Saturday, February 28, 2009
Memo to the President & CEO of IKEA, Anders Dahlvig
For now, my memo will address the following questions.
1) What the new trends in home entertainment e.g green, interactive display, voice activation, motion sensing, wireless and Internet-enabled devices, mean to IKEA's product strategy for the future?
2) What is the future of IKEA's brand? Can IT help IKEA develop a "habit" brand for design search similar to what Google is for information search.
Amazon to leave text-to-speech feature upto publishers' discretion
Shouldn't publishers be looking to long term revenues and understand that text-to-speech is only the first experiment before speech recognition technology is fully scalable and cheap, which can only but increase the demand for books? Today we can only listen to a male or female computer voice but what if in the future we could hear any voice from any place in the world? What if we could hear a voice that reacts to emotions, to surprises, to terror, etc. I think Publishers that don't understand the power of this technology will fail as old marketing agencies failed to predict the power of search ads.
Here is the link to the full story
Great books on the Kindle
http://www.amazon.com/dp/B001TK3FT8
Also check out
http://jzeibert.wordpress.com/
for other formats
--jz
p.s. Sorry about the only loosely class related post :)
Blackberry Takes on Apple!
Friday, February 27, 2009
Sony's Reorganization Reinforces the Importance of Interdependency
1. More emphasis on networked products and services.
"Sony will also reorganise its electronics business into two new groups. The PlayStation video games business will be integrated with laptop computers and mobile products such as the Walkman music player, to try to speed the development of networked products and services."
2. Integration across products.
"A new consumer products group will bring together Sony’s struggling TV business with other devices such as digital cameras, as well as semiconductors and electronic components."
My guess is that these devices--if they do not prove profitable in the coming years--will be discontinued or spun off.3. Changed organization structure staffed with people familiar with the digital world. Another key point to note is that the organization restructuring elevates people familiar with the digital world. Businessweek reported that:
Though Stringer put those things at the top of his to-do list when he took over three years ago, his efforts have been hampered by divisive rivalries and strong resistance from the company's old guard of hardware engineers. "This group is very network-centric and very open-minded," Stringer said. Stringer didn't reveal many details about the strategy. But the point man for his push into Internet services will be Kazuo "Kaz" Hirai. As the head of Sony's video-game business, the 48-year-old Hirai has spent the past two years expanding network services for the PlayStation 3 and PlayStation Portable consoles. Last week, Sony said more than 20 million PS3 users have connected their machines to the Net and signed up for the PlayStation Network, which features online games, video downloads, news, and a social-networking service. (Sony needs to capitalize on this network).
See also this video:
Nokia - CEO Memo
I’ll be writing my memo to Nokia, which currently is the largest mobile phone manufacturer in the world. With challenges from new devices such as the iPhone and more and more smartphones, I think it’s interesting what Nokia’s response may be. There is a converge between phones and PCs and the CEO Olli-Pekka Kallasvuo just last week mentioned that Nokia is strongly looking into developing laptops.
Nokia have often moved in to new technologies and designs relatively late, and for the most part they have been successful, but if they are going to continue to live up to its “Connecting People” tagline, what are some of these appropriate next steps and what technologies can they employ to stay a leader within mobile phones and possible expand this into other markets with complementary products. I think they can use IT to be more proactive in their strategy instead of trying to react to competitors such as Apple, so there is plenty of room for improvement for the organization.
Stringer New President of Sony
http://www.pcworld.com/article/160354/stringer_shakes_up_sony_management_takes_president_position.html
Thursday, February 26, 2009
Google: What Came off the Allocated 20% Time?
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It reinforces many of the points we made about Google balancing exploration and exploitation as it evolves its business model on the net.
CEO Memo - Ruelala.com
Ruelala has really succeeded in mimicking the sample sale experience online. However, since it is part of Retail Convergence (which also owns Smartbargains.com) it must be thoughtful about leveraging existing infrastructure and technology without associating the two brands/shopping experiences. I think that if Ruelala doesn't act carefully now, its has the potential to become "just another bargain site" once the economy picks back up.
To read more about online sample sale sites: http://venturebeat.com/2009/01/13/luxury-sample-sale-sites-gilt-groupe-and-ruelala-pick-up-traffic-despite-the-recession/
Wednesday, February 25, 2009
CEO Memo - Power Medical Interventions
Kindle2--a drill down
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Enjoy..
