Getting Nervous !

Dear Readers,

It seems there are some stress and battle on what we call the “blog area”.

This may be in relation with the global economic situation, that put additional pressure on SMB, especially companies that works in the Open Source market. Far away from banks trouble, at the end of the line, you can find IT system integrators, accounting offices, lawyers and many other services companies that will have direct impact coming from decision such as “we delay our investment”, or “we don’t have budget anymore for this project”.

Last thursday, there were 2 news about direct impact on the crisis :
http://www.newzy.fr/index.php?option=com_content&task=view&id=4059
http://www.lemonde.fr/technologies/article/2008/10/10/facebook-a-le-couteau-sous-la-gorge_1105418_651865.html#ens_id=884081
shortly : one is telling that Venture Capitalist will now be more focused on profitability for the project they backup,  the second news is about some managers of Facebook leaving the company for different reasons (including the postpone of Facebook IPO)
All in one those 2 informations should make many people nervous : those who thought we will get money by a future IPO, those who bet on funds raising to develop their company …

Back on our blog area, I witness some strange posts on Matt and Sylvain’s blog. Purpose on this post is not to relate what happened on their site, and I can understand some reactions. On one blog, Matt wrote a post in reaction with an inconvenient evaluation coming from “nowhere”.  On sylvain’s blog, some people wrote unbelievable wrong sentences about BI platforms, showing to everyone they are narrow minded and have poor knowledge of the other products

Answering to those posts is time & energy consuming … and dont’ bring a lot to discussion (even if I can understand Matt’s reaction in front of some publication, there are limits to everything, including limits to disinformation). Telling nothing about a bad post (and I get so many bad & wrong posts when I tried to talk about “Comercial Open Source” 2 months ago) is not that easy to do, and beeing silent is not an acceptation of the post. This is simply a position I’ll try to keep as long as possible (again, there may be some limits …)

In this strange period, we decided we have more to do than entering into some unlimited battles, focusing on our projects and clients & on our BI Platform is more valuable. But agressive posts will stay forever …

Have Fun !
Patrick

Who is responsible ?

Dear readers,

Over the last past weeks, we have seen so many changes in our financial world, and it will be soon time for post-analysis (even if nobody can tell today that this situation is over)

I just wanted to share with you some thoughts and ideas  about the banks and insurance that feld into bankruptcy :
– what was the Information System running by those companies ?
– how was organised their account department, risk management department, audit company and any other important service company (such as IT integrator, accounting services …)
– when was the last alert raised for each company about the impact ?
– Does some of those companies share board members ?

I’m not certain I will be abble to collect all those informations, even if I’m certain it would provide us with valuable information about the accuracy and  honesty of some of the leading “partners” working with those banks and insurance.

Collateral consequences we may see in the next coming weeks in the IT area :
– some integration projects will be stop (or de facto stopped if the bank has collapsed), leading to lack of revenus for leading ERP (Oracle ? SAP ?)
– thousand of IT people coming back at their local office, because their project have been stopped

What may happen in the Open Source market, where new emerging companies are building both brand and product using private funds from Venture Capitalists ? We may imagine that Venture Capitalist will face problems to raise new funds from their legacy partners, even if there may be more money coming from the pure private market. This should lead some of those companies – in the Open Source BI area for exemple – to be bought in ther next coming months. Officially, we may see “big deal” … but I’m not certain we will see something like Redhat/JBoss or Sun/MySQL deals … no more cash, only paper exchange …

Don’t forget a private company has to be profitable …

Have Fun  !

Patrick