Today I came across an articles on the web which really inspired me to write this article.
The Next web conference Key note by Phil Libin http://www.youtube.com/watch?feature=player_embedded&v=_-8xAUx5Y6s
While I was watching the Video Keynote at The Next web . I was thinking how is it related to the quote which I posted on my twitter two days back.
Here is the quote by – Former President Harry S Truman
“It is amazing what you can accomplish if you don’t care who gets the credit”
When You are entrepreneur you carry more responsibility than any one in the organisation for outside world it looks like you are the boss or (CEO), You can work at your flexible time and You dont have to explain/report to any one.
But the truth is different I totally agree with what Evernote CEO said in today’s conference at The Next web.
As an entrepreneur you are reporting to all employees and stake holders of the company including clients,vendors and so on.
As an entrepreneur yes you can work at your flexible time but any 18 to 20 hours of the day you choose.
If you have to make money or work at your flexible time or you are bored don’t start an enterprise.
If you feel there is void some where that can be filled by your service or product then go ahead and start an enterprise.
in my view Entrepreneurship is some thing, one starts with a vision to fill the void with a service or product.
If some one is starting an entreprise with doubts and questions how they are going to survive .What they have to face while running the business
then they can never start a business . If one thinks about the need of the service or product strongly then his gut feeling says he can do it ,then he should go ahead and start.
As my writing starts is Entrepreneurship a cool job in my view it is not a cool job at all , Entrepreneurship is a most difficult job I know which comes with lot of responsibilities. But this job will be chosen by high aspirational people to achieve some thing by sacrificing lot of things.
As this quote say “It is not what we take up, but what we give up , that makes us what we are” in my view Entrepreneurs give up the time ,money , effort
to build a successful enterprise . Successful Entrepreneurs will work with only one thing in the mind that is building a great Enterprise every thing else will fall in right place.
A successful enterprise creates an echo system with employees ,clients and vendors who will depend on this enterprise . This will happen only because the sacrifices which entrepreneur made towards pursuing the dream of his own. I totally agree every thing else also will play a part in building a company like Team,Money,Strategy and leadership and so on. But in my view entrepreneur is the one who took the first step to create all this
If some one is thinking to start business they should choose between the comfort of paycheck vs pursuing their vision of entrepreneurship.
If he is ready to sacrifice almost every thing to build a great enterprise that person will not leave a stone unturned to make that enterprise a Successful one.
I enabled post by email when I first created blog. There was a secret email address which was generated by wordpress . I never used that email really except once for testing in fact I posted a test blog “Testing from Email” around Feb 27th 2010. That email address was exposed some how some where. If you send to that email it will directly post in the blog. At last after 50 minutes I can relax saying my account was not compromised .
The lesson learned dont enable email posting into your own blog. If you do just make sure it is not exposed any where.
Just now I removed Email Posting Feature from my blog lets see if those guys come back …?
This last 50 minutes reminded my olden days when I was working as Production DBA going through production issues…
I just observed that there is a blog post on my own blog . I just changed my password. and trying to research how that spam kind of post came into my own blog. I will post update as soon as I know some thing. I have deleted that spam post from the blog,Twitter and Linkedin Profile.
I am really sorry to all who visited that link or read that twitter message it was not intentional.
Sorry I did not write blog since long time. but today I found some thing very interesting and promising business I thought of sharing that with you. Check this website http://www.getaround.com this is almost similar to zipcar.com with a differentiator where Zipcar owns all cars . Zipcar currently had 8000 cars around united states with almost billion dollar market cap. This get around service started few weeks back already has 1600+ cars registered and getting ready to rent. I am impressed with the idea.
I am sure this business will be soon a hit.
I feel future DBAs will be more responsible in showing immediate result than long-term plans, so they have to be more pro-active in reducing the billing from Cloud Service provider by reducing usage of CPU cycles and Data Storage.
A Normal DBA today is responsible to make sure of the following:
1) Database is up and running 24/7
2) Backups and Disaster Recovery sites are sync
3) Database Security
4) Performance of Database
5) Capacity Planning
6) Backup Strategy
7) Pro-Active Monitoring, Etc……
We wonder what would be DBA tasks in the future when the Cloud Computing Era starts.
