Showing posts with label IBM. Show all posts
Showing posts with label IBM. Show all posts

Friday, May 3, 2013

“There are certainly more drivers apart from price”

Dr. Manish Gupta, Director – IBM Research, India asserts that innovations for the Indian market aren’t only about bringing down the price points

B&E: IBM has been driving a lot of R&D activity from India. What is your view on reverse innovation potential from this market?
Dr. Manish Gupta (MG):
I am not parochial in this regard. I am not claiming that innovation will only happen here, it will happen in all parts. I feel that cost is just one aspect, and we in India often make the mistake of equating innovation with low cost. A lot of times, people talk about how can you bring down the cost. That’s only one form. In our work, we have seen several different drivers for ‘reverse innovation’. They can be related to the scale and price point, and they may simply be linked to different needs unique to the Indian market, which does not mean they are necessarily low cost. I prefer to use the term leapfrog innovation for this kind of innovation, where you have to rethink a solution, take a different approach to solving a problem, and then you can apply the same ideas to other markets.

B&E: What drivers do you see that will enable more of such innovation coming from India?
One driver is often scale, which many other people have pointed out. Often, the scale of what you see in a country like India and China is much higher as compared to the US. One example is what our own lab colleagues have done in the context of telecom accounts. As you know, IBM provides the entire IT infrastructure for telecom companies like Bharti Airtel and Vodafone. We deployed a solution in one of the telecom accounts in India I cannot name. We developed a first of a kind solution where instead of having different kinds of analytics applications working on their own copy, of what is call detail record data, we have brought in a streaming data solution. As the data gets generated, even when the data is new, different apps start their own processing. You have the data flow through different applications. While it was driven initially by scale & price point, it delivered some real business value, as the company can now access the same day’s data rather than the four days old data it accessed earlier. It has been pitched to the likes of AT&T, et al.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
For More IIPM Info, Visit below mentioned IIPM articles

Wednesday, December 12, 2012

Those spaceships are long lost!


The IT bubble burst long back, and with it, did many fortunes...

The last decade of 1990s was a dream run for internet start-ups, and anything even faintly related to “.com” syndrome would be lapped by investors like hot cakes, without paying much heed to what the company does or the kind of potential it holds. This was where the bubble began, and this was in itself responsible for its bursting! It began in 1995, peaked on March 10, 2000 when the NASDAQ reached 5,048.62 points before bursting... During this entire period, the stock markets of US and other western countries saw the bulls in total control, especially with regards to the Internet and technology companies. Moreover, most of the Internet companies that were aggressive during these times were financed either by VCs or IPOs. And when this bubble burst, there was mayhem at the stock markets. What triggered the burst of this bubble was a massive multi-billion dollar simultaneous sell order from leading technology companies such as Dell, Cisco and IBM. Though it is said that this initial sell-off was just a coincidence, but it was too strong for investors at the NASDAQ to handle. Between March 2000 and October 2002, the Internet and technology companies shed a whopping $5 trillion in market value!

Different analysts have their own reasons as to what led to the crash-landing. Some say that it was a result of the ‘irrational crowd behavior’ that led people to believe that there was substantial value to be made in this field of business. Others however feel that this was a result of lack of information about this new domain, and their inability to ascertain the asset value, which drove rational people to commit this mistake. According to Rob Enderle, Technology Analyst, “The Dot com bubble burst, because it was feeding frenzy on Internet stocks and investments without any adequate financial controls or acceptable business practices. Folks acted like they were going to be measured on how much money they could spend in the shortest period of time.” Another opinion points out that the business model that these Internet companies followed at that time was flawed. 


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri

For More IIPM Info, Visit below mentioned IIPM articles.