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Update: Here's a NY Times blogpost that compares the e-readers and provides some information that may be useful if you are developing systematic comparison of the key success factors.
Murdoch's "State of NewsCorp" Memo
1. The need for internal synergy and cooperation.
Many of you have told me how hungry you are to work more closely across our companies. Many of us have been frustrated by the things that can get i n the way of that. From systems that don't talk to each other to incentives that struggle to capture the opportunity and aspiration of our total group. These obstacles are obvious to us all. There will be a streamlined management structure between our Los Angeles based business units and the rest of the company. Peter and I will be communicating more on this over the next few months. For the time being, of course, the talented executive team at the Fox Group will continue to report to Peter.2. We are at an inflection point.
Now is also an ideal opportunity to streamline and enhance many of the corporate and administrative functions of the business. There will be cost savings as a result, but the more important aim is to be leaner so that we can better leverage our collective talent and expertise.
We are in the midst of a phase of history in which nations will be redefined and their futures fundamentally altered. Many people will be under extreme pressure and many companies mortally wounded. Our competitors will be sorely tempted to take the easy beat, to reduce quality in the search for immediate dividends.3. Innovate boldly.. often defying conventional wisdom.
Let me be very clear about our company: where others might step back from their commitment to their viewers, their users, readers and customers -- we will renew ours.
The direction of the business now and over the next few years will define the character of our company for decades.
We have always thrived on change and challenge. This was true when we began building a newspaper business in Australia. Just as it was when we created BSkyB and developed a fourth US network, the Fox Network, when conventional wisdom dictated that there was room for only three players. It was true when we launched Star, now the leading network in India, and the Fox News Network and Sky Italia.
The best things we have done, and there are many examples, have defied conventional wisdom, often in the teeth of fierce opposition and near universal disbelief in our capabilities.---
You may find other themes as well. Enjoy reading but please be sure to share your ideas..It's timely in the context of discussing Facebook and the upconing sessions on media and entertainment.
NationalGrid Memo to CEO- Changing Consumption Via Information
"If you cannot measure it, you cannot improve it." — Lord Kelvin
The value chain for utilities has been fairly constant for the past several decades. Invest in capacity, meet escalating power demand through fossil fuel plants, and then take a profit, after the transmission margins are met. However, the rules of the game have changed in 2 ways: fossil fuels are now known to be toxic and convergence of the 3 driving forcing of IT are here (Moore, Metcalf, Bandwidth). In the future, power will be consumed more intelligently and with greater awareness, all facilitated by access to usage and price data. This paper is not going to focus on renewable energy, therefore, but rather how these forces will change power consumption to make it more efficient and intelligent.Players like Google PowerMeter, EnerNOC, and Fat Spaniel all offer solutions that will dramatically empower customers to change/reduce consumption and shift to off-peak times. This means electricity demand will fall, but this is a good thing for the environment and the strained and aging power grid. The question is what does National Grid have to do to make these changes good for them too- by harnessing IT investments and the 3 laws to make their value offerings in-line with new customer demands.
Silicon Valley’s Fork in the Road
Here is the article.
Memo to the CEO of LVMH
Memo: ThermoFisher
Tuesday, February 24, 2009
Memo to the Director- Internet & e-Business Strategy, L’Oreal
Today, Web 2.0 has the incredible power of exponential value-add and L’Oreal hasn’t yet jumped into this bandwagon. There needs to be a platform of communication for L’Oreal’s customers with their Brands. When we see the likes of Zappos (sells accessories such as Shoes and Bags) succeeding on a purely web-based platform, it brings forth some serious questions about the competitive threat to L’Oreal in the online world. The current online advertizing/marketing capability reaches far beyond a snazzy website – the key being interaction with the consumer.
With this memo, I hope to be able to make a recommendation to L’Oreal about the steps they can take the induce a Web 2.0 component to their e-business.
Memo to VMware CEO Paul Maritz
I would like to address the following issues in my memo to new CEO Paul Maritz (former Microsoft executive):
- What steps is VMware taking to differentiate its products and stay ahead of its new competitors in the virtualization space? This is critical since a few competitors have enough money to remain in the market despite currently having an inferior product.
- How is VMware preparing for the day when all servers have been virtualized? The hypervisor is quickly becoming a commodity (packaged as part of OS, open source options) and VMware now gives away its basic hypervisor for free. Will VMware become a pure service company?
- Should VMware use its own technology and enter the cloud computing space? Which partnerships would make this venture less risky and give it a greater chance of success?
