Author

James Mitchell

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Dr. James Mitchell is a Senior Consultant with Cutter's Business Technology Strategies practice and CEO of Strategic Blue, a financial cloud brokerage firm offering cloud computing for services more commonly seen in the commoditized energy markets. Read more ...

Jun 022015
 
Five Myths About the Commoditization of IT

“Commodity” is a bad word among technologists. It implies standardized, unchanging, noninnovative, boring, and cheap. Commodities are misunderstood. This post seeks to dispel some of the myths around the commoditization of IT services (i.e., the cloud). 1. Infrastructure as a Service (IaaS) Is Not a Commodity Like Oil Yes, according to the technical definition of “commodity,” IaaS is not one. But then nor is oil, or gas, or coal, or pork bellies. None of these so-called commodities is perfectly fungible (i.e., so close to identical that a buyer is indifferent as to what is delivered), and being fungible is a prerequisite for any true commodity. When we refer to oil as a commodity, for instance, Read more