OStatic

Yesterday, GigaOM's Structure 09 conference took place in San Francisco, focused on cloud computing. At GigaOm.com, you can find a number of good posts on what everyone from venture capitalists to Salesforce.com CEO Mark Benioff had to say about cloud computing. Notably, more than a few of the speakers at the conference expressed caution toward the cloud, and, as we've pointed out on a number of occasions, quite a few of the cloud pundits clearly recognize that open source solutions and more favorable economics are essential to a healthy cloud ecosystem.

Commercial open source companies of all stripes could take a few lessons from Amazon founder and CEO Jeff Bezos' comments here. In order for innovative ideas to bear fruit, companies need to be willing to ?wait for 5-7 years, and most companies don?t take that time horizon,? he said in an interview at the Wired Business Conference. People overemphasize their failures when trying something new, he added. Actually failure is not that expensive and it?s part of work. Check out the rest of this thoughts at GigaOm.?