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Lack of Innovation in IT Holding Companies Back?
bednarz writes to mention that Google's Dave Girouard, manager of enterprise business, is blaming a "crisis" in IT and the "insane complexity" of technology, among other things, for the lack of innovation that could allow businesses to grow. "A lot of things that people think of as core IT functions need to disappear into the ether so that the IT organization can properly focus on the value-added [activities]," he said. "Information security, as critical as it is, needs to be taken care of by organizations who live and die by it, who invest the money, time, resources and staff. Why should every company in the world have to build up their own expertise and have to maintain servers and provide security?"
Rent. I can move without much hassle, and when shit breaks, somebody else (who specializes in repair) fixes it. I also have much better landscaping than any of the homeowners I know.
And while the stock market appreciates on average 10%/year, the real estate market is only 6%/year. Equity in real estate is wasted money.
Rent.
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