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Tuesday, October 31, 2006
Sensible Perspective On Housing
With everyone talking about the housing crash and its likely effects, the scene in general tends to be less optimistic. This is a key topic that get discussed in the corriodors of my meet in Seoul today. (More interesting things got discussed inside the room – more on that later). James Surowiecki thinks that owning an house in the US is not such a bad proposition at all and suggests that this pricing movements will hurt people who were fooled into reckless speculation by assurances that investing in houses offered risk-free rewards. For most people, however, a decline in prices needn’t be so painful. If you’re planning to sell your home and buy another one, an over-all decline in housing prices leaves you no poorer than before. And, if you’re staying in your home, a drop in value can actually make things easier by lowering property taxes and insurance costs. Look at the bright side: at least you’ve got a roof over your head. The lesson we’re supposed to take from this is that a home remains as solid and safe an investment as ever despite developments like these.
Category :Housing |
Monday, October 30, 2006
Social Networks & Innovation Management
Am in Seoul today and an invited speaker at the Korean Innovation & Architectural conference in Seoul. This event hosted by The Korea Ministry of Information and Communication (MIC) in conjunction with all major IT bodies in Korea is the premier event of its kind in the region(That's what my friends and colleagues tell me). Seoul is glittering - I keep coming here almost every quarter and go back admiring the greatness of the Koreans in building all these in less than 3/4 decades. Bravo. Seoul is the most advanced city in the world -in using technology(may be competing with Tokyo on this), it is a marvel to see the way they have integrated technology to their daily lives. In Korea, the academic -industry linkage is very tightly woven and surprisingly, the respect the academics enjoy with the global Korean majors are very high. It has to be seen to be believed and in all major initiatives industry ensures that the acads take the lead and hence the constituition of the conference as it remains. Am hardly the guy to talk to academics(no disrespect meant), but am more comfortable with corporate settings where the pace and velocity are very different. The focus of my presentation is on the use of social networks, in particular for the research/advancements on the process of innovation.
Category :Social Networks,Travel |
Saugatuck On Adoption Of IT Utility Inside Enterprises
In less than four years, 60% of enteprises are expected to be engaged in various phases of IT virtualization. The IT Utility, the virtual reality of utility computing is making serious inroads into the mind share and in some cases the wallet share of the CIO's. By definition, the reach of this framework spans from servers, storage, client, networks with facilities for provisioning and dynamically allocating paths and resources that come into interplay.
Category :Reports,Virtualization, Emerging Technologies |
Saturday, October 28, 2006
Just landed in IBM Homepage. What a powerful message!! Read this wonderful series on how to organize one's digital life.
Friday, October 27, 2006
Mind Over Matter : Scott Adams hacks his brain to restore his speech
The fabled Dilbert creator Scott Adams lost the ability to speak several months ago owing to Spasmodic Dysphonia. The doctor’s viewpoint – it is likely that he would never regain the ability to speak. Adams now reports that owing to his belief and practice, he is able to speak again.( As the Wikipedia entry explains - spasmodic dysphonia was once thought to be psychogenic, that is, originating in the affected person's mind rather than from a physical cause. While psychogenic forms of spasmodic dysphonia exist, research has revealed increasing evidence that most cases of spasmodic dysphonia are in fact neurogenic or having to do with the nervous system (brain and nerves)).
Category :Mind |
Kanbay Gets Acquired By CapGemini
The rumour comes true – for sometime, it was doing the rounds that Kanbay may get acquired. Kanbay gets acquired by CapGemini. Apparently, EDS & IBM were also trying to acquire Kanbay. The valuation clearly shows that competition had been there in acquiring Kanbay. Kanbay has strengths in financial services consulting amongst other things. The move may help the revival of CG. They are said to be selling their shares to fund the acquisition. While reacting to the news of EDS-Mphasis coming together, I wrote earlier this year that more offshore companies with annual turnover less than 200 million may choose to sellout. The room for midsized firms looks limited. Am already hearing that few more mid sized offshore firms may choose to get acquired. Wait for more action.