Other than the above, there are some responsibilities which will be taken care of Cloud Provider, but the actual DBA task would be more in terms of reducing Service provider’s bill by using Technologies and techniques like – Reducing CPU cycles to Run a query and Reducing data storage costs. That will be more interesting for a DBA to prove cloud service provider’s bill was reduced by 10% after tuning the database.
I am really looking forward to how this computing era will change at the end of the day. Do you think we only have couple of big heads who will provide cloud and all businesses will depend on them? Or these providers will increase like hosting service providers?
I still feel that Cloud computing will surely change rules of the game in outsourcing . Lets look one step at a time.
If one application needed develop for a corporation in this example I would take launching Order Processing, Distribution and Customer service ERP application for a Manufacturing company .which takes following infrastructure and Man hours of developing ,testing and making production.
I am talking about
As Google and Amazon.com become preeminent sellers of tech services, companies from Accenture to Microsoft and Xerox must adapt to cloud computing
In the next five years outsourcing as we know it will disappear. The legion of Indian service providers will be sidelined or absorbed. U.S. and European companies that pioneered this corner of the high tech industry will suffer similar fates if they don’t wake up. Who will emerge as the new leaders? Google (GOOG) and Amazon.com (AMZN), brands that we associate with search and retail, will become better known for outsourcing.
Ludicrous? Not if you follow this industry. Desktop computers yielded to laptops. Web portals AOL (AOL), MSN (MSFT), and Yahoo! (YHOO) are giving way to social media sites Facebook, Twitter, and LinkedIn. Software once distributed by disk is now available as apps over the Web—often for less than the cost of a slice of pizza. And so it goes. The same Darwinian process is creating a fresh ecosystem in outsourcing, one that will usher in an era of consolidation and a new way of working with clients.
Traditionally, outsourcing companies sell customers deals that can span a decade and easily run to tens of millions of dollars. The service provider takes on the expensive, time-consuming task of building and operating the digital tools that the customer requires to vanquish the competition, often involving development of custom software to get the job done. To do that, service providers need aisles of powerful computers, armies of programmers, and lots of applications, which are housed either at the client’s site or located at a third-party data center that’s usually owned and paid for by the client but managed and maintained by the outsourcer. Accenture (ACN) is a good example of the old model of outsourcing, which involves long-term contracts; customized software, legacy software, or both; and on-site systems integration work.
RUTHLESSLY SEEKING ECONOMIES OF SCALE
In the new model, outsourcers provide standard, off-the-shelf software on a “pay-per-drink” basis. For that, they will leverage so-called cloud technology, which lets users tap into computing power available via the Internet, rather than on a desktop or computer server housed locally. The appeal is scale, flexibility, and efficiency: Thousands of server computers can attack a task more quickly—and cheaply—or handle a patchwork quilt of different technologies that companies use to run their businesses. This approach will let businesses outsource entire tasks such as the tracking of inventory, paying only for the information accessed or used.
Why is this happening now? Let’s start with the relentless pressure to cut costs. Outsourcing is about saving money. Sure the pitch usually revolves around improving business processes, but no client is going to pay more for the service than what it already costs to maintain their systems. Unfortunately, outsourcing vendors have maxed-out efficiencies, both from automation and from moving the work to lower cost-of-labor destinations, also known as “labor arbitrage.” To get to the next level of savings, a ruthless search for greater economies of scale is necessary.
That’s where the cloud comes in. It shifts the center of gravity in outsourcing from physical ownership of assets and process expertise. It focuses on the skills necessary to efficiently manage computing operations that can scale and at the same time are flexible enough to handle scores of different tasks.
These factors will set off a wave of global consolidation in tech services. There are too many companies in this space. Consolidation will be about protecting or building market share or adding technical skills, from connectivity and networking to deep expertise in the delivery of services-on-demand. This is why most Indian outsourcing companies are investing to get up to speed on the cloud. How quickly can they build sufficient scale?
