CA: Don't Believe The Wireless Mega-Hype
The “chief wireless strategist” for Computer Associates is saying that there’s too much hype in the wireless space right now. Gee, tell us something we don’t know. Anyway, his complaint is that this is just another internet bubble, and Computer Associated doesn’t know where to spend its money when it comes to wireless. His problem is that he can’t find the killer app, and therefore, there can’t be a killer app. While I agree that there’s too much general hype about wireless, that doesn’t mean it’s not a big deal and won’t have a huge impact on their business. His main complaints seems to be that there’s to much VC money flowing into wireless companies, without any clear business proposition. Of course, that’s exactly how venture capital works. Many of those companies will fail, and much of that money will be “wasted”, but it’s the aggregate nature of the bets that lets the really useful solutions rise to the top.