Category :Offshoring,Consolidation |
Wednesday, October 25, 2006
The Control Of The Stack
In the backdrop of the oracle openworld agree, the stack discussions are beginning to be aired again. I agree with the point of view here – after all IT was promised that open source meant an end to vendor lock-in. That with open source, IT would never be subjected to a single point of failure again. That IT would have the freedom to implement the technologies of its choosing. With the advent of the monolithic open source stack, it would appear that we are heading back to the days of vendor lock-in, except this time it will come in an open source flavor. This begs the question of whether a monolithic open source stack is inherently more valuable than a proprietary one. After all, if customers are locked in to a single vendor, how are they better off than the bad old proprietary stack days?
Category :Enterprise IT |
Sunday, October 22, 2006
Secret Of Greatness : No Not Natural Talent Alone, But Determined Hardwork
Research now shows that the lack of natural talent is irrelevant to great success. The secret? Painful and demanding practice and hard work. Reviewing the book -Secrets Of Greatness, compiled by the Editors of Fortune, Geoffrey Colvin writes that, in virtually every field of endeavor, most people learn quickly at first, then more slowly and then stop developing completely. Yet a few do improve for years and even decades, and go on to greatness. For one thing, you do not possess a natural gift for a certain job, because targeted natural gifts don't exist. You are not a born CEO or investor or chess grandmaster. You will achieve greatness only through an enormous amount of hard work over many years. And not just any hard work, but work of a particular type that's demanding and painful. Lack of a natural gift is irrelevant - talent has little or nothing to do with greatness. You can make yourself into any number of things, and you can even make yourself great. Scientific experts are producing remarkably consistent findings across a wide array of fields. Understand that talent doesn't mean intelligence, motivation or personality traits
Category :Talent, Emerging Trends |
The Indian Mobile Growth & The Future Of Internet
In this impressive Knoweldge@wharton interview, Rajesh says that in India, “the future of the internet will be built around the mobile phone”.He points to low PC penetration and limited broadband as real shortcomings for the internet to grow the PC route. Roughly ¾ ths of the 40 million users of the Internet, access the web through cyber cafés. This limits the number of services( these are anyway quite limited for now) they can use because they are paying for every minute. In such circumstances you can't build your digital life around online services.
Category :India, Emerging Trends |
The Rise Of The Power Of India Corporates
I recently wrote about the discernible shift - where Asia Now chinese companies are on the prowl and India inc is stepping up overseas acquisition – the globalization effect is in full swing. Courtesy of Rajesh saw this note on Asia, which brings out the fact that in the the past five years America has accounted for only 13% of global real GDP growth, using purchasing-power parity (PPP) weights.The real driver of the world economy has been Asia, which has accounted for over half of the world's growth since 2001. Even in current dollar terms, rather than PPP, Asia's 21% contribution to the increase in world GDP exceeded America's 19%. But current dollar figures understate Asia's weight in the world, because in China and other poor countries things like housing and domestic services are much cheaper than in rich countries, so a dollar of spending buys a lot more.
Category :India, Emerging Trends |
Saturday, October 21, 2006
Tech Players - Earnings Growth
With almost all majors having announced the Q2/Q3 results,just did a comparitive assessment on earnings for the past five years. Threw out interesting chart.
Friday, October 20, 2006
George Gilder On Google Power
George Gilder writes a brilliant price about the power and reach of Google and the transformation it has brought along.Excerpts with edits"
Category:Emerging Trends |
Wednesday, October 18, 2006
Yahoo Under Magnifying Glass
Terry Semel in Yahoo Q3 analyst call: while we are very excited about a number of things happening at Yahoo!, I am not satisfied with our current financial performance and we intend to improve it. Yahoo is we are going to be laser-focused on these three core things:
Category :Yahoo, Emerging Trends |
Tuesday, October 17, 2006
The Magic Called Startups
Paul Graham finds that not trying hard enough could be the only reason why startups fail. Most startups fail because they don't make something people want, and the reason most don't is that they don't try hard enough. He lists amongst other things, traps that need to be avoided : The Single founder syndrome, choice of location, marginal niche, idea imitations, obstinacy, raising little money, spending too much, Poor investor management , Founder fights , Insincere and half hearted attempts. Poor programmers, wrong choice of platform, slowness in launching, early launch, no defined customer base etc.. In today's world as he sees it, success may flow from not ducking key principles like focus on custmer success. He adds,“The companies that win are the ones that put users first. Google, for example. They made search work, then worried about how to make money from it. And yet some startup founders still think it's irresponsible not to focus on the business model from the beginning. They're often encouraged in this by investors whose experience comes from less malleable industries.It is irresponsible not to think about business models. It's just ten times more irresponsible not to think about the product”
Category :Startup, Innovation |
Newspapers, Innovation & Future Prosperity
With Newspaper circulation continues decline, forcing tough decisions.The newspaper industry, already suffering from circulation problems . Around the world, newspapers face the prospect of an accelerated drop in circulation. The slide is fueling an urgent industry discussion about whether the trend can be halted in a digital age and is forcing newspaper executives to rethink their traditional strategies.