- Can VMware form similar partnerships in the mobile space?
Memo to MEDITECH
CEO Memo, Trek Bicycles
I will look at
1. Theft prevention technology (something Lance Armstrong's bike could have used recently)
2. A model similar to the iPod-Nike device, in which a device could be put on a Trek Bike to be uploaded to a computer later (or immediately).
There will probably be more aspects to this.
A lot of data gets generated from a bike (cadence, gear, speed, etc..) and I'm curious to examine the feasibility of taking the task of gathering that data from a peripheral cycle computer and putting that technology directly onto the bike itself.
Most importantly, I'd like to translate this innovation into a competitive advantage for Trek.
Thoughts, comments?
Textron Memo
Given the long life and technical nature of their products (it is not uncommon to see decades old Cessna's in service today), I am interested in looking at how IT can improve both the serviceability and reliability of their products during their lifespan.
In addition, I would like to explore how they can use IT to leverage the knowledge they have acquired about the performance of their products over time to help design new aircraft models and predict potential problems in existing ones.
I am still in the early stages of identifying other areas that IT may be better used within Textron, any ideas or suggestions that you may have would be appreciated.
Memo to the CEO of Sephora
- Given the current economic climate I'm interested to see how Sephora fares during the recession. The "lipstick indicator" theory says that consumers will indulge in small luxuries in recessionary times. But does that theory hold water when the lipsticks in question cost $30+?
- CVS is planning to open a chain of 500 high-end stores called Beauty 360 adjacent to their drugstores over the next few years. How can Sephora utilize technology to help combat this new entrant? Their online storefront will likely be key.
- Currently Sephora doesn't really have any Web 2.0 content on their site. Only within the past few months did they even add the ability for customers to rate and review items, which Amazon has had for years. There are many beauty blogs and messageboards on the Web and I don't think Sephora is leveraging that fervent online community as it should.
CEO Memo - Blockbuster CEO Jim Keyes
Hey all. I'm going to write a letter to the CEO of Blockbuster. Here are a few of the points I'll be touching on:
- Using IT to improve their operational efficiency, particularly inventory control.
- Leveraging the web to modify their business model to better compete with Netflix.
- Changing their digital distribution strategy. Their currently strategy is old and busted.
There are a couple of other points I'm working on, but I think these are the major issues that Blockbuster can address by changing their approach to IT.
Facebook - Nokia discuss alliance
I found this article on WSJ, it's basically about Facebook looking to integrate its social network in the mobile market. Thus, it's trying to establish alliance with Nokia (which is also considering creating its own social network) or Motorola. In the meantime, Facebook is already working with Palm to integrate part of the functionality in its new mobile OS. While MySpace already worked with Danger Inc. to integrate with the T-Mobile Sidekick and has also built software applications for the BlackBerry and iPhone.
http://online.wsj.com/article/SB123439645252474935.html?mod=rss_whats_news_us
Memo to CEO of Philips NA
I will be writing a memo to Mr.Weisenhoff, CEO of Philips North America for the following reasons:
1) Innovation and technology are the means and internal culture at Philips to improve people's lives
2) I see further opportunities enabled by usage of technology in the different divisions :
- -Healthcare: people need to have access to affordable clinical expertise (spread worldwide), many of the devices Philips creates are designed for be used at hospitals but also at home, thus easy to use designing and communication to medical and emergency services can really improve patients' care.
- - Consumer Products: design is the current competitive advantage , but I feel there is still room to enhance consumer experience by increased connectivity.
- - Lighting: creation of energy efficient solutions, empowering users to monitor use of energy. They are doing great innovations here and I see new applications of lighting as well.
3) I'll be joining Philips after graduation and as I've perceived the top management team is open to new ideas so I'll be glad to share the Memo with them.
Please feel free to share any suggestion or comment. Thanks!
DC City Government
Whole Foods Memo
1. With current spend on marketing representing only 0.5% of total sales, they must identify ways to engage customers again without additional spending. They currently utilize Facebook, Twitter, Podcasts, and Blogs. What improvements can be made in these areas?
2. They have already made significant investments in green technologies to lower energy use and lower expenses. What next steps through IT should they take to facilitate these efforts?
3. The overall company focus on measurable objectives creates a culture of continuous and shared improvement. How can IT improve the measurement and availability to staff members? How can we provide metrics that seek efficiency and cost reduction across the entire organization?
