this post was submitted on 08 Apr 2024
189 points (97.0% liked)
Technology
60087 readers
2102 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The problem with large customers is they can see value and if you charge too much it goes they can build their own.
Not by next quarter. By the time that happens, this set of execs will be already at the next company.
Often execs stick around longer than that.
Even if they do, they get bonuses for short term stock gain, not long term stuff. If the going gets bad, they totally do bail. Some companies - khm Reddit khm - even bring in execs just to take a fall when that happens, only for the same guys who set the problem up to take back the reins after the fallout.
They generally have a large part of their net worth in company stock and are getting options. Thus long term matters.
It's supposed to work like that. You're naive to think it actually does work like that for a majority of companies nowadays.
“By next quarter” would be Proxmox
I just left one of the UK's largest VMWare customers, in a team working directly on VSphere and ESXI products. The team was just starting to tool up for a new internal project to manage VMs within the company using some of the newer features in these tools. We had well over 1 million VMs across more than a dozen datacenters. The cost of running this is expected to go up by 30 times or more.
While it's going to take some time, they're now looking at migrating to a different solution. So Broadcom are going to get their extra pay for a while, but not forever.