Category :Newspapers, Emerging Trends |
Monday, October 16, 2006
Asian Countries Lead The Patent Race
Courtesy of Paul Kedrosky saw the latest WIPO patent report. Each year, WIPO requests statistics from national patent offices, including the numbers of patents filed, granted and in force broken down by country of origin, date and a number of other criteria and this report is primarily compiled based on those collected data. The report provides analyses and highlights the significant trends in patenting activity. The WIPO Patent Report includes indicators to measure patenting intensity across countries. Three indicators are presented that weight patent filings by measures of country size and economic activity, namely population, GDP and research and development expenditure. The report finds amongst other things:
Category :Patents, Emerging Trends |
Saturday, October 14, 2006
SFDC : Soaring Ambitions
Salesforce.com threw open the usage of Apex, a new multi-tenant programming language and platform that enables customers, partners and developers to manipulate the company's code, triggers and stored procedures. When I first heard about this plan of SFDC, I liked the idea instantly.With this, the customers and partners get the opportunity to work on the programming language and platform to create their own custom components. These can be integrated/added to the salesforce’s AppExchange repository. Prior to this release of Apex, custom coding was mostly centered on an external platform, and integrate to salesforce.com through commonly used application programming interface (API) calls The journey ahead is a very long one – SFDC’s ambition of having million applications on its platform from the current status of less than 500 apps says it all. With this the focus now shifts to creating a community of developers/users who can create, customize and extend their applications using the new platform. Clearly, SFDC’s ambition goes beyond providing CRM solutions – almost being your infrastructure service hosting partner of choice. Look at it – the possibilities extend to hosting enterprise applications therein. SFDC has opened this at a time when all major players like Google/Amazon are looking at being a infrastructure player. The concerns that customers may have of using a proprietary language also need to be closely watched. SFDC positions the tool like SQL as a application service, an on-demand operating system and can potentially made huge advances in running applications as a service. All the big guys - from Microsoft to Google to Amazon are moving into the business of being an infrastructure utility. As I see it the 3P’s - Pricing, Promotion and Partnership strength would determine the success of the scheme in the short run. I have no doubt about the medium to long term impact - the scheme looks elegant in that the integration overheads potentially come down and the promise that upgrades shall take care of custom codes built in (if delivered ) make the offering attractive. In a way, this would also help allaying the concerns that on-demand solutions and legacy integration that routinely get talked about – we have the delivery on promise here. .
Category :SFDC, Emerging Technologies |
Friday, October 13, 2006
The Changing Nature & The Reinvented Measure
I recently wrote about the trends in outsourcing wherein amongst other things, I wrote about diminishing contract tenures. TPI finds that 2006 may be Challenged to Reach 2005’s TCV Level. With limited number of megadeal activities, the restructurings continue to influence the broader market. It points out that the average duration of a Broader Market contract has decreased 12 percent in the last five years. In ITO, it decreased 18 percent, while for Business Process Outsourcing (BPO) it dropped 5 percent. It finds that fewer multi-process contracts have been signed so far in 2006 than in each of the past three years - there have been seven, compared with 20 in all of 2004, and 11 in 2005. The shift is towards an increasing number of smaller, single-process contracts compared with larger, multi-process contracts. This trend which holds true for both BPO and ITO contracts, is characterized by an unprecedented percentage of contract restructurings, with even shorter average contract durations. India-based providers are beginning to sign business in infrastructure-related areas, with more than a quarter of TCV share in the pure applications development and maintenance (ADM) market, more than any single multinational service provider. In view of the changing nature of outsourcing contracts, TPI finds that the traditional perspective of total contract value doesn’t fully convey the underlying trends in terms of the annual flow of contracting and has begun to use a new metric of annualized contract value (though others were using this metric quite often), which it believes will provide the market with a much more insightful measure of the trends. The contours of outsourcing are slowly but clearly changing - one that calls for a fresh view from service providers to win faster and bigger, given that almost every plaeyr irrespective of histroy or geography seems to be making progress.