These are a few of the areas that I would like to focus on within the memo. Thanks in advance for suggestions or comments.
Memo to CEO (Superintendent) - Bloomfield Hills School District
There are three reasons for this choice
1) I know this person well and have discussed many of the MS-MBA topics that have come up in the past with him. I think this will be a great way to formalize the discussion and to put in some concrete analysis and implementable recommendations instead of the usual dialogue of "here is something interesting I learned, maybe the school district could use it"
2) Because of these ongoing conversations I know that this district and public school districts in general could benefit greatly from the recent advancements in IT and IS that large companies implement and leverage. Public school districts have limited budgets and the person in charge of IT is in an operational role, not an innovative role. Their job is predominantly to make sure the IT runs.
It is my belief that the benefits of IT innovation are not being utilized in school districts because it is very difficult to quantify the benefits (especially to a school board) when the money could be spent on education.
I will try to use what we are learning in class to demonstrate to the Superintendent that a shift in perspective of the school district's view of technology and IS/IT would be to it's benefit. I will do this by briefly providing implementable affordable recommendations that can begin to change the direction and view of IT in the school district.
3) I believe that children are our future. Teach them well and let them lead the way.
Some interesting questions that I think need to be addressed are:
What is the appropriate payback period on IT investment?
To what extent can intangible benefits be measured in order to justify expense?
Is there room for experimentation? -Room, that is, in both in the budget and in stakeholders tolerance.
How can a school district, which is so dependent on community support, communicate the benefits of IT investment to the broader community?
CEO Memo - Jae H. Kim Tae Kwon Do
Kindle's Closed Architecture
Sony's New Initiative at Realizing Synergy
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The theater, owned by Muvico Entertainment, will use Sony’s 4K SXRD digital projectors. The SXRD brand will be promoted on screen, as Dolby or THX sound systems are. When customers buy food and tickets, they will find updated menu offerings displayed on 16 Sony LCD televisions. And when the children become bored, they can try out the latest video games on a bank of PlayStation 3 consoles in the “digital playroom.” Muvico hopes to cater to an upscale crowd with cash to spare, just the sort of audience Sony needs. Similar to the ArcLight cinemas in Hollywood and other deluxe theaters around the country, the complex features valet parking and allows customers to take food and alcohol to the reserved seating Premier section, where the wide seats cost $20 each.
Sony thinks this theater is an ideal location to promote its products, which usually carry a premium price. “Customers in Thousand Oaks stay to watch a film’s credits because their names are probably in them,” said George Figler, director of design and construction for Muvico, based in Fort Lauderdale, Fla. Sony could use a good jolt. Revenue from electronics and the video game segment has slumped in the last year. The company expects the fiscal year to show an operating loss of $2.9 billion. Howard Stringer, the company’s chief executive, has been trying to push Sony’s divisions to work together more closely.
“Our 4K system will impact all our Sony products,” said Michael R. Fidler, Sony’s senior vice president for digital cinema. He said he was meeting regularly with colleagues in other Sony divisions to determine promotional strategies. “We are building a new synergy and business model with the theaters, which usually leave promotion to the studios.”
Sony’s high-resolution digital projection technology is an ideal way to show live musical events. The company is working with Live Nation to produce a series of at least six concerts, which in addition to their theatrical exhibitions will be shown on home TVs through Sony’s broadband Bravia Internet Video Link service and via the PlayStation Network.
Mr. Fidler also imagines turning the release of a new PlayStation game into an event. A few days ahead of a multiplayer game’s going on sale in stores and online, fans might try it out against remote competitors on one of the giant theater screens.
Sony also hopes to increase its penetration of the digital cinema market. There, its technology is now a distant second to the industry leader, Texas Instruments, which has its D.L.P. cinema projector technology in almost 5,300 screens in North America. Sony has digital projectors in just 300 theaters. But the company says its digital projectors display an image with four times as many pixels as the D.L.P. system, resulting in sharper pictures with richer colors. Sony’s hardware costs 10 to 15 percent more than the T.I. system.
Muvico has committed to use Sony technology in all its new theaters, and eventually retrofit its 12 existing houses that do not yet have digital equipment. A number of AMC and Landmark theaters also use Sony’s 4K systems, and more will follow when money is available, Mr. Fidler said.---
It will be worth seeing if it creates the cross-business synergy. Or just an expensive marketing gimmick
Microsoft should buy RIM?
