Quoting IT: IT Projects
"There is no such thing as an ‘IT project.’ There are only business projects with an IT component."
- June Drewry, CIO of Chubb Corp as quoted in "20 Tips to Get Promoted in the Tech Industry", InfoWorld, October 16, 2006
"There is no such thing as an ‘IT project.’ There are only business projects with an IT component."
- June Drewry, CIO of Chubb Corp as quoted in "20 Tips to Get Promoted in the Tech Industry", InfoWorld, October 16, 2006
Google Buys CMSReport.com. That's at least what I would have liked this week's headlines to read. Instead, everyone in the business world is still scratching their head and wondering what to make of the Google and YouTube deal. Are we about to enter real growth and value in tech or are we about to face a Dot-Net Bubble 2.0? I don't have all the answers, but it looks like everyone is watching. BusinessWeek has this to say in their article, Smart Move or Silly Money 2.0?
WHO'S NEXT? Now, the question is whether YouTube's valuation will extend to up-and-coming buyout contenders. So far, it looks like only a few sites have demonstrated growth and engagement with users that might command similar prices. Exhibit A: Facebook, whose value as determined by its venture investors has jumped from $100 million in its first round in September, 2005, to $500 million in a second round last April. And that's just the start. Sources say bidders such as Yahoo are willing to pay up to $1 billion today.
So was Google's buy of YouTube smart or silly? Just as the BusinessWeek article discusses in their own article, the answer to that question is anybody's guess. I think if Google bought YouTube only for its young fickle audience and the level of synergy currently present at the site...it was a silly move. However, Google may have also bought YouTube before anybody else could which is likely a very smart move.
At the turn of the century it was estimated that there were over 7 million Websites in the world. In October of this year, Netcraft estimates that there are now nearly 50 million active sites on the Internet. However, I can't help but wonder how many of those 50 million sites are actually unique sites?
As I have mentioned in the past, besides this site I also run a site called "WebCMS Forum" [now defunct]. The forum is a place I started in hopes of bringing users of various content management systems (CMS) together for exciting discussion. While the number of users participating in actual dicussion have always been low, those people that are posting often write something that makes hosting this underused forum well worth my time.
"The best IT execs I've run across are the ones who skip the complaining about management and go in and do a job that seemed impossible in the face of immature technology, indifferent management and throttled budgets."
- Eric Lundquist, "IT success knows no boundaries", eWeek, September 4, 2006
As you may have noticed, we have changed our "IT Quotes of the Week" to "Quoting IT". I found that I do not always come across a good quote worthy of posting here at CMS Report. Also, there are times I just don't have the time to catch up on my trade magazines and the quotes are not really valid this week.
I just got done reading an interesting and important post by David Baron of Mozilla. Although his initial focus is on the Firefox 2 browser, he makes some valid points that easily carry over to lessons learned involving software development and general project management.
In case you missed it, yesterday was Talk Like a Pirate Day. On those days when you feel too much like a geek (in a bad way), you can rest assure that there is someone out there geekier than you. Meet Dougal Campbell, the rambling geek:
As some of you may have noticed, I returned a few days ago from my low-tech week. It's taking me awhile to adjust being stuck at the computer so you'll have to bear with me. It's been tough enough to spend the PC time at work, so spending my "free time" on the PC is challenging. It's kind of like not eating fast food for a week and then suddenly having to ingest it for every meal. Drupal addict and Yoga for Geeks guru, Sarah Pullman, mentioned a similar experience in one of her posts. To add insult to injury, I blew up three sites on my VPS and had to put the pieces back together.
I am going to spend this next week away from the computer. Between my "day job", this site, and working on some sites for others...I have been looking at the computer screen way too much. Meanwhile, the wife and kid have been looking at the back of my head for too long. It is time to enjoy the backyard and play some ball with the "boy".
"The label 2.0 has become so overused that it is now a tic, a reflex action, a device that gets trotted out because someone thinks it sounds both hip and techie. And it did — for a while. Now it’s tired."
-Steve Fox, "Too Tired of 2.0", InfoWorld, June 26, 2006