shared network rather than on individual users' computers. With cloud computing, users have greater access to shared resources.

Tucci emphasized that Pi's technology is complementary to EMC's emerging cloud infrastructure Relevant Products/Services strategy. And, he said, Maritz will provide leadership to help position EMC at the leading edge of cloud computing and personal-information management.

Maritz described his vision as "allowing consumers and corporate information workers to create, repurpose, store, share and access personal information in novel ways, taking advantage of the ubiquity of computing power and a new interconnected world."

More here...


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