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Showing posts with the label Innovation

25 Years of Teletext and the India Teletext Project

Photo Credit - Theo Priestly (https://www.linkedin.com/in/theopriestley/) A post in LinkedIn on 25 years of teletext reminded me of the implementation of the teletext project in India in the early 1990's .  My first introduction to teletext was in the United Kingdom in 1990 where I learnt the finer points of horse racing in the teletext feed, it was interesting information and available with a click on the TV remote. I returned to India in 1991 and was hired as a member of the OTCEI  (Over the Counter Exchange of India) team to build India's first national fully automated stock exchange  created on the lines of NASDAQ USA.  We successfully  launched the exchange but needed a solution for  price dissemination to smaller cities. The Satellite Antenna for teletext in Mumbai (LtoR) Sudesh Puthran, author, Late R. Ravimohan, Sandeep Bagalkar & Karthik Shah   There was only one vendor for equity price dissemination those days, it ...

Banking the Unbanked In India

India's biggest challenge has been to empower its citizens with financial inclusion by providing banking to its unbanked population to Banking. The government's initiative of opening 15 million accounts in one day sets the tone to make sure that every adult citizen has a bank account in India.  Critics say it cannot be done, but we know from history that carpet bombing is the best way to overcome a challenge. The Indians have set out to a economic transformation in their country, by empowering its unbanked citizens the menace of cash in the system can be overcome thus improving the GDP of India. It is estimated that the cash economy in India is bigger than the legal economy in India, the cash in this system is known as black money in India and has strong parallel network for banking in cash. If you use a credit or debit card with an Indian merchant he will charge you about 2% to 3% extra as the transaction fee for using the card, this encourages customers to pay in cas...

Shiva & Nandi and Cloud Computing & CIO

In Hindu mythology Shiva is the destroyer and Nandi the Bull is Shiva's mount and is the gate keeper to Shiva and his consort Parvathi. Every Shiva temple has a Nandi at its entrance which prevents direct view of the idol at the Sanctum of the temple. More on Wikpedia : http://en.wikipedia.org/wiki/Nandi_(bull) If the CIO is the Nandi then cloud computing is  Shiva the destroyer of traditional computing. Unless the Nandi moves the business cannot reap the benefits of the cloud and attain salvation. Hence it is important that the CIO transforms himself as the mount for the organization to benefit from cloud computing rather then being the gatekeeper who will not allow the business to adopt cloud computing. Is the CIO - Nandi ready for the transformation from a gatekeeper to the mount for the business to ride into cloud computing for agile and innovative computing ? The  monolithic  stone Nandi Lepakshi, Andhra Pradesh  (length 27 feet, he...

Cloud Computing Transformation in 2013

As we ring out 2012 which had its share of success and tribulation in cloud computing. We can ring in 2013 as the year Cloud Computing will  transform into an everyday utility like electricity. The Cloud will cease to be a novelty or a laboratory, it is for real and it has proved it can deliver reliably in 2012 despite the pessimists who  kept picking on every cloud disruption rather then seeing the totality of the benefits. 2013 will be the year when the cloud will be the utility that transform and drives the economy in a tough and recessionary year. There will be large cloud utilities formed by merger and acquisition of fragmented cloud server providers and we we will have companies like Microsoft, HP, Dell, IBM, Cisco, EMC  embracing the cloud for their survival and relevance in the technology landscape. More then 250 companies in the Fortune 500 can move to the cloud today based on their nature of their business and focus on gro...

Blackberry Outage strengthens the Bond between RIM and Business

Blackberry has become the standard for business mobility today be it a SOHO, SMB or Enterprise.There are many outstanding features that make Blackberry Business's favorite mobile device a few key features are: a. Innovation b. Reliability c. Security d. Business Applications e. Ease of Use. BB eats breathes and lives Business in its phones and also provides awesome compliance which has resulted in Bond based on TRUST between RIM & Business. This weeks BB outage would not have affected Business that had reliable Business Continuity Plans; rather  the BB disruption has been a good test of their business continuity planning and technology resilience in adversity. BB has gone beyond messaging, the BB devices today support some of the most intuitive business applications for quick deployment and acclimatization. Business leaders will return to their Blackberry Phones with a vengeance this weekend and those that deserted Bla...