In a recent article in AllThingsD, Okta CEO Todd McKinnon, explains why the pace of change is so often misunderstood in enterprise software — and the implications that has for CEOs setting company strategy and VCs investing in new technologies. There are massive changes taking place in the enterprise, but legacy software is still a reality for most organizations — and it will be for years to come — because of three main reasons: product cycle, adoption time and entrenchment. Head over to AllThingsD to read the full article. In Silicon Valley, and high technology in general, there’s a common narrative about how the new disrupts the old, and the old subsequently dies. It’s a compelling narrative, especially in an industry such as technology where fortunes are made in the name of innovation — but it’s important to separate the signal from the noise. That narrative is applied.