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OpenStack is the set of open-source software designed to allow any hosting firm to offer up similar services to Amazon EC2; the OpenStack project was originally based on technology developed by Rackspace and has since spread widely to other ISPs. DreamHost has been offering the service in beta since October of last year. READ MORE>>.
Santa Barbara-based RightScale , the venture-backed developer of cloud computing management software backed by Benchmark Capital and Index Ventures, said yesterday that it has launched a new product specifically focused on grid processing. Pricing on the new product was not announced. READ MORE>>.
What’s astonishing and few other than those who lived it as startups (I launched my second startup in this era) realize is how profound of an impact that rise of Amazon AWS (S3 & EC2) had on the startup market. The “A Round” of my startup in 1999 was $16.5 So What Impact Did the Drop in Tech Founding Costs Have on VC?
.&# They started by offering cloud storage (S3) on a super cheap, pay-as-you consume basis. They then launched processing capabilities (EC2) and we startups suddenly didn’t need to buy production servers. Amazon allowed 22-year-old tech developers to launch companies without even raising capital.
It launched open API’s and created a platform whereby third-party developers could come build any app they wanted and Facebook didn’t even want (yet) to take any money from them to do so. Twitter seems to have become a bit allergic to third-party developers (or maybe vice-versa). Social Networking Will Split Into Layers.
Yes, social networks of 2010 have much better usability, have better developed 3rd-party platforms and many more people are connected. It launched open API’s and created a platform whereby third-party developers could come build any app they wanted and Facebook didn’t even want (yet) to take any money from them to do so.
A very interesting topic, especially for those of us involved in developing for start-ups. Especially when there are things like: Amazon S3 / EC2 / AWS outage this morning. Level 1 & 2 Burden is still on the developers, you still have infrastructure. Amazon EC2 - uses it for natural language processing.
For decades the “layering&# of technology has allowed us to develop IT systems and networks in a specialized way that let’s best-of-breed technology solutions to emerge at each layer of the stack and to allow people with different skill sets to specialize in key areas without having to have competence in every technology arena.
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