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There’s a lot of brain drain going on at consulting companies as everyone flees a dying industry for 30% raises at FAAMG companies as they start to tackle verti

There’s a lot of brain drain going on at consulting companies as everyone flees a dying industry for 30% raises at FAAMG companies as they start to tackle vertical industry offerings. They’re all aggressively attacking the enterprise space. These companies just have profit margins high enough to afford to blow everyone out of the water with their offers. They’re competing with each other for the top talent, and it makes it really hard for companies in other industries to retain their best and brightest.

rightbyte 7y ago
I like FAAMG but it's not pronounceble. I always though Netflix was a odd company next to the giants. MS is a better one. Maybe IBM should be included as well. "FAGAMI" ... maybe "FAMAGI" to be less profound.
- exelius 7y ago
  IBM doesn’t belong; their revenue has been flat for 20 years and they have almost no influence in the tech world anymore. My clients view IBM as a consulting company with a market position somewhere between Infosys and Accenture. On the other hand, Microsoft is still quite relevant to the future; Azure is getting a lot of traction in the enterprise world as an alternative tech stack to AWS. VSTS is rapidly displacing the whole Jira ecosystem and VS Code needed 6 months to become one of the most popular development tools.
  - rightbyte 7y ago
    Ye, there are not much hype around IBM. But IBM is surely more technically forerunners than Netflix. Is VSTS any good? Or is it from the ash into the fire? I would love to get rid of Jira at work.
    - exelius 7y ago
      I agree; and if you want to have a conversation about media you need to include the top 4 telecoms as well. Netflix doesn’t really belong with the company it’s often mentioned in. And yes, VSTS is good. The interface and tools are easy to use, the defaults are way better than Jira and it integrates with damn near everything (even tools it replaces, like Jenkins). The Microsoft of the late 2010s is almost the polar opposite of the late 1990s Microsoft. It’s all about open tools that link together via proprietary orchestration platforms. Those platforms provide the bulk of the business value, so I’m ok with them not being as open.

rightbyte 7y ago

I like FAAMG but it's not pronounceble. I always though Netflix was a odd company next to the giants. MS is a better one. Maybe IBM should be included as well. "FAGAMI" ... maybe "FAMAGI" to be less profound.

exelius 7y ago
IBM doesn’t belong; their revenue has been flat for 20 years and they have almost no influence in the tech world anymore. My clients view IBM as a consulting company with a market position somewhere between Infosys and Accenture. On the other hand, Microsoft is still quite relevant to the future; Azure is getting a lot of traction in the enterprise world as an alternative tech stack to AWS. VSTS is rapidly displacing the whole Jira ecosystem and VS Code needed 6 months to become one of the most popular development tools.
- rightbyte 7y ago
  Ye, there are not much hype around IBM. But IBM is surely more technically forerunners than Netflix. Is VSTS any good? Or is it from the ash into the fire? I would love to get rid of Jira at work.
  - exelius 7y ago
    I agree; and if you want to have a conversation about media you need to include the top 4 telecoms as well. Netflix doesn’t really belong with the company it’s often mentioned in. And yes, VSTS is good. The interface and tools are easy to use, the defaults are way better than Jira and it integrates with damn near everything (even tools it replaces, like Jenkins). The Microsoft of the late 2010s is almost the polar opposite of the late 1990s Microsoft. It’s all about open tools that link together via proprietary orchestration platforms. Those platforms provide the bulk of the business value, so I’m ok with them not being as open.