A friend pointed me to an interesting article in Business Week artilce: A VC’s view of Web 2.0 an interview with Ray Lane, ex Oracle chief. Here’s the opener
Recently, Lane has talked more forcefully about his belief that the traditional method of selling big corporate software applications as multimillion-dollar packages that take years to implement is broken. He contends that, thanks to the new wave of Web 2.0 companies, innovation is now on a six-month- instead of a three-year cycle — virtually requiring that software be offered as a service instead.
