Re:IBM’s Watson Health is sold off in parts
by rdtwo on Sunday January 23, 2022 @11:55AM
(#30047724)
Big deals can really put a company in danger. If the company you work with closes or cuts the deal or whatever you could loose half your revenue. On top of that big clients can be really needy especially dinosaurs companies that aren’t nimble. They take forever to pay, have lots of meetings and unreasonable expectations and expect lots of free stuff and service because they are incapable of processing Non standard invoices due to internal politics. It’s a mixed bag to deal with the big guys
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Re:IBM’s Watson Health is sold off in parts
by 35fbe7d3d5b9 on Sunday January 23, 2022 @01:14PM
(#30048643)
I saw this play out first hand: a local digital agency run by a friend essentially ended up "captured" by a major player in the aerospace industry, to the point that 65-75% of their business came from $BIGCO. They grew by 100%+, had employees flying all over the world to set up for trade shows, and were making money by the truckload.
Then Covid hit, nobody wanted to fly, and $BIGCO took an earnings haircut and decided to cut back. My friend had to let dozens of people go. It ended up costing him his company because he'd neglected bringing other work into the pipeline.
Re:IBM’s Watson Health is sold off in parts
by rdtwo on Sunday January 23, 2022 @01:31PM
(#30048853)
Yep that’s super dangerous especially cyclical industry like aerospace. Plus aerospace companies are notorious for paying late are having unreasonable demands.
Coworker dad went from being a millionaire to living in a truck this way too.
Re:IBM’s Watson Health is sold off in parts
by masalachai on Sunday January 23, 2022 @12:54PM
(#30048423)
While that's true, the execs who make these decisions usually don't care about the actual implementation. Once the deal is done, it falls on their "IT division". And two things happen: Jim over at IBM still pampers the exec with a dinner or two. And the exec also suspects that some, if not most, of the problems are with his IT team.