Category :Outsourcing, Emerging Trends |
Thursday, October 12, 2006
The Discernable Shift
Close to announcing India as the talent home and declaring several service offerings/research to be centered therein( one of the stated goals was to centralize work on one of its most strategic efforts-building SOA-based software systems that consultants can resell to customers in various industries out of India), IBM now announces that their chief procurement officer moves to China. With this, a corporatewide headquarters division moves outside the U.S.Afterall, the Pearl river delta is the supply chain of the tech world. IBM is said to be recasting its supplier base after selling its PC business to China's Lenovo and its hard-drive business to Japan's Hitachi. I like the fact that for the first time US multinationals like IBM's embarking on a transition from an American multinational to a global company, one that can run itself from wherever it makes the most business sense. This will pay rich dividends to all IBM stakeholders. Now chinese companies are on the prowl and India inc is stepping up overseas acquisition – the globalization effect is in full swing.
Category :Emerging Trends, Globalization |
Teqla – Fresh Breath Of Air
Jeff Nolan, fellow enterprise irregular, joins Teqlo . He explains that with Teqlo, development is treated as a data flow problem, not a programming flow problem. The core piece of technology innovation here is the routing methodology and not the semantic definition of components. He adds, that Teqlo takes web services that are wrapped up as components, called as Teqlets, and determines the optimal sequencing based on the data inputs/outputs of each component. Teqlos follow a data flow model of sequencing that is roughly analogous to the internet itself with each Teqlo having a starting state and a successful completion state, and the Teqlo infrastructure determines the appropriate path to link the services together by
Category : Emerging Technolgies |
Tuesday, October 10, 2006
For Budding Entrepreneurs
The Google YouTube deal is certain to rekindle lot more entrepreneurial activity and shall clearly park aside for a while questions like this. Aspiring entrepreneurs need to look at this excellent series compiled by Sramana Mitra. All the four interviews are quite insightful and are a must read for aspiring/budding entrepreneurs. I heard someone say earlier in the day that the next google or yahoo out of places like India would just be Google or Yahoo - perhaps pointing to limited ability to do breakthrough acts in the Indian environment - I tend to partially disagree with this view ,given the opportunity that exists to change the order of things. The investment thesis is quite relevant to indian context. It may be another thing to note that successful exits like YouTube can’t be prescriptively planned but without efforts for such planning, it is impossible to even get to be there.
Category :Entrepreneurism |
The Google -YouTube Deal
Am in the valley when things finally got sealed. So everybody is talking about this. One way or other –this is the most talked about thing . For supporters of the deal, this has to be seen in the context of Yahoo paying just under $3 billion to buy GeoCities, Lycos got scooped up for $12.5 billion, Excite got sold for just above $7billion. I am humbled given my strong views published earlier. People say in the party – valuations are done based on what the next generation wants and not yours – but my question is these need to get paid today!! There are thoughts that Youtube may face difficulties similar to what Napster faced in the past. Mark cuban is surprised as well. Focus now shifts towards who made how much.
