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Top 5 Reasons Why the Bloomberg Empire Will Fall

Preface As a follow-up to our previous blog, “Can the White Walker Ghouls at Bloomberg Be Stopped”? We outline NET(net)’s Top 5 reasons why we believe the Bloomberg empire are ‘the walking dead’ and will soon fall. Intro Since 1982, Bloomberg has enjoyed a virtual monopoly on Wall Street, with a stranglehold on the information and technology needed to be a viable securities buyer. That virtual monopoly is coming to an end, but the folks at Bloomberg have not realized it yet. This is why we are reaching out to you folks who spend the massive amounts of money to pay for those Bloomberg devices and services, which are now outrageously ...

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Top 4 (of 100) Technology Review Platforms for 2021

Clients often ask how we can stay on top of the market due to its constantly changing nature, and our answer is simple. We are constantly researching and analyzing the market in real-time, availing ourselves of a variety of resources. First among those is our own FMI (Federated Market Intelligence) gathered from thousands of executed deals since 2002. It’s a luxury to have that kind of data to inform Client strategy and optimization. However, we do also frequently vet our own understanding of the market by using a variety of resources, including the major Technology Review Platforms. If you can imagine, there are literally hundreds of ...

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Can the White Walker Ghouls at Bloomberg Be Stopped?

  Table of Contents: Introduction Background Market Summary Current Market Conditions Use Case Competitive Market Government Regulation Bloomberg News Fossil  AI's Role in Trading Bloomberg in Disruption Loss of Customer Trust Failure to Innovate Instant Bloomberg Arrogance Help Intro – Here’s How You Can Save 30-93% on your Bloomberg Costs The name Bloomberg conjures up images of the Night King himself, but also of the market dominance in the Financial Services industry, of its flagship product, the Bloomberg Terminal.  Just whispering the Bloomberg name also sends shivers up the spines of their customers when they think about the ...

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IBM’s Diminishing Role in the Modern Enterprise

Steven Zolman
Feb. 9,2021 |

Introduction Our clients are digitally transforming and migrating workloads to the cloud, while simultaneously minimizing their dependency on IBM for legacy IT. Due to a variety of factors discussed in this article, Clients have developed a strong resistance to offering IBM a seat at the table in their digital transformation journeys, choosing instead to diminish IBM’s role in the Modern Enterprise to avoid putting their future at risk. Contents: IBM Posts Another Dismal Quarter and Year 5 of IBM’s Top 6 Industries are in Open Disruption Clients have Accelerated Digital Transformation Initiatives Cloud as the Strategic Endpoint of the Modern ...

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Terminating Your IT Services Contract

Preface: Due principally to COVID-19, NET(net) has been getting many requests from clients for recommendations on how they can reduce or otherwise reshape their IT contracts; particularly their IT Services Agreements. Insider eBook: Top 5 Ways to Terminate Your IT Services Contract When it comes to contract wrangling in 2020, the soup du jour has been force majeure, but instead of a ‘silver bullet’ of sorts to get relief from contractual obligations in the age of a global pandemic, many of our clients are learning that the force majeure Rosetta Stone may not be the panacea of bargaining table control they hoped it was. In most cases where ...

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Look that Gift Horse in the Mouth

Things are moving fast in these challenging times as both individuals and companies struggle to keep up with changing demands and plan for an uncertain financial future. In response, we are already starting to see many clients (a) put most major technology spending projects on hold and (b) look closely at supplier contracts (almost none of which contemplate a reality such as the one we are facing today). As a result of a confluence of these and other factors, we are seeing an unprecedented level of activity in renegotiating technology supplier contracts, including but not limited to: The force majeure clause in most agreements Government ...

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Breaking Dawn for IBM: Meet the New CEO, Mr. Arvind Krishna

Steven Zolman
Feb. 18,2020 | IBM

Leave it to IBM to bring in fresh new blood.  After nearly 40 years at IBM.  Ginni Rometty steps down and Arvind steps forward; someone with only 30 years in at IBM, so we can expect a radical departure from the past, right?  Jokes!!  Of course, we are jesting, but maybe (just maybe) this guy is different. Let’s see.  IBM’s new CEO (who currently heads up IBM’s Cloud and Cognitive Division), is credited with being the primary architect of IBM’s acquisition of Red Hat.  Certainly, he will be measured by how well IBM becomes more like Red Hat, rather than Red Hat becoming at all like IBM.  If Arvind is to be successful, IBM will need to become ...

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Shrinking Value, Shrinking Sales, Sinking Ship: The Story of IBM's Ginni Rometty (Article #4)

Steven Zolman
Feb. 18,2020 | IBM

 Virginia “Ginni” Rometty has agreed to step down at IBM, and it’s without a doubt the best thing she has done for the company in her 8+ year tenure as its CEO.  The news sent the markets reeling and IBM stock soaring; up 5%.  The market clearly agrees that this is a long overdue and much needed move.  Ginni plans to step down as CEO in early April and retire officially by the end of the year with nearly 40 years of experience at IBM. NET(net) has been somewhat critical (but fair) of Ginni over the years. Shortly after she was named CEO, we documented our Top 10 Reasons Why Ginni Rometty Will Fail as IBM’s New CEO, and fail she did. The ...

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Kill All the AWS Zombies

Do you have AWS Zombies lurking in your environment?  If you are an AWS customer, probably you do. AWS Zombies are likely roaming your cloud instances gaining power, destroying all they touch, and if you don’t kill them off soon, they may take over your bills altogether. What are AWS Zombies?  AWS Zombies are described as unused (and often hidden) assets that keep contributing to the ongoing costs of your AWS Cloud without producing any value.  What are the four most common types of AWS Zombies?  1: Unattached EBS Volumes Clients should seek out and kill AWS Zombies like unattached EBS Volumes: When you provision an Elastic Cloud Compute ...

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Countdown of Oracle's Most Egregious Terms and Conditions - Number 1: Audit Clause

Clients are well advised to include specific language governing Oracle audits.  Most important is the ability to purchase any compliance licenses as a result of an audit action at the contractual price hold discounts                                     (#12 on our Oracle's Most Egregious list), and in the event that the price hold expires, at a mutually agreeable discount at the prevailing discounts available in the market for similar deals not to be unreasonably withheld.  The current contract language in the standard Oracle agreement requires clients to purchase compliance licenses at list price.  In the case of a 75% price hold discount, ...

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