SugarSync Is No Longer Quite So Sweet
Over the last few years, I've spent more time following business issues in the IT industry than I had when I was younger. Perhaps it's just another mark of getting older. Over the holidays, a news item caught my eye: SugarSync has stopped giving away free storage . It's the hallmark of any new technology or developing area of business: Someone comes up with something new. Many other players pile into the new space. Some time passes Players that can't make money (or generate the growth numbers they want) leave the new field and the space consolidates. The consolidation can go down to just a few companies. Those companies do not always include the one that created the space. We have seen this with cars (in the first part of the 20th century, there were hundreds of small manufacturers in the US alone. now there are only two behemoths that are headquartered here and a few dozen firms based overseas). Other technologies (radio, television, ISPs, RDBMs, hard d...