Monday, May 10, 2010

How to Make Money in Cloud Computing

It's been fairly quiet on the blog front lately mostly because of my ridiculous travel schedule as well as an endless series of meetings both with new customers & partners. A recurring question I've been asked lately has revolved around one of the more difficult questions to answer in cloud computing. The questions is how does one make money in cloud computing? A very good question, one that I've been asking myself for quite sometime. So let me begin by giving you a brief history of my company, Enomaly.

Over the last 6 1/2 years since we founded Enomaly Inc I've often considered myself a bootstrapper. The ability to build a self-sustaining business that succeeds without external financial support - built and supported by the money we make . In my case Enomaly was formed out of the previous consulting work I was doing in enterprise content management, back then (pre-2004) I focused on open source CMS's products. (I made money on others free software) Basically I built Enomaly by taking the money I made as an independent consultant / freelancer / contractor and brought together a founding team and created Enomaly.

The original partners, George a financial whiz looked after the operations and Lars looked after both the product and project management, they both excelled in areas I found myself weak in. As time passed we used the revenue to hire more people and develop our products all the while gradually growing the business. This time gave us the ability to both grow and adapt to emerging market trends in what we called "elastic computing", now generally refereed to as "Infrastructure as a service" or Cloud Computing. One of biggest advantages was time.

Read more: Cloud computing journal

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