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Tuesday, March 09, 2004

Trouble on Silicon Valley's doorstep Via News.com

Ray Lane, general partner at Kleiner Perkins Caufield & Byers, provides is perspective of the change in the IT market The us industry's technological progress is its vulnerability, we're in a period of renovation rather than innovation - An Indian company is a better renovator. They're going to be a real player in the renovation market, because their business model has the advantage in the renovation market. He adds that the United States will cease to become the productivity leader if we pass legislation banning offshoring. His prognosis- There will be another tectonic shift. The whole idea of information access, communication around the world, may be the next one. Revenue will start to grow again, and software will again be the biggest industry on Earth--until biotechnology overtakes it.
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Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld
"All views expressed are my personal views are not related in any way to my employer"