Category :YouTube |
Monday, October 09, 2006
SaaS: Issues, Adoption & Future
I wrote a brief note for sandhill on the adoption of SaaS within enterprises. Software as a service (SaaS) is actually becoming a more widely talked about term in the technology circles, of late. Clearly, the interest in the SaaS model is growing, with a number of specialist areas like CRM, HCM, Billing vendors beginning to show early signs of succeeding due to their well defined focus of their offerings. It's becoming increasingly desirable in most cases and fashionable in some cases for enterprise vendors to look at/offer SaaS as a delivery option, at least in a limited way. This is not a wholesome shift - not as yet. Early adoption results indicate that the adoption of SaaS is clearly beginning to transcend targeted market segments - from SME's to large enterprises, SaaS adoption is clearly showing a rising curve. No doubt established enterprises are definitely worried about the ideas like multitenancy and business users bypassing the mighty IT department to get things done. The active roles played by storage vendors and hardware sellers to CIO's are helping the fight of the CIO in efforts towards bringing the software in-house. The biggest risk that can hurt these advances could arise from a mismatch between the hype, adoption and actual benefits. To be fair, it is still not a settled issue whether the TCO calculations of SaaS are better than on-premise applications. Even in the case of simple(as in less complex) applications deployed across the enterprise and accessed by multiple users, cost benefit comparisons between the models are still a matter of debate and inference. There's also a lingering feeling amongst business users that buying cheap may not be necessarily the best option - particularly in a fact changing technology arena. A clear trend on cost benefits when using the SaaS model is yet to emerge. As a result, the usage driven subscription cost of SaaS applications can tilt the tables and hence the cost advantage scenario looks somewhat blurred. Read more here.
Innovation As Door Opener
As I land in the Valley to attend Sandhill's Enterprise 2006 meet, so many people in so many forms were repeatedly asking about the growth prospects of the consulting and outsourcing industry. Many observers in different contexts try and compare traditional service players with offshore headquartered majors and come to various conclusions - I see a huge swing in judgement depending on whom I get to hear.Developments like this stroke such discussions. generally try anfI enjoyed reading this brief interview with Cap Gemini's Salil Parekh. It is quite interesting to hear him say that outsourcing in North America is currently larger then it needs to be in terms of the percentage of the pie. As he sees it, for his firm, outsourcing shall give more dollars in absolute value and he expects that consulting will clearly grow in terms of the percentage of the pie. There will also be growth in the technology services piece, but overall it would be lesser than what would be seen in consulting. The growth in consulting will be much larger in percentage terms and he is banking on CG's ability to execute around innovation and these growth platforms. Itis well known that CG had been focussing on building offshore tail to their operations and there bullishness about their griwth -notwithstanding the need to hive off an interesting practice in the recent past, points to more interesting times ahead. I agree with his logic that innovation would be the door opened and offshoring shall help CG in enabling transformation centric engagements. Good to see CG coming back quite well. This proves the often heard hypothesis that the growth shall be coming from different models for different firms.
Category :Innovation |
Saturday, October 07, 2006
Is The VC Model Broken?
The traditional venture model seems to us to be broken, says,Steve Dow, a general partner at Sevin Rosen Funds, a frim which has in the past helped the rise of several good brands in the tech industry. The high-risk, high-return venture capital business may have turned into all risk and no return. The message here is that it could not continue to take their money — at least not for the time being. A terribly weak exit environment, referring to the dearth of initial public offerings and to a market for acquisitions at valuations that it considers too low to deliver the kind of returns that venture investors expect are amongst the factors for blame. While the likes of YouTube and Facebook are said to be entertaining acquisition offers in the $1 billion neighborhood, that pronouncement may seem surprising. But Mr. Dow said those “megadeals” were rare and were not enough to sustain an entire industry.
Category :Venture Capital |
Zune, Wibree & Mobile Ecosystem
Courtesy of Rajesh saw this latest from Nokia : Wibree technology. As Nokia positions it,Wibree technology is to be seen as an open industry initiative extending local connectivity to small devices. This new radio technology developed by Nokia Research Center complements other local connectivity technologies, consuming only a fraction of the power compared to other such radio technologies, enabling smaller and less costly implementations and being easy to integrate with Bluetooth solutions. Wibree offers connectivity between mobile devices or Personal Computers, and small, button cell battery power devices such as watches, wireless keyboards, toys and sports sensors. Wibree technology complements close range communication with Bluetooth like performance within 0-10 m range and data rate of 1 Mbps. Look at this : by extending the role mobile devices can play in consumers' lives, this technology increases the growth potential in these market segments. Wibree is optimized for applications requiring extremely low power consumption, small size and low cost. Wibree is implemented either as stand-alone chip or as Bluetooth-Wibree dual-mode chip. The small devices like watches and sports sensors will be based on stand-alone chip whereas Bluetooth devices will take benefit of the dual-mode solution, extending Bluetooth device connectivity to new range of smallest devices. Potentially mobiles can now be fitted with lot more additional functionalities, in the process helping the mobile ecosystem extend its reach.Now this is an important development – Microsoft’s Zune is expected to be rolled out shortly. With a 30 GB hard drive, built-in FM tuner with Radio Data System, 3.0-inch screen, and 802.11 wireless networking, the expectations about Zune are high. The initial player will come in three colors—black, brown and white with pre-loaded music and videos. The Zune will be able to connect to the Xbox 360, which will allow the user to stream music, videos, and pictures via USB. It is unknown whether the Zune can connect to an Xbox 360 via WiFi, however, the same currency used on Xbox Live, Microsoft Points, will be used to buy music via the Zune Marketplace . The much talked about WiFi sharing feature will allow artists to sell their content direct to consumers after sharing the song or video clip under preview for a limited time.The concern on Zune is the limited battery life and the reach of the radio waves. Zune is also expected to have phone features built inside eventually besides larger screen space. It is now an intersting game with Apple, Microsoft and Nokia with this technology trying to open up a myriad of possibilities - the mobile personal entertainment space is in for very interesting things.
