President Obama has signed the Bill ending Government shutdown (lasting 16 days) and raised the debt ceiling after the senate (by 81 – 18) and the House (by 285 – 144) passed it. The deal will finance the Government till January 15, 2014; and raise the debt limit through February 7, 2014.
October 16, 2013 was yet another day; another Crisis averted at the 11th hour. Reason for people to get spirited. Deal ensures back pay to furloughed employees. Bill also quadruples funding for Ohio River Dam project, a boon of sorts. Can we see another all time high for S&P 500? Quite possible !
It also appears that any reprieve will be short-lived. Risks do remain still. It possibly creates another uncertainty as to what will happen next time in January 2014. Another deadlock ? Read this ! “Senate and House negotiators need to reach an accord by December 13, 2013 on a long-term blueprint for Tax and Spending policies over the next Decade.” If a broad Budget Accord can’t be reached by then, Government will have to shut down again on January 15, 2014. Scary ?
What is it that made this compromise come to fruition ? Obama’s conviction; inexorability; tenacity; persuasiveness; and LEADERSHIP stood FIRM against the Republicans’ irrational odium of Obama and paranoid fears of his Health Care Act finally. The only twin concessions that the Republicans could extract in the end were : (a) minor tightening of the ‘income verifications’ for people obtaining subsidized insurance under Health Care Law; and (b) Budget cuts extracted in the 2011 fiscal slowdown were not reversed. Not a sign of victory at all, this, for Republicans anyway.
“Impact” : Stability of U.S.A. is not threatened but the manner in which the lawmakers squabbled, tied impracticable conditions to reopen the Government and the tenor of their arguments against the common weal, not just alienated them from the general public BUT had the great Nation’s relevance in the world shrinking. Peter G Peterson Foundation says that costs of fiscal uncertainty since late 2009 has increased the borrowing costs by 0.38% ; lowered economic growth by 0.3%; costing at least $150 billion in output. Unemployment rate is higher by 0.6% i.e. 9,00,000 jobs lost. Economists say that 4th Qr growth is 0.3% less or $12 billion less. S&P says that economy trimmed by 0.6% off inflation-adjusted GDP i.e. $24 billion. Growth will now be sub par, it adds.
America got debt to zero only once in 1835. Soon after there was a depression. There were at least 6 occasions when they had surplus for 3 years and reduced debt significantly, and on each of those occasions there was Depression soon after. Sovereign default hasn’t happened in the last 234 years and it did not happen this time too. The scenarios that possibly may unfold can be expressed as below:
1. The ripple effect of the present event will be felt around the Globe, India not an exception.
2. Already beleaguered emerging markets will be more cautious this time leading to poor investment.
3. There will be a decrease in Consumer Confidence since the uncertainty still lurks.
4. What is the Quantitative mechanism of Transmission between U.S. Economy and Global Economy, other than the general Perception that the U.S. economy impacts the global economy ? An expert analyst I respect and keenly follow raised revealingly. I strongly believe that it is the SOCIAL PERCEPTION of the investors, not least the individuals, that ultimately influences the markets in Different Regions and Different Countries. “WHAT RISES WILL HAVE TO ALSO FALL” – the expert averred. That being said, for the moment and for the next SIX months it will be more the “Local” factors and the “Local” sentiments that will guide the path our (Indian) economy will take with the policymakers implicitly becoming imitative to the powers that be in spelling out their moves.
October 16 is also “Person X Day”. Who do we commemorate and Honor ? Thomas Jefferson (3rd President) who urged all nations (democracies) to “Declare in the Constitution they form, that neither the legislature nor the nation itself can validly contract more DEBT than they can pay within their own age.”
“Dieu et mon droit”
12 Noon (IST), Thursday, 17 Oct 2013
Experts opine that January to June was excellent for America. Stock market was also on a high and performing beyond expectations too. Dollar/Investments poured in simultaneously. Companies’ Cash Balance was almost at an all time high.
Global slowdown; European uncertainty coupled with unrest (Angela Markel’s third successive term is emboldening and a sign of all what Germany did was right for Euro stability notwithstanding); fears of an increase in interest rates (Ben Bernanke’s status quo act providing relief of a sort later); unemployment/joblessness in the U.S.A. not having reached the target expected – were all reasons why Dollar inflows/investments gained during the period.