In general, I don't think of Microsoft as a phone company, they just fall back on all those capabilities that RIM has. With Apple aspiring for world domination and the Windows Mobile market-share deteriorating, RIM is an attractive target for takeover. If Microsoft doesn't make a move, the next big guy is lurking in the bushes: Amazon.
I would love to hear everyone's thoughts on this.
Monday, February 23, 2009
Memo to Acer CEO
With the strong presense in PC area, Acer is planning to offer smartphone to rev up the sales and diversify its product portfolio. However, the smartphone market is dominated by Apple's iPhone and RIM's Blackberry. At the same time, Dell is also preparing a move into smartphone in the near future. With the lessons gaining from the class, I want to write the memo about how Acer explores the smartphone industry.
Regards, Chun-Wu
Stringer battles Sony 'old guard' managers
"The dispute centres on whether products such as televisions have become commodities, in which case, Sir Howard believes, Sony should cut production costs and rely more on sales of software built into its gadgets."
More at http://www.ft.com/cms/s/0/f64c8faa-e75c-11dd-aef2-0000779fd2ac.html?nclick_check=1
Letter to GAP Inc CEO
I am planning to write a memo to the CEO of Gap Inc for several reasons, some of which I have highlighted below. I would be interested in hearing anyone's feedback of my argument. Also, it would be interesting to hear any opinions/thoughts about the company.
1. GAP has struggled the past 5 years and is still in need of redefining itself. They have incurred turnover at top management. Brand is not as valuable as it once was losing to much trendier names such as Abercrombie, Anthropology, JCrew, Zara, etc.
2. In order to freshen up their image, they have moved into new product lines such as "Piperlime.com" which is an online store for handbags, shoes, accessories which features non-GAP brand products. I am not sure the strategy behind this product launch as it seems they are moving away from selling their GAP brand of products.
3. I think they can better leverage technology to improve inventory management system as well as improve their product cycle launch. For example, GAP's competitor, Inditex (parent company of Zara), operates on a more flexible production model, enabling them to quickly take advantage of new fashion trends by being able to get a product from the pre-design stage to its shelves in 3-4 weeks.
4. Think they could utilize web/social networking to better advertise and market their products – partnering with Facebook, Youtube, etc are optons.
5. Macro-economically –The retail industry's current struggles during this economic environment is no secret. More than ever GAP needs to differentiate itself from its competitors in order to get customers back in its stores. I think GAP should invest in IT innovations that will improve cost efficiencies and drive sales at a time when its competitors are culling investment projects.
Sony Vs. Apple
http://www.techradar.com/news/world-of-tech/future-tech/sony-looks-to-movie-downloads-and-gaming-profits-408083
Sunday, February 22, 2009
Mac OS X on Dell Mini 9??
Saturday, February 21, 2009
A useful comparison of contenders to iPhone. Courtesy Royal Bank of Canada analysis .
In addition to comparing hardware features, it is worthwhile taking a look at how the network effects of third-party developers of applications will shape the logic of competition. So, a strategic question that emerges--what should Apple do next to redefine the game or will it be caught up in the current set of rules and conditions?
Friday, February 20, 2009
iPhone App Store: An Indepth Look
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Please do comment on the presentation.
Thursday, February 19, 2009
cisco TelePresence and NBA
Amid a recession that has many families cutting back on their spending, sports teams are trying to find new ways to lure fans to their stadiums and off their couches. One part of the strategy will be on display this weekend at the NBA All-Star game in Phoenix.--
Fans in the city will get a behind-the-scenes look at the festivities and be able to interact with some of the league’s stars–thanks to a high-definition video-conferencing system. The system, called TelePresence and made by Cisco Systems, uses giant screens to create an experience as close to a face-to-face meeting as possible. (Cisco is one of the NBA’s “official partners,” so it gets to use league events to promote its products.)
“When people come to a major event like All Star they want to feel like they have something special and not just sit in a seat,” says Steve Hellmuth, executive vice president of operations and technology for NBA Entertainment. “This technology lets fans have a special in-person experience with a player.”
That personal connection, the NBA hopes, will make fans feel more connected to the sport, the league and their favorite team—and more inclined to go to games or buy NBA merchandise.
The league will set up two TelePresence systems, one at the Phoenix Convention Center, which is where many event-related festivities will be held, and another at the stadium itself. These systems will connect to one inside the weight room at the stadium. Players will be available to answer questions from fans throughout the weekend. The NBA will also use the system for trivia contests and other events, and ESPN reporters will conduct interviews with players via TelePresence.