Category :Emerging Trends, Emerging Technologies |
Thursday, October 05, 2006
The Tumultous Enterprise Landscape
Jeff Nolan, fellow enterprise irregular, who recently quit SAP to start a new venture has written a very insightful piece. Am summarizing some of his points with my brief observations and adding up my thoughts at the end.
Google & Imaginary Valuations For Future
Rich Karlgaard thinks that CarisCo's Stahlman makes a plausible case, when he expects Google share to be valued at $2000/share. Outside of selling ads, by repositioning Google as an "open services development platform," which Stahlman believes is the future of enterprise computing. Google, by its configuration of hundreds of thousands of commodity servers into a massive, parallel, virtual supercomputer used for search, has worked out, by intent or accident, the enterprise computer platform of the future.
Category :Google, Hype |
Mr.Kagermann thinks that with SAP’s new architecture, it would be possible to have different deployment options for having software "on-premise," like today, but also in a hosted, on-demand mode. Having seen that differentiation in business between companies can't be achieved with today's architectures without considerable investment and sometimes modification to applications He views that there is a difference that SAP brings to traditional on-demand models. The traditional approach to "software as a service" is an ASP [application service provider] "hosted" model. So it's one size fits all.(Am not sure of how this can be fully right!!) He would make us think the virtue of SAP is in its ability to share the program and separate the data of the company to aid on security and protection. Most of the times - companies don't want to share [their data]. The cost of this approach is only slightly( This needs better quantification!) higher than in the software-as-a-service model, but it is much lower than having it on-premise.Its easy to switch whenever a company feels that it doesn't want to own the data, His questioning is correct : Why are companies buying assets and not leasing them all the time? The same thing happens with software. He also sees SAP having partners to innovate around our technology and he thinks that there needs to be full clarity about what partners can expect. He sees that a majority of partners will have a very loose relationship and a few will have very strategic ones. Kagermann has always had a different vision about the SaaS world.
Category :SAP, Emerging Trends |
Wednesday, October 04, 2006
Google Look Ahead View
Eric Schmidt in an interesting interview talks about Google’s planning strategy and the way innovation is fostered. He believes that one way to foster innovation is by asking questions.
On Planning Strategy : We say we run the company chaotically. We run it at the edge. But the truth is the company is pretty thoroughly planned financially. We have a three-year financial plan that we're submitting to the board. We have data center plans for 2007, 2008 and 2009. We modeled our financials, cash flow. And it's possible for us to predict reasonably accurate cases there. We have a one-year strategic plan, so we have a plan for 2007, about what we want to be next year. What are the markets we want to enter.
This is one step better that the structured chaos as it was reported sometime back. No doubt, around the world there’s a good feeling about Google and its talk about entrepreneurial, innovative streak. Solid delivery may matter a lot more- Look at amazon. It is delivering much better on the technology front and its vision is indeed amazing. Yet it may be seen as a laggard by investors. Google's incremental rollouts are just that - incremental only. For examle, the relaunched google reader in my opinion still lags behind Bloglines. Its recent partnership with the likes of eBay, Myspace, MTV all these make sense. At the end of it he would imagine that Yahoo & Microsoft to be the principal competitors. Would innovation happen just by asking questions –its another matter that principal competitors look to score poorly on this front as well. Still the questions of where Google is headed and what it could be doing five years from now need more communication.
