Thursday, July 23, 2009

Questions which can not be answered

Since the downturn has started there are some of the questions which have gained popularity with all the business news papers and news channels , interesting fact is no one seems to know answer to these questions yet these reporters keep asking same thing to almost any one and every one they meet
What kind of recovery we would see? : Now we all know there are various kind of recovery , W, V ,U shape etc but how can one predict recovery from a recession which is not yet near to completion , anyways how does it matter to business and common man as what sort of recovery it will be . It sounds important only to great economist and academicians who are good only in postmortems and never in predictions.
How should industry leaders respond to this down turn ? : after reading couple of answers on this I am myself now expert to give an answer , tow things 1) Innovation 2) Cost optimization . These two are the buzz words and now even in normal times innovation is very difficult for an industry where thousands of players selling same thing so the easiest resort to the industry is cost optimization which means cutting on head count . I have till now not seen a different answer to this question and hence stopped reading at the point where this arrives , whether its been asked to some business guru or minister , I have yet to see some innovation in their answers.
What is your focus market ? : Dare any one answer this beyond India and China , people will think he is illiterate and have not even attended pre school education, even kids know that these countries are focus market from super cars to match boxes , whats the point in reading a whole paragraph just to get the same conclusion

Do you see these green shots as a sign of recovery ? : This is a binary question and half of junta replies in 1 and other half replies in 0 so you are left confused whether there are any green shots , whether there are any recovery ? no matter how logical answer to this question is , it will not satisfy your quest of knowing whether recovery is happening or not because you yourself keep looking at so many contradictory examples around.

Sunday, July 19, 2009

My pick on top tech trends

I believe next technology business would see lots of potential in following areas
Mobile application : Internet did spread like a wild fire and every one had gut feeling about its potential but today mobile has much wider penetration then internet and also the time people spent on mobile is almost their entire waking up time. Currently where internet penetration in India is for 250 Mn people on the other hand mobile penetration is almost double with
around 500 Mn people . Organizations which missed on net applications can directly jump to mobile . Recently SBI's Mobile banking is a classic example , SBI could never make it big in ebanking but counting on the fact that now mobile technology is mature and secure , plus their are regulatory frameworks around , it can instantly reach to such a large user base.
With cheaper high end sets ( including iphone and BBs) applications dealing with media contents are also becoming popular and a large segment is using these apps exhaustively. Mobile is already transferring good amount of data from one place to other.

Security : Here I am looking at all kind of security , with global connectivity Internet security has definitely become high priority and companies and professionals in this business are making a fortune a logical extension to it is mobile security which seems to be more vulnerable thanks to wireless , blue tooth , data card etc.
On the other side now physical security is also taken very seriously not only at corporate level but also for personal and private usages, look around the new real estate development and you would find each flats have security systems.

Television applications : Television penetrates even much larger segment then Internet and mobile and now holds lots of potential . The first immediate preference would be to make it interactive and start selling products via live televisions. however the hidden treasure is in on demand content , today's lifestyle make it very difficult for people to follow some
program on a regular schedule , they must have flexibility to watch any program at any time of their choice , In India some operators are now already equipped with these facilities where any one can view any program ( at his own preferred time )telecasted in last one week .
Going forward a huge entertainment library which would empower users to pick and play her favourite programs ( no matter whether they are telecasted on current week or closed down last year) and watch them. Latest plasma LCD panels and home theatre system will compliment it very well

Thursday, July 16, 2009

Reasons why Facebook can replace twitter

After doing some analysis of facebook and twitter I am feeling that the "share whats in your mind " feature of facebook could be a good replacement to twitter. At one place twitter started to facilitate only small updates about self but then it restricted itself to it , even after there is so much buzz about twitter in the web world and increasing users , it has not added any significant applications to attract more hits. Sharing a pic with follower would have been a very basic facility
Your message is shown to everyone connected with you : what ever you share in facebook is available for everyone to read instantly whereas in twitter one has to follow you to be aware of what you are up to

A pic is better than thousand words : Facebook like orkut enables sharing of pic and video plus friends can comment on those pics/videos . I see people using this feature much more than simply putting text on their status of facebook

Other applications : There are so many application which facebook is enabling its users to use ranging from surveys, quizzes , games, sending gifts and so on . This keep users involved and also generates more comments and related discussion comments

Celebrity trust : Twitter generated initial buzz because of some of the celebrities choosing it to keep their followers updated but look facebook today and you would find so many of them are already present there.
Structure : The way twitter shows messages of people you follow looks messy and unstructured some times whereas facebook has put across a good structure of showing messages and clubbing related comments in the same discussion


Even though the ease of accessing twitter from mobiles can not be debated but with so many high end hand sets around I feel accessing facebook from mobile is also becoming a trend. If twitter does not come up with some thing better , I feel it may loose its grip over the user base within couple of years