“With these pictures, you really see the detail in someone’s expression,” says Hellmuth. “You really get the sense of the person.”
Unfortunately for fans, that “sense” won’t extend to how much a player can bench press. Even though the system is located in the weight room, it won’t be active while players are working out.
is this the future of involving the fans?
HP turns to services as hardware sales falter
http://tech.yahoo.com/news/ap/20090219/ap_on_hi_te/earns_hewlett_packard_9
Steve Ballmer's Talk at Mobile World Congress
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It is a useful update to the discussions we had about Microsoft as it competes against Google and Apple (and RIM) in this arena
Wednesday, February 18, 2009
Cisco brings Web conferencing to smartphones
the Frontline Show: Inside the Meltdown
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Then, please post your thoughts and reactions..... Love to hear your thoughts.
Amazon Kindle 1.0: the rationale
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This is around the time of launch of version 1.0 in 2007.
HP & IBM crack the top 50....
http://www.fastcompany.com/fast50_09
Mapping Network Connections
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Explore and Enjoy!! See what patterns and insights you glean....
Mobile World Congress in Barcelona
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On a more substantive note, I like this development that was announced in Barcelona... It's about time that this happened!!
The world’s top five mobile handset manufacturers are among a group of 17 major industry firms to have pledged their support for development of a mobile phone charger that will work with the majority of new handsets by 2012. The new ‘Universal Charging Solution’ (UCS) initiative, announced by the GSMA yesterday, aims to make life easier for consumers by providing a ‘one-size-fits-all’ charger. The GSMA claims it could potentially lead to 50 percent less chargers being manufactured each year. The new charger is also targeting a 50 percent reduction in standby energy consumption and claims to be three times more energy efficient than some current chargers. The UCS uses a Micro-USB as a common universal charging interface.
Nokia, Samsung, LG, Motorola and Sony Ericsson are involved in the project from launch, supported by mobile operators 3 Group, AT&T, KTF, mobilkom austria, Orange, Telecom Italia, Telefonica, Telenor, Telstra, T-Mobile and Vodafone. Mobile chip giant Qualcomm is also involved. Both 3 Group and Telefonica are aiming to have 75 percent of their handset portfolios UCS compliant by 2012, while Orange said it is looking at UCS accounting for two thirds of sales.
Facebook content owner's rights
iPhone app wackiness
Barcelona: Google vs Apple continues in cellphone space
http://www.cnn.com/2009/TECH/ptech/02/17/cellphone.google.android.vodafone/index.html?iref=nextin
At the end one user talks about swapping iPhone for this latest phone....warning for Apple?? What do you think....
One concern is about data usage by google. Sometimes it just scares me, google has tons of data about each one of us and on top of that if they now have our cell phone records/data as well then......well it can be very constructive (use BI on all google related accounts of a user to offer related and useful content thus improving user experience) or it can raise very serious privacy concerns....
Tuesday, February 17, 2009
Here come the data center wars: Cisco vs. HP vs. IBM vs. Dell
http://blogs.zdnet.com/BTL/?p=12943
YouTube Encroaching on iTunes
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Google is attempting to go against iTunes with this experimental initiative as it explores ways to monetize its YouTube capability and providing a connection through Google Checkout. Wonder what Steve Jobs may see to Eric Schmidt when they meet next?
Monday, February 16, 2009
Another brilliant advertising using Google
http://www.hulu.com/watch/44665/movie-trailers-2012
The last few seconds are especially interesting.
This advertisement takes Goolge from a 'product review aggregator' to 'the holder of truth' in a way.
Please check it out and let me know your comments.
Cisco Plans Big Push Into Server Market
Google's Experimentation: Not All Succeed
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Google recently pulled its plug on a few initiatives and the blogs are somewhat confused. As we discussed in class, the challenge of balancing innovation with implementation is non-trivial. Here is one blog that seems to imply that because of failures, Google is retreating to its core. I do not think that it is that easy to come to that conclusion. Google's innovation DNA is such that it should pulls the plug on initiatives that are not reaching intermediate benchmarks.
Learning from failures and adapting to the changed market conditions is hallmark of a good strategy rather than staying the course when conditions have changed. Companies often do a lot of analysis and vetting before starting projects or embarking on new initiatives. Many companies fail in stopping the project before it is too late.