Category :Google, Innovation |
Jonathan : Blogs As A Vehicle For Fair Disclosure
Came across this interesting campaign by Sun’s Jonathan Schwartz. Jonathan publishes the letter that he had recently sent to SEC asking that the commission “requesting a clarification of Regulation FD aimed at listed companies sharing information equitably. He observes that FD doesn't recognize the internet, or a blog, as the exclusive vehicle through which the public can be fairly informed. FD regulation compliance means corporates need to rely on hold what he calls as an anachronistic telephonic conference call, or issue a press release. He argues, none of those routes are as accessible to the general public as a this blog, or Sun's web site. After the blogs don't require a subscription, or even registration, and are available to anyone, across the globe, with an internet connection and all these can happen simultaneously. The post contains therein the letter sent to SEC as well.
As adopted, Regulation Fair Disclosure's requirement of widespread dissemination can be met through the filing of a Form 8-K or "through another method (or combination of methods) of disclosure that is reasonably designed to provide broad, non-exclusionary distribution of the information to the public." (17 C.F.R Sec. 243.101(e)(2)) To date, the SEC has not taken the position that the Regulation's "widespread dissemination" requirement can be satisfied through disclosure through the web-postings alone. While that may have been a pragmatic approach in 2000, we believe that the proliferation of the Internet supports a new policy that online communications fully satisfy Regulation FD’s broad distribution requirement.
Right call at the right time - but in the age where scandals of backdating stockoptions abound - one will have to really thinkthrough te idea.Also it is a great experience for stakeholders to get an opportunity to grill the guys running corporations. I think that experience should be never allowed to go passe. The blogosphere need to gain more respect amongst the corporate community and Jonthan is a prime example of CEO's blogging. I do agree with Jonathan that over a perios of time, the blog mechanism should be begin to be viewed as ONE of the media for disseminating corporate developments that need to be distributed fairly.
Category :Blogs |
Tuesday, October 03, 2006
Some readers have written to me asking why there had been no updates in the past few days. Well- blame it on my hectic inter contintal travel. Am in australia and am flying into singapore wednesday night. Shall update regularly upon my arrival in Singapore. The look ahead schedule is also tight but amresolved to update this blog as often as possible - There's so much to blog about.|
Monday, October 02, 2006
New Models For Taking Technology To The Masses
I always believe that solutions in the emerging markets would evolve based on different paradigms as against what the western corporate board rooms may propose to be – Like the case of telecom story in India. The belief here is that a combination of policy initiatives and innovation on technological and business models. In the past, efforts to bring computers to the poor often failed because they were based on Western ideas of how technologies ought to be used or paid for. Governments and foundations doled out money, only to see it poorly spent or pocketed by middlemen. And when market-oriented approaches were tried, they often presumed that PCs were things individuals owned and paid for upfront. By borrowing ideas from mobile phones and taking greater account of local conditions, some new schemes show promise of a better chance of making computing accessible. The Economist points to a few alternative noteworthy developments therein:
Category :Emerging Trends, Emerging Markets |
Sunday, October 01, 2006
Adding Billing To Web Service Functionalities
We recently covered the various new rollouts of services from Amazon. As expected, this is part of a larger scheme of things. Amazon is now bringing its invisible back-end operations front and center. Amazon has now begun to rent out parts of its IT infrastructure as Web services. Typical customers are like social-networking startups or media-sharing arenas. They can use Amazon's S3 database service to store their users' photos and videos, rather than buying their own servers. In another service, the Elastic Compute Cloud, or EC2, business customers can offload computing-intensive tasks to temporary "virtual servers" at Amazon's data centers. Latest in the list : two additional services, Webstore by Amazon and Amazon Fulfillment, that allow outside companies to build their own commerce sites around Amazon's software, then ship products using Amazon's own warehousing and shipping network. Bezos brings out that at times Amazon was using less than 10 percent of capacity. He highlights that thought more than underutilization, these are actually tools for and more developers to lower the "cost of coordination" as the web-scale applications are hard to run reliably at a small scale, and it doesn't get easier as the scale increases. Read this interesting podcast of Bezos himself.
Category :Amazon, Emerging Trends |
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