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Thought Leaders in Cloud Computing: Codero CEO, Emil Sayegh (Part 5)

Posted on Tuesday, Apr 22nd 2014

Sramana Mitra: I’ll switch gears a bit. Given all these things that you’re seeing in the market, can you look ahead to the 5 to 10 year horizon. Tell me your thoughts about what’s going to happen. What do you anticipate as new that is going to happen?

Emil Sayegh: We are all heading toward a world where data is being collected every micro second, where wearable devices are going to be common and where data is collected even in our house. Vital data collected from us can be predictive. We’re heading toward a world where massive amount of data is going to be collected. We think we’re collecting a lot of data now. With avant-garde customers that I’m talking to, that data is going to take shape in the form of numbers, videos, and pictures. To accommodate this huge flood of exponential growth in data, we’re going to have to find ways to store and retrieve data very quickly and very efficiently. That’s going to be the next frontier for a lot of us. That’s going to impact storage – the cost and performance of storage.

Also, a lot of what I’m talking about here is going to be bottlenecked by how big and how fat their network pipes are. You’re going to start to see winners and losers in this space of accommodating all these data based on how big the pipes are and how inexpensive their storage is. Kind of like a price and performance ratio on storage more so than it is about pure computing performance like what we’ve seen to this point. I would say over the next ten years, storage is going to be important. High performance networks are going to be much more important. Of course, you said that hybrid is going to be much more prevalent and important. What we’re seeing is an exponential growth in the amount of data storage and retrieval and how efficiently you can do these things. Those two things really hinge on storage and network performance.

Sramana Mitra: Given that discussion as a backdrop, where would you advise young entrepreneurs to look for opportunities to build new companies?

Emil Sayegh: Infrastructure as a service is yesterday’s battle. You have companies that are well established. What you do with that infrastructure is the key. I see young entrepreneurs focusing on how to use that amazing array of computer resources that’s available to them and providing services that we haven’t thought about yet. Let’s take the example of medical service. If we’re sick, we’re in the hospital. They monitor our vital signs. What if young entrepreneurs really focus on the predictive nature and utilize the vast amount of infrastructure, computing, and storage resources that are available out there. I would advise them to go one layer deeper into yesterday’s opportunities and look at how how efficiently you can do these things to build new companies.

With all these vast amount of data available, how can we come up with algorithms that will give us the ability to extract quickly or organize data quickly so that we’re utilizing this massive amount of data and organizing it in a logical way. I see opportunities at the usage and at the utilization of data more efficiently.

Sramana Mitra: Thank you for your time.

This segment is part 5 in the series : Thought Leaders in Cloud Computing: Codero CEO, Emil Sayegh
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