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Balancing innovation and implementation is a delicate dance and this is what Google is doing with its decision to pull out of radio advertising.
Sunday, February 15, 2009
Demonstration of Cisco TelePresence
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What does this mean for global work? What process changes are required to make this a truly effective way to create and capture value?
Cisco and Apple Connection: iPhone App for WebEx
Here's one between Apple and Cisco. I wonder if anyone has used this application on their iPhone..
Saturday, February 14, 2009
Microsoft to open stores.
http://www.youtube.com/watch?v=EEW8ITpUvSs
http://news.cnet.com/8301-13860_3-10163206-56.html?part=rss&subj=news&tag=2547-1_3-0-5
http://online.wsj.com/video/analysis-microsoft-to-open-stores/98E7B593-B6E0-4B9C-9272-4531D9CA0E59.html
Friday, February 13, 2009
Google following Apple in allowing Apps
Google is now allowing application developers to sell Android applications via the Android Market. Google Checkout will serve as the payment and billing mechanism for Android Market.
Google is leveraging their Checkout function to handle the transactions. It will be interesting to see which platform becomes the favored one for app developers, and whether differences in choice of applications will allow Google to gain more market share in the mobile OS market.
iPhone vs. Kindle to save newspapers
An iTunes Moment? The Economist Feb 12
Think a Microsoft retail store is too bad an idea to be true? - Think again, coming to a city near you!
Wednesday, February 11, 2009
Apple Price Premium
Links to Steve Job's commencement speech and joint appearance of Steve Jobs and Bill Gates at All Things Digital 5
http://www.youtube.com/watch?v=D1R-jKKp3NA
Joint appearance:
http://www.youtube.com/watch?v=_5Z7eal4uXI&feature=related
This is part 1 but you can easily follow links for next parts on youtube. Really interesting conversation about various topics like future convergence, mobile devices, strengths of each of the companies etc.
Vijay
S-Curves, Limits, and the Singularity
These ideas have their roots in the concept of the Technological Singularity popularized by such researchers and futurists as Good, Vinge, and Kurzweil. Basically, these individuals viewed the three trends that we have examined in class as converging to produce an almost transcendant experience for humankind that would produce the environment where technology advances so much that we can produce machines more intelligence than ourselves (perhaps through the advancement of cloud processing) that would spark a rapid exponential "intelligence explosion" where the more intelligent machines allow for more intelligent machines to be created from them and so on and so on until the world ends up in some entertaining machine-ruled dystopia like the Terminator or the Matrix. In all seriousness, futurists like Kurzweil believe that this point will be more like other paradigm shifts in human history like the agricultural and industrial revolutions which will produce great economic opportunities for the most correctly positioned individuals and firms.
Tuesday, February 10, 2009
Google Power Meter
According to Google:
Google PowerMeter, now in prototype, will receive information from utility smart meters and energy management devices and provide anyone who signs up access to her home electricity consumption right on her iGoogle homepage. The graph below shows how someone could use this information to figure out how much energy is used by different household activites.--
The key idea is to form partnerships to roll out this initiative.
Why Google Wants In On Cell Phones
This article identifies the mobile internet as a threat to Google’s revenue. Why? Simply because far fewer ads fit on the screen of a mobile device than on a PC monitor. The article contends that Google is getting into cell phones because “web screens will soon be two inches wide, and Google wants a say in what fits on that tiny screen”. It also speculates about the implications of increasingly mobile web access on the free delivery of web content and services and the on the personalization trend in advertising.
Could Co-Opetition Explain the Success of US?
(This article can be found at: Industry Technology Alliances)
I started thinking if this could explain the growth of US and the dominance of US technology firms (like Microsoft, Google, IBM etc.) across the world since the early 1990's.
To draw some sort of inference I compared the GDP of US, Europe and Japan as a percentage of world GDP since 1980 (A graph showing the relative positions can be found at: Relative GDP's of US, Japan and Europe as a percentage of World GDP).
I found that the GDP of Japan as a percentage of world GDP has fallen since early 1990's. We observe the same trend for Europe. In Europe, the number of Alliances have steadily declined since mid-1980's and this coincides with decline in Europe's GDP as a percentage of world GDP. However, the US GDP as a percentage of world GDP has remained fairly constant. This coupled with the fact that the GDP of Asian countries was growing at a very fast pace suggests that US GDP also grew at a significant rate to maintain its share of world GDP at a constant percentage.