Well, scenarios do not always remain the same – more so in the picture of economic reality – and with the U.S.A.’s reputation in the world taking a beating as a consequence of the “Government Shutdown” (will it be the longest ever shutdown in history with just a few more days to make it so?); dysfunctional political system and the squabbles among the legislators ; the economic scenario in Europe witnessing a refulgent glow; – nobody can be sure of what will happen to the much touted U.S. recovery. Is it illusory or real is what concerns everyone including the common citizenry.
Emerging markets in general, India in particular, ‘a mon avis’ is quite some distance from recovering – the Global/International factors being just a small, but not so much a significant factor. Our legislators are exhibiting a poor show of themselves when the need of the hour is to stand in unison in this critical period (in the history of India probably since the 1991 events); high degree of uncertainty with no dynamic management in sight in many sectors (specially manufacturing); without anyone ready to extend a shovel to the teetering individual in a deep hole – the time ahead will make us to look up to someone like the U.S.A. in partnership in the world. Our economy remains vulnerable but certainly not a calamity or a suddenly violent upheaval happening as many doomsayers tend to paint. The rupee will become weaker though.
( I will add further with some specifics after the Debt Deal on the 17th portrays some clarity.)
( It is in my interest that I present below some portions of my article published in 1991 in a news magazine. This is just a prefatory to the chief field of investigations that we were to engage in and move on further at that time. Forgive me if it runs to a little more than two pages but enjoy the info. Brevity compels me to compromise coherence here)
“King Saul overcame his depression due to David’s harp, notes the Bible” ;
“Philip, the Spanish King, suffering from acute melancholia was shaken out of his state of despondency to a state of ecstasy” ;
“The legend of Pied Piper entranced the town’s children with such artistry to lead them off never to be seen again” ;
“Negro Stevdores and laborers of Iowa (U.S.A.) had their morale lifted and toil alleviated often ” – These are the powers of Apollo, the God of Music. It was/is known that music possesses strange powers – power of healing; influencing the psyche; work; mood; and even the performance and success of human being. SCIENTIFIC INVESTIGATIONS details the accounts of MUSIC , positive and negative. How effectively we can transform this “Resource” is all about this article.
Historical Account : Use of ‘lullabies’ to calm infants is known – specially to all mothers. As adults we play music for ‘recreation and relaxation’. You cannot walk down the street or go to a beach without hearing some form of music. Apprentices sang in European Factories in reprieve of tough working conditions (15th Century records show). Uhrbrock in 1911 predicted that music will be used in workplaces in 1980s to stimulate employees to break production records. Research studies cite Productivity, Quality of Production, Morale, Attitude, Collaboration, & Social interaction as some factors influenced by Music. A Classical study on how American Industries were using ‘music‘ gave compelling evidence to the definitive effects of music at Work.
Music and Productivity : 1940s witnessed three scientists exploring factory production. While the positive effects were emphasized by two of them, the third found no impact in a study of 142 women in ‘rug manufacturing’ company. Types of music, types of tasks, familiarity with music, & different settings involved seem to affect the discrepancies in findings. Controlled experiments took stage and dominated/rejuvenated interest in this direction. Music elevated work output from 2.8% to 17% in about 56% of the plants – reported Scientist Ross of the United States of America. Lively music improved performance while slow music tended to have negative effects – reported another scientist, Gareb. Data Processing Departments, Cosmetics manufacturing plants, Assembly Operations, Machine & Billing Departments of Power and Light Companies, and Banks were a few other organizations where 21% to 54% DECREASE IN ERROR RATES of OPERATIONS were noted ! Employees also preferred to work in an environment providing a background pleasing to the ears also cannot be disputed. There was this instance of employees presenting a petition to the management to RESTORE MUSIC when it was removed just for experimental purposes in an assembly plant. Music undoubtedly is linked to PERFORMANCE !
A caution now ! Not all types of music had the same impact on all people. Either SLOW or FAST TEMPO MUSIC showed LESS SCRAPPAGE than a combination of both in a study of female assemblers of RADIO TUBES. Vocal music to be avoided because workers paid too much attention to the words and less attention to the job. It also DISTRACTED the ATTENTION of employees in a dressing room when an experiment was conducted. Duration of music also had its effect. Continuous music did not have as favorable effect as Spaced programs. Continuous Music BLENDED with the background and went unnoticed. Another study reported that MUSIC be played 12% of the time during day shift & as much as 50% during the night shift. As a general rule, 2 or 3 periods of music of less than 30 minutes each produce the best results. Another way of achieving good result is to present an ascending musical program – a program which is pre-designed to provide progressive stimulation by beginning with a slow tempo & increasing it throughout the program. This kind of a program acts to inhibit the effects of fatigue and boredom. An opportunity to our music corporations to be smart to market pre-recorded music programs !
