For the last several years, it has not been uncommon to hear people complain that the Information Technology (IT) industry has matured, and that it is no longer capable of producing the explosive returns that it once generated.
According to the argument, it is necessary to move on to Cleantech or other large, dynamic markets in order to enjoy significant returns.
I disagree.
In my opinion, reports of the death of IT have been greatly exaggerated.
The reason why is the Cloud.
I believe that the migration of products and services to the Cloud will provide a catalyst for disruptive change.
Once dominant companies will fall, displaced by nimbler competitors with new business and distribution models.
These radical shifts should breath new life into the IT market, enabling it to produce the kinds of returns it generated in years past.