Just news on continuing growth in Internet:
Rising Internet Expansion to Float All Domains
2011/03/29
Social Networking hype
Have you hear the news? A german media consulting company has just published new and exciting numbers for SocialMedia in Business. The use of Facebook has raised to over 20 million. Only in Düsseldorf the registered 515k users. I agree the city is very rich, is a center for Japanese and Korean diaspora in Europe. All fine, but the city has 590k population, surely some may have double accounts, but it means that all adults do use Facebook. Not so sure.
Myself I use some of these social media mainly for experimental use. I have made well over 500 twitts, am following some 130 twitters and my own following gyrates at about 100 followers. My problem is: how do I converge my work (all those twitts) into useful business audience. Mind you I follow only reputable, professional sources I mostly know and trust. My followers are mainly companies or individuals moonlighting perhaps but still interest is to furthers it business goals.
In effect we all try to figure out how this can help us during those hard times to grow businesses.
The use of social networks in business is still very questionable. Speaking not only form my own experience. Gartner recently announced that over 70% of all business social media projects are to fail. Miserably. Based on hype goals are placed to high, bound to fail. Standard prescription. I have published the same in my blog: http://sfbaginski.wordpress.com/2011/01/09/gartner-is-predicting-up-to-70-of-social-media-projects-to-fail-in-2011/
Judging from my experience plus discussions with over 25 of my business executive partners, the jury is: wait until next interrupting technology would allow for easy convergence of limited format chats. Until there is a clear and secure way to converge networked contacts into interested parties, it is not going to work. Just being there is not enough.
There is another threat to this branch of industry and that is potential for another Dot.com bubble. With Facebook valued as a billion dollar company is bigger than the biggest bank in Switzerland whose capitalization is about 60% of Facebook's.
Read at http://pressetext.com/news/110225020 for the article on Web 2.0 Bubble potential. Myself I am skeptical about drawing parallels between 2001 and 2011. Certainly in 2000 there were altogether 250 million. user in total, now we have over 2 billion users. Spreading this risk over larger sample reduces the risk significantly. On the other hand we observe that economy in general still suffers, with structural deficiency within the system. In States there is deficit and in EU currency crisis, sovereign defaults in Greece, Ireland, Island, and now Portugal. Lat year out of 27 economies only Poland was holding itself in the black.
All in all, I see the possibility for growth, in some sectors rather steep one, but remain skeptic to exalted growth numbers geared purely to crank the economy, jump start it and such. If somethings is too good to be true, it probably is. Nothing new but I advise caution.
Myself I use some of these social media mainly for experimental use. I have made well over 500 twitts, am following some 130 twitters and my own following gyrates at about 100 followers. My problem is: how do I converge my work (all those twitts) into useful business audience. Mind you I follow only reputable, professional sources I mostly know and trust. My followers are mainly companies or individuals moonlighting perhaps but still interest is to furthers it business goals.
In effect we all try to figure out how this can help us during those hard times to grow businesses.
The use of social networks in business is still very questionable. Speaking not only form my own experience. Gartner recently announced that over 70% of all business social media projects are to fail. Miserably. Based on hype goals are placed to high, bound to fail. Standard prescription. I have published the same in my blog: http://sfbaginski.wordpress.com/2011/01/09/gartner-is-predicting-up-to-70-of-social-media-projects-to-fail-in-2011/
Judging from my experience plus discussions with over 25 of my business executive partners, the jury is: wait until next interrupting technology would allow for easy convergence of limited format chats. Until there is a clear and secure way to converge networked contacts into interested parties, it is not going to work. Just being there is not enough.
There is another threat to this branch of industry and that is potential for another Dot.com bubble. With Facebook valued as a billion dollar company is bigger than the biggest bank in Switzerland whose capitalization is about 60% of Facebook's.
Read at http://pressetext.com/news/110225020 for the article on Web 2.0 Bubble potential. Myself I am skeptical about drawing parallels between 2001 and 2011. Certainly in 2000 there were altogether 250 million. user in total, now we have over 2 billion users. Spreading this risk over larger sample reduces the risk significantly. On the other hand we observe that economy in general still suffers, with structural deficiency within the system. In States there is deficit and in EU currency crisis, sovereign defaults in Greece, Ireland, Island, and now Portugal. Lat year out of 27 economies only Poland was holding itself in the black.
All in all, I see the possibility for growth, in some sectors rather steep one, but remain skeptic to exalted growth numbers geared purely to crank the economy, jump start it and such. If somethings is too good to be true, it probably is. Nothing new but I advise caution.
2011/03/08
Embedded World 2011 edition
The newest event from Nürnberg is Embedded World (www.embeddedworld.de) and it is done, closed another biggest event in the world gathering embedded industry professionals and business people. It was a bit bigger than last year by about 30 exhibitors (some 5% growth over past year). This would confirm progress after the crisis, but crisis still lingers on the lips of many attendees. The main question was "are we over the worst this time around?" That was followed by "what trends do we see to appear on the horizon?"
Neither of them was really and honestly answered with definite yes! Maybe who was there, how big was the booth, and other indicators would lead us with correct valuation of the show. Interesting to observe was that Microsoft with its Embedded product range was located in hall 10 next to QNX a real time OS vendor from Canada, whose big booth full of apps from Partners have made respectful challenge to that of neighbouring MS.
Lots of friends I meat asked me about what did I notice to be novel, creative, outstanding. To be honest I did say, "no". The new pin connectors with flat pads, some VPX board from Kontron, new cPCI, every year Barbara Schmitz is introducing something elegant. Im my view this show was "business almost as usual", next year should be even better. There is a room from growth.
In the Embedded market new opportunities are booming. Those who have noticed, big changes in government, like Ireland, Egypt, even new lady President in Brazil, brought new civil servants, new layer with people distributing money from government kofers. This amounts for huge earthquake which destroyed "mafia structures" which for years sucked on big projects. For obvious reasons I shall refrain from naming them, mostly european and american conglomerates have to reconnect to new ruling elite. This may take some time to rebuild to former arrangements. Companies offering Open Systems, based on open standards have their chance to appeal and save governments some money.
Neither of them was really and honestly answered with definite yes! Maybe who was there, how big was the booth, and other indicators would lead us with correct valuation of the show. Interesting to observe was that Microsoft with its Embedded product range was located in hall 10 next to QNX a real time OS vendor from Canada, whose big booth full of apps from Partners have made respectful challenge to that of neighbouring MS.
Lots of friends I meat asked me about what did I notice to be novel, creative, outstanding. To be honest I did say, "no". The new pin connectors with flat pads, some VPX board from Kontron, new cPCI, every year Barbara Schmitz is introducing something elegant. Im my view this show was "business almost as usual", next year should be even better. There is a room from growth.
In the Embedded market new opportunities are booming. Those who have noticed, big changes in government, like Ireland, Egypt, even new lady President in Brazil, brought new civil servants, new layer with people distributing money from government kofers. This amounts for huge earthquake which destroyed "mafia structures" which for years sucked on big projects. For obvious reasons I shall refrain from naming them, mostly european and american conglomerates have to reconnect to new ruling elite. This may take some time to rebuild to former arrangements. Companies offering Open Systems, based on open standards have their chance to appeal and save governments some money.
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