Impact on Attitude : Our own experiences everyday indicate that music exerts a Psychological impact on us. Certain songs; certain sounds elicit characteristic emotional responses. Researchers opine that one’s Cultural milieu; personal experiences; situational factors; and perhaps even genetic factors may all help to shape the mood that characterizes an individual’s immediate response to a particular musical selection. Shaping the employees’ attitude by enhancing the mood is a definite benefit. Industry has a point to note here ! Almost all employees prefer music on the job and only a very small percentage actually dislike it. They felt MUSIC to be Helpful; Relaxing; and contributed to creating a Friendlier atmosphere in a Clerical Section of a Power Tool Manufacturing unit. Music tends to take the mind off monotonous tasks that give the experience of getting nowhere & that progress may be perceived by moving through a musical program, according to a pioneering researcher in U.S.A.
Impact on Athletic Performance : A classical study notes that the average time per mile during a bicycle race in New York City was 17 seconds faster when a MUSICAL BAND was playing than in periods when no music was played. Even crowd noise in such events can elevate performance, opines another researcher while conducting extensive tests on the performance of athletes. If music can facilitate athletic performance, a question that naturally follows is whether music can facilitate the learning of athletic skills. Can we use music as a TEACHING AID ? Many college swimming clubs in U.S.A. and U.K. use music as an accompaniment for their swimming. Coaches; instructors; and aquatic officials believe rhythm is important in both SPEED SWIMMING & FORM SWIMMING> Such skills as Throwing; Catching; Climbing; Balancing; Jumping; Leaping; Dodging; Bouncing; & Striking can be taught to STUDENTS even from elementary school level for developing talents and performance. Are our Physical Instructors listening !
India sports a diverse Culture with people of different Linguistic preferences, apart from the fact that MUSIC itself displays different forms – Hindustani; Carnatic; Western Classical; Light Music; Folk Music; etc., Research on the effects of MUSIC on employees is becoming a separate aspect of interest and explorations despite some contrasting results of earlier studies. There is a definite need to improve the Quality of Life – at Work; in Homes; and in the Community. MUSIC can well be the answer to this.
(Today we have moved beyond all these to realize the benefits of MUSIC in terms of “COLLABORATION; CREATIVITY & CONFLICT AVOIDANCE” to make our CAREERS SUCCESSFUL. Refer to the NYT article under the piece Opinion of 13 Oct 2013 in substantiation at a different level in consonance with today’s developments and needs, but nevertheless reflecting and reinforcing the POINTS cited in my Article of 1991. It proves that “Colors may Fade; Empires may Fall; Temples may Crumble; but Principles and Wise words will always Endure. ” MUSIC whether in Old Times or in New Age leaves its imprint firmly in all Human Endeavors.)
“Dieu avec nous”
What better to do than to record or give an account of some of the latest events that must have caught the eye of many in this world ? I just present below the two important events – as I see – since Sep 15 to Oct 15. Forgive me, if I have not mentioned any other event that remains close to your heart and I accept and respect everyone of them.
1. Dr Raghuram Rajan took charge as the Reserve Bank Governor of India on Sep 4 in turbulent times amidst huge expectations. He announced his “BIG INITIAL PACKAGE” on 19/20 Sep which received accolades from many Quarters of our Economy. Here are some excerpts from the Package :
(a) Shift in focus from inflation control to boosting growth; (b) Primary role of Central Bank is MONETARY STABILITY to sustain confidence in the value of Rupee; (c) Strengthening monetary policy framework, financial stability, financial inclusion, NPAs; (d) RBI to take steps to reduce SLR and introduce greater regulatory & supervisory control over domestic operations of Foreign Banks; (e) Freedom to banks to open branches without RBI permission; (f) Raise overseas borrowing limit of 50% of unimpaired Tier I Capital to 100% for banks; (g) Reduce the requirements for banks in Govt securities in a calibrated manner; (h) Enable foreign banks to set up wholly owned subsidiaries; (i) Panel of experts headed by Bimal Jalan, former RBI governor, to screen applications for NEW BANK LICENSES to be issued from January 2014, mostly; (j) Examine introduction of interest rate futures on overnight interest rates; (k) Enhance limits for exporters to rebook cancelled forward exchange contracts (50%) and open a special concessional window for swapping foreign currency non-resident (FCNR) deposits and dollar funds; (l) Introduce cash settlement in 10 year interest rate future contracts to develop the money & G-Sec markets; (m) resumption of stalled projects; (n) Attract funds from overseas by subsidizing hedging costs for banks making it easier for exporters/importers to hedge currency risk; (o) Liberalize markets, Lift restrictions on investment.