Could it be the US firms have been more successful as compared to Japanese and European firms (which has consequently led to higher growth in US GDP) due to their strategy of forming more alliances? Does this probably hint towards the fact that forming alliances helps the firms and consequently GDP grow?
Of course bereo drawing any inference there are many other things that we need to consider. First and foremost I think we should look at the GNP and not the GDP to see how the three regions performed relative to each other (this is because the GNP will account for income earned by US firms abroad and will also adjust for the earnings of foreign firms in US). Even a better measure would be to collect data regarding only technology firms in US, Europe and Japan as the alliance data is only for technology alliances. Lastly the alliance data should be refined to include only alliances between competitors for us to make any definitive conclusions regarding Co-Opetition.
In spite of the above mentioned points i felt that it was interesting to link the number of alliances to the growth of the economy (relative to the world economy). Maybe some researcher could take into account the factors mentioned above along with many other such considerations to show a definitive link between Co-Opetition and growth of an economy. This will truly help us understand the value of Co-Opetition not only for an individual firm, but for the economy as a whole. What do you guys think?
Regards,
Shrikant Dave
Monday, February 9, 2009
Microsoft Bolster Cellphone Strategy
More at http://online.wsj.com/article/SB123414080194361743.html
Google: Beyond the worlds info
http://scitech.blogs.cnn.com/2009/02/02/shouldnt-it-be-called-google-mars/
Co-Opetition
IT Products new focus for Indian companies
Link is provided below:
http://www.mis-asia.com/news/articles/india-targets-software-products-revenue-of-us$12-billion
Sunday, February 8, 2009
Just another way Google is "improving" search
Hal Varian on how the Web challenges managers
He discusses several topics related to technological changes including mobility, innovation, how work will be done, use the network as a platform, advertising model on Internet, risks involved on the computer dependence... Those topics certainly must be understood by the current and next generation of managers.
Do you think in the information era the next "sexy" job will be statisticians as he expects?
It's known that companies now have access to much more information, however more does not necessarily means meaningful accurate information to support decision making. Thus, I see a great opportunity for all those companies offering Business Intelligence products especially if those are integrated with the rest of the internal systems. I can't imagine few employees analyzing day to day information and then reporting it, I see meaningful information available in dashboards, portals, etc. to employees at all levels through robust applications.
You can find the article here:
http://www.mckinseyquarterly.com/Hal_Varian_on_how_the_Web_challenges_managers_2286
Enjoy it!
Chinese threat for Indian IT
http://infotech.indiatimes.com/Forums/How_big_is_China_threat_for_Indian_IT/articleshow/4075122.cms
Thrive
http://www.fastcompany.com/magazine/132/investing-world-gone-mad.html?#
1981 Experiment to Examine Online News
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Thursday, February 5, 2009
How long will Facebook last?
Says CNN:
"Yet questions still remain about the finances behind Facebook's remarkable expansion. The company has attracted more than $200 million in investment from venture capitalists while in 2006 it rejected a reputed $1 billion bid from Yahoo!
In 2007 Microsoft paid $250 million for a 1.6 percent share, a figure that gave Facebook a total projected value of some $15 billion.
But with the global financial crisis hitting Web advertising -- Facebook's core revenue stream -- those sort of figures now appear to belong to a bygone age.
"What Facebook isn't yet is a slam-dunk success," said Adam Lashinsky of Fortune magazine last month. "It is selling advertising, it is bringing in revenue but it's not wildly profitable even if it is profitable at all.
"There is no question that it has entered the zeitgeist but that doesn't mean that it has progressed beyond the stage of being cool or viral or exciting to being a mega-business success the way that Google, Microsoft or even its arch-competitor MySpace is." "
Wednesday, February 4, 2009
Round Healthcare in a Flat World
How to monetize Twitter: 11 Business Plans for Review
http://www.alleyinsider.com/2009/1/11-twitter-business-plans-for-your-review
I follow a ton of C-level executives who are incredibly active on Twitter (posting atleast 20-30 tweets a week). Going just by that, the idea of premium accounts, contextual ads and customization makes sense to me. However, I dont believe Twitter has really caught on with the masses, and wonder if that should be their immediate focus.
Yahoo! vs. Google: Next Move
http://www.forbes.com/2009/02/04/yahoo-internet-advertising-technology-internet_0204_yahoo.html
It seems like a good idea, but most likely will have little effect in slowing their downfall