Forrester dumps IT for BT.

Stumped? Well I was too when I came across this article. Forrester Research chairman and CEO George F Colony has come up with a new nomenclature for the IT term being used in Business today i.e. "Business Technology". What? why should one phase out Information Technology for Business technology? Theres a reason for this change. Colony calls it the 'Scream test" - thats right! Its really simple (Warning:- You might lose your job if you do this!) All you have to do is walk around your cos campus and pull out all the plugs from the wall. The reaction- wait for the high pitched scream from the far end of the office. Thats right this is the reaction which any company would have in todays world, as IT has become the backbone for any business around the world.
Back in the early days it was simply known as 'Data Processing' but now it has been replaced by 'Management Information System' (MIS) in the early 1980's. In the 1990's we replaced it again by IT or Information Technology. But now after a decade Forrester Research is in the process of introducing a new nomenclature i.e. 'Business Technology'. Colony says, "My bet is that your company will lose millions of dollars an hour without technology. If you're like Goldman Sachs or Barclays Bank, you may lose hundreds of millions of dollars an hour". Now thats a huge amount for any business to lose. But there are many businesses which have already changed the true definition of IT to Business Solutions and Business Solution Technology.
While initiating a discussion board on the issue, the Forrester CEO said he was "going on a campaign to dump IT in favour of BT.". Best of luck Mr.Colony and company, should I include your name in the history books now? ;)

theLectureNotes.com

Guess what theLectureNotes.com is featured on Digg.com.

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Living a dual life, no more SPY-ish.

Yes thats true. One way or the other about 1/3rd of the world onine population or lets say netizens have started living a dual life. They create their own avatars which is totally or atleast 67% ifferent from themselves in the real world. How is it possible? Well, the answers are spread all over the internet. Websites like Facebook (an american social networking site), MySpace (an undertaking of News Corp.),theLectureNotes, Friendster, Bebo etc are the medium. People register on these sites create what they think would have a magnetic effect on others and voila! a new Human being (virtual ofcourse!) is born.
Recently, Gaia Online made it to the news as one of the platforms for creating an online avatars by members. They can live a different life online, buy credits upgrade their life and also have families online. It was said that the world has become a global village but I would say World has become an online micro village in Kilobytes!
Again, the other day I was browsing around, digging the vast space of information on the internet until I hit an all new web service, meant only for students in the UK (it says only in the Uk but will expand organically). It was none other than theLectureNotes.com the membership is by invitation only whic I personally think is good so as to keep unwanted faces out of its campus. Yes campus! the web service has three main objectives i.e. Share lecture notes from universities around the UK, Refer them from different universities Network with students from different universities all in all its a other campusg created online -- a virtual avatar of the whole educational campus. The sites' BETA version will be launched on 2nd September 2006. On researching a bit on this website I dug up some profiles and communities which might prove useful some day or the other.They are:
http://www.orkut.com/Community.aspx?cmm=18479801 ( a community for theLectureNotes.com)
http://www.orkut.com/Profile.aspx?uid=11865704979664101418 (the creator!)

I'll keep updating the link if I come across some more profiles or communities.

But to be honest I think that this web service has got some true potential! So check it out.

A lil' more of hibernation would fatten me up.

Hey everyone, I know 'am blogging almost after a month but the circumstances were not in my favour (dont blame me!). Anyways, I'll be starting again with the financial data analysis in the near future, as I am extrmemly busy with a project. You want to know whats keeping me busy? Well for that you need to wait for some more time as I'll be posting the entire project summary exclusively on this blog.

Till then happy blogging!

Utkarsh Sinha