(2) Nobel awards ( $1.2 m; handed out since 1901) are being announced since 8th of Oct 2013. Here are the winners :
(a) Physiology & Medicine : James E Rothman; Randy W Schekman & Thomas C Sudhof for their discoveries of machinery regulating vesicle traffic, a major transport system in our cells.
(b) Physics : Francois Englert; & Peter Higgs for the theoretical discovery of a mechanism that contributes to our understanding of the Origin of mass of Subatomic particles.
(c) Chemistry : Mark Karplus (Harvard); Michael Levitt (Stanford Univ); and Arieh Warshel (Univ of Southern California) for developing Computer models that can predict chemical reactions for use in creating new drugs and other tasks.
(d) Literature : 82 year old Canadian author, Alice Munro, – “Master of the Contemporary Short Story” chronicled the lives of girls and women before and after the 1960s Social revolution including “The Moons of Jupiter”, “The Progress of Love” and “Runaway”.
(e) Peace : The Organization for the Prohibition of Chemical Weapons, the investigation and enforcement arm for a 1997 treaty banning the use of Chemical weapons, – for its mission planning the destruction of chemical weapons stockpiles and facilities in Syria, the most recent nation to accept the arms-control accord.
(f) Nobel Economics Prize ( to be announced yet, even as I post this) may go to Yale’s Robert J Shiller – a longtime favorite. He wrote a prescient book, “Irrational Exuberance” about Stock market in 2000 and followed it up with a second edition in 2005.
P.S. (The above is not complete and exhaustive. I intend to make this a weeklyy/monthly column with some interesting notes added. Need the blessings of everyone.)
“Dieu avec nous”
P.S. It is now 4.45p.m (IST). Economics Nobel just announced : Eugene Fama, Lars Hansen, and Robert Shiller win the 2013 Nobel Prize in Economic Sciences for their “Empirical analysis of Asset Prices.” “There is no way to predict the price of stocks & bonds over the next few days or weeks. But it is quite possible to foresee the broad course of these prices over longer periods, such as the next three to five years.”
I am not a tech savvy hipster designing or operating any cutting edge Tech gadget(s) but a ‘simple user’ of the now narcissistic “smartphone” that those tech savvy live through usually 24×7 for 365 days each year. It has raised the heat of Competition not just among the users of devices but more so among the ‘makers’ of those devices. The nearly half decade war between two dominant players in the category – Apple & Samsung – reels off unstoppable lessons in Management, Marketing, Design, Innovation and Retail all the time. I am neither an expert nor an enthusiast of Apple or Samsung but just a kibitzer in the sense of pointing details in an as is where is basis. Below is an abridged account of a diegesis ( for a gathering I presented a year and half ago) I trace here ex animo without taking sides or arguing the toss when that was made at the end.
1. Apple only thinks of lucrative new uses for other peoples’ ideas :
– Original iPod would not have been possible without TOSHIBA’s innovative 1.8″ hard drive ;
– iPod based on MP3 (creative RiO MP3) and not invented by Apple;
– Gorilla Glass (2006) – Steve Jobs learned of this and convinced Corning Inc. to revive the largely unused tech, so Apple can put it in iPhone.
– Palm, Pocket PC, showed up much before iPhone;
– Prada by LG showed up a year before iPhone;
– UI is the Nokia UI of 10 years ago – except that images are high resolution and better;
– Apple’s GUI idea is from PARC, Xerox and delivered a better, usable, efficient option to consumers;
– Apple also took the idea of Tablet PC from Microsoft which developed it in 2001 – 2002 but did not succeed in ‘Marketing’ it; In 2010 Apple came up with iPad from same idea.
Apple Family : iPod; iPad; iPhone 3G; iPhone 3GS; iPhone 4; iPhone 4S; iPhone 5; iPhone 5S 7 5C.
Samsung has Great meaning and experience in Electronics : Samsung always thinks what the phones embody.
