Recently in Business aspects Category
Bo Gowan wrote a nice piece on yours truly, but the picture (vintage 1980) needs some explaining.
I'm thinking particularly of the device covering a good part of my desk. This was a VuCom 1 made by Control Data Corp. It was basically a CRT screen and a keyboard. It was a very heavy and very thin client connected by a 1200 bit/s async circuit to the cloud, actually a Nortel packet network.Continue Reading...
I'm behind in my podcasts, but here's an interesting one I just listened to including an interview with Geoffrey Moore, of Crossing the Chasm fame. It comes from OCRIRadio and is over a year old, but still insightful.
Some interesting quotes (my paraphrasing):
His top 3 venture capital opportunities:
#1: "Clean technologies.... Green is no longer a cause, it's a market".Continue Reading...
This is the title of an article by Tara Seals of Xchange, based on an interview she did with yours truly.
Thought you might be interested. If you're wondering about our partnership with Intel, this was in error in the article.
Let me share with you some sound bytes from the two CIOs and an IT Director, with whom I spoke.
"I now better understand Nortel's filing is a solution to a problem".
"Nortel is well positioned in these economic times with their investment protection story".
Striking an alliance with Microsoft was "Nortel's best move", and should really help us.
"I am interested in web.alive for e-learning environments", web.alive being a proof point of our continued focus on innovation
I came away understanding that these customers will be sticking with Nortel. Thank you.Continue Reading...
It's old news now. Last week, Nortel filed for creditor protection to undertake a business and financial restructuring. This process will put Nortel on sound financial footing once and for all, and represents the fastest and most effective means to do this.
Some people confuse what's going on (seeking creditor protection), with going out of business or liquidation as is happening, for example, with Circuit City.
Brian Riggs of Current Analysis does a good job distinguishing, between US Chapter 11 Bankruptcy (what Nortel is undertaking), and Chapter 7 Bankruptcy (what is happening to Circuit City).Continue Reading...
Sam Palmisano, IBM Chairman and CEO. recently spoke on the reality of global integration. While he didn't explicitly mention Hyperconnectivity, he did say that "we are all now connected--economically, technically and socially."
Hyperconnectivity not only brings together people, but also the physical and digital worlds. This transformation can help us manage assets better, whether these assets are energy, or fresh water, or a supply chain or the delivery of healthcare.Continue Reading...
"In the area of B2B virtual worlds ..., Nortel is the company to watch." So ends a report by Rich Tehrani. What excites Rich is a recent demo we gave him of Nortel's web.alive, a collaborative, browser-based virtual world application for enterprise use that provides an immersive, interactive and web integrated world with 3D voice and graphics.
There are 3 areas, all of which fit with the participation culture of new millennials, whether customers or employees:
1) e-Commerce: Significant reduction in abandoned shopping carts resulting in increased sales, and higher customer satisfaction, all through a seamless migration from a company's portal into a 3D virtual store front.Continue Reading...
Today's Wall Street Journal article on Nortel raised some eyebrows and a formal response that "no bankruptcy filing is imminent" and a reminder that there are other, more positive, views in the industry.
My personal reaction was a little bit like that of Mark Twain who it is reported to have responded to a gratuitous obituary, "The report of my demise has been seriously exaggerated".
Just under a month ago, I wrote up a blog posting on another headline- "Nortel-Aggressive Measures to Weather The Storm"- that likewise greeted my morning coffee.
You may be interested in my thoughts then and still now, in which I concluded that "I think Nortel is better prepared than it was even a few weeks ago to come out stronger in the end".Continue Reading...
I have got to agree with Forester on their perspective on IT in these economic times. They say "execs will clamour more and more for IT projects that reap real value". Absolutely- CIOs need to align their investments with the business needs... and develop metrics that illustrate progress towards this objective.Continue Reading...