It’s not merely Indian companies wrestling with these changes. Let’s handicap the winners and losers in the race to become players in the evolving outsourcing business.
The Losers: Mid-tier Indian outsourcers will be acquired by larger, more aggressive companies. Indian outsourcers are attractive because of their current client list, operations in low-cost countries, and process expertise. Most of them are too small to build enough scale and expertise in the backbone capabilities required in the cloud.
Leading Indian players like MphasiS (MPHL:IN) and eServe (ESV:AU) have already fallen prey to Hewlett-Packard (HPQ) and TCS, respectively. Some larger players such as Infosys (INFY) and Wipro (WIT) are at risk of losing their competitive advantage. Even the largest Indian companies are still several orders of magnitude smaller than their U.S. competitors—HP, Xerox (XRX) Microsoft, and Google. These include companies such as Patni (PTI), L&T Infotech, and Satyam (recently acquired by Tech Mahindra. Therefore we expect Indian vendors to try to gain scale via acquisitions or alliances among themselves.
The Winners: Amazon and Google are the future leaders in outsourcing. They are already providing services to such enterprises as Eli Lilly (LLY) and Pfizer (PFE). They own data centers on an enormous scale and know how to operate them efficiently. They will gain capabilities they don’t yet have—such as industry-specific know-how and low-cost workforces—by acquiring Indian or other global outsourcers. Meanwhile, Google announced a partnership with Computer Sciences (CSC) and Amazon announced a similar one with Capgemini. Indeed, Amazon has made so much headway in cloud technology that this area of their business will generate, according to an estimate recently published by UBS (UBS), something in the order of $750 million in 2011.
Then there’s the generational issue to consider. Amazon and Google are household brands for the generation of managers and leaders that is now rising in U.S. management ranks. In their youth, these leaders entrusted personal e-mails, music files, pictures, and social interactions to these companies. We believe it will be a logical extension for this generation to hire these companies as trusted managers and hosts of their corporate services.
The Possible Winners: Software giants such as Microsoft, Oracle (ORCL), and SAP (SAP) have knowledge around enterprise platforms and applications that can unlock further efficiencies for clients. They also have robust and captive client portfolios. Their success will depend on the speed at which they build up capabilities they are currently missing in connectivity, infrastructure, and experience in the cloud itself. It will also depend on their appetite for risk. We are talking here about nothing less than reengineering their DNA. For example, even Microsoft has begun to forsake its license-based software to introduce new, cloud-based, office software. At the same time, Salesforce.com (CRM) has aggressively grown by shifting its CRM applications around this cloud-based model.
Those on the Fence: Xerox, HP, and Accenture have the technical and financial resources to expand their capabilities. Recent acquisitions—HP/EDS, Dell/Perot Systems (DELL), and Xerox/Affiliated Computer Services—show that they see the writing on the wall. Nevertheless, it’s uncertain that these behemoths will shift seamlessly from large integration projects to cloud-based solutions. Unless companies such as HP, Xerox, and Dell continue to increase their momentum into the cloud, they may find their multibillion-dollar acquisitions go to waste.
The outsourcing market is on the verge of experiencing its most massive transformation since the concept arose more than 20 years ago. For outsourcers, cloud computing creates an unprecedented opportunity to reshape how services get delivered. For clients, it opens up a new era characterized by the arrival of new players that are eager to build relationships and showcase their capabilities. That means more choice and a new model that will sustain the price advantage that outsourcing has hitherto provided.
I came to know about Blue Oceon Stratogy through my class mates at Harvard. I was thinking to read this book for a long time but did not take time to read. During this long weekend, I thought of spending some time to complete this book, As I am writing this blog I am half way through the book.
Honestly the way this book brings out new waves of thought. These new thoughts will help any one creating compelling strategy for their business. One can learn how to position their business uniquely.
This book can help creating differentiators and use innovative methods to separate your their business from Red Oceans.
This book is useful to any Industry and its worth reading. No wonder why this book is the best seller world wide. If you a get a chance to read. Save this book, to your reading list.
check out their website http://www.blueoceanstrategy.com/
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