Samsung Family : Galaxy Note; Galaxy Tab; Galaxy Tab 10.1; Phones : Galaxy S 4G; Galaxy S3; S Aviator; S Blaze; S Relay, Captivate; Continuum; Droid Charge; Epic 4G; Exhibit 4G; Fascinate; Galaxy Ace; Galaxy Prevail; GalaxyS9i9000); Gem; Gravity; Indulge; Infuse 4G; Intercept; Mesmerize; Nexus S 4G; Replenish; Transform; & Vibrant.
Samsung also supplies iPad; iPhone Flash memory; Main memory; & iPhone Application Processor as it has Business Partnership with Apple.
2. Steve Jobs’ utterances at different times : “We have always been shameless about stealing Great ideas.” (1996);
“I am going to destroy Android because it is a stolen product.” (2011).
“I don’t always steal shit. But when i do, I sue the inventor.”
3. In 2001 Apple was issued 10 design patents;
In 2001 Samsung was issued only 8 design patents.
In 2012 Apple was issued 160 patents;
In 2012 Samsung was issued 500 patents. (Samsung’s R&D investment is fortified)
Samsung has more 4G LTE patents than Apple maintaining a lead on this clearly.
4. Software & Hardware Integration Ecosystem of Apple (iPhone) is UNIQUE;
Software & Hardware Integration of Samsung lags behind Apple;
Apple’s mix of High Tech and High Touch is again UNIQUE;
Apple’s Brand Equity is Strong;
Apple satisfies the customers’ subconscious need(s) effectively all the time;
Apple’s credo : “Educate and Entertain – Enriching Lives.”
5. Apple’s iPhone can be described by a host of adjectives to make the owner proud : “Magical; Glorious; Beautiful; Heavenly; Revolutionary; Mystical; Gorgeous; Life-changing; Soul purifying; IQ enhancing; and the like.”
Many others have the following to say in praise of owning an iPhone :
(a) I got promotion at work;
(b) Neighbors idolize me;
(c) Strangers permit me to cut Queues;
(d) I get good discount at shops;
(e) I get preferred seating at sporting events.
SAMSUNG : Samsung’s naming process goes through stringent legal reviews;
Cultural and religious meanings of letters/names in other countries/societies evaluated thoroughly. “W” means Wonder; Phone is balanced between style & performance; “Y” means Young; Phone is chiefly intended to cater to Emerging markets and younger audience. “M” means Magical; High performance with economic price front. “R” means ROYAL/REFINED; Only Premium category models.
Samsung’s “S” is a product; Samsung owns the intellectual Rights; It is also a positioning statement in marketing terms; the letter is representative of what Samsung thinks the phone embodies; “S” is ‘Super Smart’ and is given to flagship devices only; “S” is also an excellent e.g. of Branding taught in management schools.
Samsung conducts “Extended Brainstorm and Evaluation process”,
(5 to 7 weeks) in SIX phases to select a name.
Samsung won “International Design Excellence Award” from Industrial designers’; Society of America in 2012. These constitute the pride of Samsung Phone owner.
In pirlicue, (finally), this for all : I have heard many say that the three main tasks that most people want from a phone are (a) to make calls; (b) to receive calls; and (c) to send messages. They also say that economy is a major point of consideration. For an equivalent model one has to draw more from the wallet for Apple’s iPhone.
Will you make your choice now or toss the coin ? “caveat emptor”
“buon giorno; buona sera”
Speaking of TRANSFORMATIONAL changes evolving from Tech advances in FUTURE has always been a fascinating experience for me. I am a big believer in Technology in every sector of human endeavor. Here I shall touch upon the Central point of Health Care.
I am delighted to cite here Four major advances in the recent past that will have a major impact on our longevity and improve our overall health outcomes.
1. Soon to come with a bang !! “ELECTRONIC SENSOR EMBEDDED IN A PILL.” Once it reaches the stomach the sensor draws its power from BODY FLUIDS making it self powered. No batteries needed. Uses WIRELESS TECH. Astounding ! This is not all. The device sends a signal that checks the ID and timing of drugs in the patient’s system. Can also collect other data such as Heart Rate, Body Position, and level of activity. Extremely useful for Diabetics. It can send an alert to the Doctor or loved ones (near and dear) as a safeguard for skipping the medicine that keeps them alive.
Breakthrough Tech performing at Breakneck Speed & Efficiency.
I am not kidding. “PROTEUS DIGITAL HEALTH Inc” is the Originator.
2. Darwin Evolution through Biochemistry : Burckhard Seelig, Team Leader of Seelig Lab Biochemical Research from the University of Minnesota has created a brand NEW ENZYME.
