Thursday, June 14, 2007

ELUSIVE BIRDS…

Stealth is a technological wizardry which is defined as a clandestine way of stealing; the modern day definition however revolves around science of deflection and defines stealth as an undetectable cloak over an aircraft for combat purposes. The technology heavily relies on the concept of Radar Cross Section (RCS), where the signature of an aircraft is significantly reduced on radars depending on wavelengths. One shortcoming however has been the comparative lower speeds of stealth designed aircrafts. In order to reduce the heat signature, these aircrafts have to rely on engines without after burners, reducing the operating speeds and making the aircraft s vulnerable to faster enemy intruders.

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Wednesday, June 13, 2007

PAY AS YOU GO

Imagine a scenario where large organisations pay for the utilised computing horsepower, in a similar way as they pay for the utilised electricity. On demand computing or utility computing is the concept that allows the organisations to ‘pay as they use’ and hence get rid of long rows of back room servers, expensive soft ware upgrades and legions of IT staffers. Not only the concept allows organisations to save a lot of money that would have otherwise been spent for buying the networks & servers; it also improves IT efficiency and hence results in improved service levels.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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IIPM Publication :- Electronically Yours

Tuesday, June 12, 2007

CARS CAN FLY TOO

With timelines shrinking and distances getting large, there would not be much option left but to switch over to cars that would make you fly. Dr. Paul Moller has been working for more than 30 years on this, and now he has already started taking pre-orders for his M400. One of its kind, this flier, out of any sci-fi movie, is one of its kinds vertical take off and landing (VTOL) car. Another amazing fact about it is that it works on ethanol. This baby can go up to the speed of 375 miles per hour at 13,200 feet. So if you have the resources to spare, then get ready to zip zap and zoom!

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Monday, June 11, 2007

Choosing to chase a chimera?

Mulayam tries to forge a 'Third Front' to keep himself afloat in politics
Seems like Mulayam Singh Yadav is hardly disheartened by the opinion polls which are signalling his party's likely defeat in the ongoing UP elections. And it's because the erstwhile wrestler is day-dreaming of occupying the centrest age of Indian politics. Speaking to B&E, Yadav said, “Where is the Congress now? Only in Andhra Pradesh, Assam, Haryana, Himachal and partly in Maharashtra? We will dislodge them from the Centre.” Yadav, along with his ally Amar Singh, is making a concerted bid to forge the 'Third Front' for Parliament elections due in the Spring of 2009. And both have been lobbying for the past few months with Telugu Desam chief Chandra Babu Naidu, AIADMK President Jayalalitha, Indian NationalLok Dal supremo Om Prakash Chautala, Janata Dal (U) leader George Fernandes and Left Front leaders.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Thursday, June 07, 2007

THE FUTURE OF COMMUNICATION

Happiness is when you’re seated one metre apart in your office, and can still use your e-mail to communicate with your co-workers. But with the net moving on to a new protocol IPv6, the possibilities of higher load applications being accessible to users become magnanimously higher. From IPTV allowing on call television programmes to be downloaded on your computer, to mobile technology interfacing with the internet to such an extent that one day the use of a computer might be relegated to only supercomputing tasks as the cellular phone may completely takeover all the general functions of the computer. But as our experience has shown, all this is being quite hopeful, that is, if hopes can really work wonders. Sadly, it is only customer demand matched with business returns that will determine the progress of technology, rather than ruthless innovation.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Monday, June 04, 2007

'Home Town'

Deserving mention is PRIL’s latest initiative, which is a home improvement retail store spread across a generous area of 125,000 square feet and christened ‘HomeTown’, which, apart from selling home-making products, also offers additional services like financing. Then there is the Mukesh Ambani punch with his format of white goods retailing, ‘Reliance digital’, which was launched on April 24, 2007. Reliance is further planning to open up 150 such stores by 2011 and is injecting an incredible Rs.250 billion for the purpose.

So what’s different for the consumers here? Well, unlike stodgy, run-of-the-mill consumer durable stores, this modern format provides auxiliary and non-conventional support services like pre-sales support, elaborated product knowledge, et al. Hence, just as we might have heard it, this format of retailing only goes a step ahead in testing the attractiveness of value-added services and proving that the ‘customer indeed is king’! Affirms Ajay Baijal, President, Consumer Durable & IT, Reliance Retail Ltd., “Regular retail stores can’t offer after-sales services and this specific format of retailing will drive the growth of the consumer electronics market.” Such innovations in retail will also bring smiles to players in sectors like the Rs.300 billion Indian consumer durables industry and the Rs.450 billion FMCG industry.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Saturday, June 02, 2007

Men-at-arms!

Also, the combination of efficient front-end skills and a low cost back-end is proving invaluable. But amidst exceptional results, fears arise concerning the consistency of such brilliance from the IT bandwagon. Strengthening of the rupee–which has appreciated by over 5% since February 2007 – has become a major threat. Analysts at Taurus Mutual Fund comment, “This was possible because IT companies had made hedging arrangements for currency fluctuations.” Challenging this, Vineet Nayar, President, HCL Technologies remarks, “We do not have a rupee appreciation clause in the deals...” The slowdown in the US economy, has also forced IT majors to look at other markets concerning, which R. K. Gupta, MD, Taurus MF opined, “While Europe is growing at 14%, Australia & New Zealand grew at 16.3% on a CQGR basis, encouraging lesser dependency on the US.”

Nevertheless, the growth statistics indicate how Indian IT firms are successfully taking up each challenge head on. The roadmap now is clearly towards expanding in non-US destinations. Also critical will be timely acquisitions and tapping of other potential low cost destinations for off shoring, considering the crippling talent shortage as well as cost control. IT biggies like TCS, Wipro & Infosys have already taken the lead in this respect, by setting up operations in South America, Eastern Europe as well as Asia Pacific. With this single minded commitment to growth, Indian IT looks set to take all the short term impediments in their stride.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative