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The technology adoption curve in action
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Virtualization has been a white hot trend in the technology world as of late. On Wall Street, the idea would seem ideal for hedge funds, which run a complex multiplicity of applications. As you can guess, the notion of creating a virtual layer of processing to better deploy IT resources is being marketed hard by a host of vendors (for now the big boys and the start ups are battling for supremacy). Â
Bob Guilbert, managing director of Eze Castle Integration, thinks there are three areas where hedge funds can really benefit: server consolidation, development and testing, and disaster recovery. It all makes a lot of sense. But to win over hedge funds--smaller ones especially--you've got to wonder whether the techie benefits resonate. From a marketers point of view, you'd like to be able to say, "buy our product and make more money." Â
In my mind, this is a neat example of the technology adoption curve at work. The idea makes a lot of sense but the transition isn't exactly costless. The high-level questions might be: What if it doesn't work? Will our apps slow down? Will the system not work right during the transition?
I think growth will occur, but you have to think it may be given a lower priority, even if the top dogs eventually buy the benefits, in a rally tough IT environment. - Jim
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