Why you tweet

What is twitter?

Twitter is a free social networking and micro-blogging service that enables its users to send and read messages known as tweets. Tweets are text-based posts of up to 140 characters displayed on the author's profile page and delivered to the author's subscribers who are known as followers. Senders can restrict delivery to those in their circle of friends or, by default, allow open access. Twitter is without a doubt the best way to share and discover what is happening right now.

How is standing today?

Because of this platform people are started to update content in real time. It is more of something like chatting with a friend, in twitter you are talking to the world Internet users. User update information, friends and users read the content.

The platform has come up with a interesting real time search engine, which result what user is talking about search term in recant time. This has brought a totally a revelation to searching concept, till now people are searching indexed documents or pages now people can know what people are talking about the topic in real time. Major search giants like Google and Yahoo are coming up with their own real time search engines.

My concern.

This overall concept can work if people continue contributing to the platform. I see lot of my friends who have twitter account who don't know why they have it or what it does, I am not sure how long they will keep contributing the content. My biggest question is “What will keep some one keep contributing the real time content?”

Presently businesses like customer service is doing good use of this platform in keeping their user engaged and helping them in a real time with a mass audience in mind. A good article how India is using twitter click hear.

According to me there are normally 2 kind successes for a product

1. You make understand its user what is the use of it make a success out of it

2. Make something which users don’t understand what the use is or what they are doing, Make hype around the product and attract users.

According to me twitter is in second a category, this has brought some good content to twitter. The type 2 is only good for initial entry to the market, for long sustainable business they should try to move to second type 1. Next twitters challenge is show some benefits for its customers so that its users will keep contributing to the platform.

There is no question about the use of real time data, the challenge is how to keep its contributor continuing the contribution. If there is no contributor no more real time platform or no more real time based services.

There are so many people who are using twitter actively and contributing content to the platform, maybe I am missing some kind of benefit by contributing content to platform. I welcome any kind of information or thought on this.

Why some banks are still in old age?

Today I had to go to Koramangala BDA complex to pay my BSNL land line bill. After paying bill I was in the process of taking BSNL-IPTV option for which I have to get a DD. Since I could see only 'Syndicate bank' near that place I went and inquired about DD in the bank.

Conversation went something like this:

Me: I need a DD.
Officer: Wait for person x to come.

I waited for some time person x came and sate on his place

Me: I need a DD.
X: If you can wait for half an hour then you can wait and take
Me: Does getting a DD takes half an hour?
X: yes you have to wait for half an hour else you won’t get it

Me: I want to take a DD of 1500, what is the charge?
X: 57Rs

I filled DD challan since I need it badly.

Me: which counter I should pay the amount? (since I did not find the cash counter)
X: you have to pay me, you go and wait I will call you.

There were hardly few people where in the bank, all of them where sitting and waiting some work to be done.

I waited for some time but I don't have any idea when he will call me, no tokens no order god knows what he was doing there. Normally I take DD from Karnataka Bank, which hardly take me 10 mints even if Bank is filled with customers,

I just disappointed and left the place without any result. I did not see any kind of discipline in the Bank. I don't know when this people will change and can expect some better result.

Entrepreneurs can find Industry mentors.

Article in Times Of India's 5th September edition:

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"These mentors will change your thinking - N R Narayana Murthy, Nilekani, Premji To Help IISc Students Set Up Companies.

The IISc Alumni Association has come up with a cracker of an idea - it is setting up a 'mentoring system' in which great entrepreneurs will act as mentors or thinkers for students and research scholars, who wish to launch small firms or startups , or turn their research into technology and eventually take the entrepreneurial route in life.

According to Dr K R Srinivasan (man behind the this idea) there will be a website to connect mentor and students/scholar in the first phase of interaction.The mentors will take time out and be personal with students or mentee. They will make concrete suggestion, offer advise, show route that could be taken.

The system will be open to IISc and IIT students, initially. If it turns out positive and productive, it will be extended to engineering college too."
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I am not sure how success this will be, but this can some new entrepreneurs. Recently Abdul Kalam told that "India is not looking for employment seekers, it is looking for people who create jobs". This is a good sign that India can see a lot of new companies which will bring new job opportunity.

India was finding IT as a job bucket for some years, lot of new companies built their bases throughout India. Now for any new company there is only very small space left out, this sectore can only can see a any new company if they have any exceptional idea or business model.

In recent time there are lots entrepreneurs are looking as green energy, environment friendly technology, education etc as a new area. This is a good sign that is moving its entrepreneurship away from IT companies. But can any of this sectors give same amount of job opportunity what IT/BPO based industry gave to India?
The number of people come out of colleges are very high. I belie we can only wait and watch which sectors will be so hungry to take such a large number of fresh graduates coming out of college.

It is great to know that people are willing to become mentors and help young students to take a extra mile to become an entrepreneur and see some change in the system.

Never forget the basics

One of the famous young writer Pratap Simha had commented on Indian IT companies and its employs on his article. His critics says that our IT giants don't do innovation and R&D work, all sectors like banking finance mechanical automobile are now effected by IT driven sectors. I don't know how IT is effected other sectors?

THE WEEK's July 5th edition has a article with Title as "Domestic drive" which has narrated how different is going to be for Indian IT companies to work domestic. In the article they have mentioned that "Infosys Technologies launched the first tailor-made banking software for Indian market, BANC2000, in 1990's. There was nothing wrong with the software ; the Indian banking sector just was not ready for it then."

I think our prominent writer Pratap Simha missed his basic work, is it because he missed out to do necessary study on the facts and figure before commenting on the subject.It is not about implementing it in domestic market, it is the problem with need in the market. Need for any product is not driven by industry rather it is driven by its customer and system.

Pratap Simha say "we don't know what is that they are doing" did you ever tried to know what is that they are doing? He might be using lot of software products and even lot of IT enabled services - do you know who developed them or how they work? It is very easy to comment about things but if you want to know what they do -you should have a interest to know about it.

My small request for our popular writer Pratap Simha, please do a basic study on the topic before you write. At least for your readers, never put your assumptions as your data. I hope to find some great writing in coming days.

ignited minds: APJ Abdul Kalam

I know Abdul Kalam as a scientist and our nations president but this is a first book I have read which he had written. It was my great moment for me when I had a chance to see him when he had come to our college as a president of the nation.

I was just looking for some book to read and saw this book. I thought he always ask to dream so this book might explain how to reach once dream. When I finished it was good moment for me with lot of good details with simple writing. I will put down some of the interesting points in the book with my experience.

The price of any materials will be less when it is raw which will then increase as it molded to products. This is always the case in India, give out raw material and import the product back. In the book he had narrated very insight into this with his experience. Take a example of iron ore we ship this raw materials from our country for very low price which would be priced very high and would have brought lot of job opportunity in the country. Why still raw material is sent out, is it because we don't know to process the raw material? we don't have money to do it? is it because it is not easy to convert raw in to products and sell it to its potential customers? It is true that some are converting raw material in to products but rest just want to be safe and don't want to take risk.

Abdul Kalam narrated another incident in his book where he was doing one of the research in his college, due to some thing he had left with only 3 days to finish. His professor told him "you might not complete the work on time". He then utilised his all time left and completed the work on time, this made me to realise how we use to complete the work when we reach our deadline. I think this makes to every one to utilise their energy very effectively. But it is so happens that every assignment one get is in short schedule. It require a good amount of energy to do work in time constraint, we repeatedly do this and get exhausted by the work. I am sure it would be better to manage once time wisely and prioritise the work in better manner.

It is a good book , I enjoyed reading this. There are lot of examples from his life which are worth reading.