This is not routine Biochemistry – Observers opine and rave.
Seelig says that the substance resembles those that would have been on Earth billions of years ago when Earth just began to emerge.
No computer modeling in this work. Just a big batch of proteins to see how they form the building blocks of life. He terms the process “DIRECTED EVOLUTION.”
Refer : http://www.cbs.umn.edu
3. A research team at John Hopkins has for the first time IMPLANTED a device into the brain of an Alzheimer’s patient. It seems to cause DEEP BRAIN STIMULATION. It works like the pacemaker used in heart. In 2013 (before this year end ) about 40 patients will receive this implant under a FEDERALLY FUNDED trial. This is a novel, neoteric, & newfangled avenue to ENHANCE the function of the BRAIN MECHANICALLY.
Many may be aware of similar device(s) to cure Parkinson’s Disease received by over 80,000 patients in the last 15 years in U.S.A. alone.
So, this brain implant is a PROMISING and real value NEW TECH !!!
4. “A Universal Flu Vaccine made from Synthetic DNA.” – I sound whacky, isn’t it ? Far from it really !!
Ask the CEO of “INOVIO PHARMACEUTICALS Inc. (NYSE: INO) – Dr Kim – and he’ll give a smirking smile.
Everyone thinks that vaccines are grown in chicken eggs as in the 1930s. That is outdated, says Kim. He adds that it is much more safer to develop a new class of vaccines using ‘Synthetic DNA.’ Better still, with this one can vaccinate himself/herself against HIV; Cervical Cancer; Leukemia; & Hepatitis, soon into the future !!!
Kim avers, “Vaccines as a whole throughout our recent history have saved more lives than any other human invention.”
But most of the vaccines our kids take are developed 40, 50, or 60 years ago. He compares the scenario to watching a black and white TV. Synthetic DNA is different. It is pure DNA formulated in water. No Chemicals; No Additives; No Preservatives. THE DELIVERY MECHANISM IS ALSO unique. He calls it “ELECTROPORATION.” Injection coincides with an electric pulse. Cell membranes open up. Accepts DNA instead of fighting it. This is the “secret sauce” , he emphasizes. Trials on 500 people are over. Success spells/vouches for safe procedure and technology. Approval from FDA ? No one is ready to hazard a guess. May be even far into the future.
Since last October/November when info spread, his company’s share increased 30%. Could it go further ? One does not know.
I raise the questions which I raise often with new arrivals :
(a) Is it feasible or scary ?
That is it for now. And my chase will continue.
Good Luck and God Bless.
” bon ami “
I am a novice in the subject of Computer Science ( or by any name you may call this game changing discipline) , but that doesn’t stop me from adducing as proof the following -three- problems for the well initiated to ponder/solve. I place this here from the little nous I developed in this area during my research analysis years ago. But these are today’s problems and real.
1. Fact : You may all know that ALMOST 50% of all the Equipments that Companies in MATURE ECONOMIES purchase are “COMPUTER EQUIPMENT(S).”
Inference : So it is logical to conclude that it will increase the scale of IT Financial Expenditure. Again it is logical to infer that this will IMPACT the FINANCIAL PROFILE of the Companies.
Objective : How the Companies/organizations can combat this increase in expenditure even while sustaining or increasing their effectiveness and profits ?
Ideation : What will be the ‘mindset’ of the companies with “Big Analytics” as a key parameter ?
2. IT Process Automation : A few months ago (this year) I learnt that “ITPA” and “BRMS” are the hot buttons in the field and HP’s tactics and best practices for planning, developing and monitoring the ITPA strategy helped reduce costs and complexity. Rave reviews at a time when HP was slipping badly and urgently needed a strong boost (Boost Drink ? pun intended ) to overcome their slippery trajectory. It did improve since then although it is still to match its earlier highs. Worth making a story of resurrection !
3. What solution to this problem ?
– I am the CEO of a mid sized business that is close to my server end of life. My servers are almost fully depreciated.
– I have 150 end users who use e:mail and shared drives for client business. Storage of data is important.
– Much of my data is confidential. So I am in urgent need of security.
– I desperately need reduction in infrastructure expenses.
– I also need good performance and reliability.
What solution (easy though) . Also need evaluation of the pros and cons of the same.
P.S. It is a clear ‘ignore’ if not relevant; and a clear ‘Slainte!’ if beneficial.
” a bientot “