How to Classify e-Payment systems

The term “electronic payment systems” covers to a variety of payment mechanisms. Furthermore, this is domain is in a constant state of change with new schemes emerging and existing schemes being modified, often substantially. The principal classification of EPSs is based on the form of money representation and the principle of money transfer. Existing payment systems can be divided into two groups: electronic cash mechanisms (or electronic currency) and credit-debit systems, (Medvinsky & Neuman, 1993).

Continue reading “How to Classify e-Payment systems”

7 Tips for sustaining online business relationships

Social networking is the mantra of the day. People and organizations are increasingly getting dependent on social networks in the course of everyday life and business. It is revolutionizing the way B2C marketing is getting shaped on the web. Continue reading “7 Tips for sustaining online business relationships”

Chrome Touch: Or is it Chrome vs I-Pad?

An exciting revelation about Google: that the magician company may be looking to incorporate touch features in their Chrome operating system. This would pitch Chrome’s capabilities against that of Apple’s I-Pad touch features. Who would win this battle of the giants?

Google may be looking to incorporate touch features in their Chrome operating system. This would pitch Chrome’s capabilities against that of Apple’s I-Pad touch features (or even against HP Slate). Who would win this battle of the giants?

When questioned about whether Chrome OS would include multitouch capability, Anders Sandholm, Senior Product Manager of Search, quoted “I can’t, I mean, right now we are targeting netbooks, that’s what we’re focused on, but I expect it to work well. We expect it to target everything up to desktop computers. Chrome OS will be built for a specific hardware setup.”

Incorporating the Touch Feature would enable Google to enter the tablet markets, one, which Google is still to enter. This would pit Google severely against Apple’s newly launched I-Pad and against the zillion other tablet devices by Hewlett Packard, Lenovo, Dell and Acer (to name a few).

Mobile devices from HTC, Apple, Nokia, Motorola, Samsung, LG, HP and others have already made touch capablities popular amongst the the consumers. With so many mobile devices providing support for touch features, consumers are ready to accept an operating system which would imbibe that magic touch experience into the operating systems of laptops, notepads and desktops.

The market is already there, awaiting to be tapped.

Would Google be the first entrant and sweep over the consumers all over the world with this new operating system? What do you think should be Microsoft’s strategy in light of this statement by Anders.

Riding the uncertainty wave – 5 Mantras for Success

The economic slump of 2009 has seen many companies struggling for survival. While some made it, others didn’t. This article provides some insights on what caused such a difference of performance, and provides simple guideline to battle economic uncertainty, especially for the manufacturing industries.

The economic slump of 2009 has seen many companies struggling for survival. While some made it, others didn’t. This article provides some insights on what caused such a difference of performance, and provides simple guidelines to battle the economic uncertainty and financial crisis, especially for the manufacturing industries. Continue reading “Riding the uncertainty wave – 5 Mantras for Success”

A winning framework for market entry strategies

A market entry strategy is the planned method of delivering goods or services to a new target market and distributing them there. This article talks about the critical issues that needs to be considered while entering a new market and suggests a list of actions that would mitigate the risks involved better, and hence successfully enter the market.

A market entry strategy is the planned method of delivering goods or services to a new target market and distributing them there. When importing or exporting services, it refers to establishing and managing contracts in a foreign country. Few companies successfully operate in a niche market without ever expanding into new markets but most businesses achieve increased sales, brand awareness and business stability by entering a new market. Developing a win-win market entry strategy involves a thorough analysis of  multiple factors, in a planned sequential manner. Continue reading “A winning framework for market entry strategies”

Beowolf Clusters: Cheap supercomputers for poorer pockets

Beowolf cluster: Supercomputers for the poor.

The demand for faster calculations can’t be met by only relying on the speed increase resulting from advances in computer technology as high end super computers are that much costly. One of the solutions to this problem for ‘not-so-deep-pockets’ is the distribution of the numerical tasks to a set of machines. So how to provide supercomputer capabilities cheaply? The answer is Beowolf Clusters. This process is called parallelization because the computers complete their tasks in parallel instead of the traditional step‐by‐step (serial) execution. As computer codes have been updated to use this new paradigm, the demand for parallel computers has grown. In general, such computers need to have: Continue reading “Beowolf Clusters: Cheap supercomputers for poorer pockets”

7 reasons why Apple’s I-Pad may fail.

Amidst a lot of hype as always, today 27th January, 2010, Apple launches the I-Pad. While it is being viewed as the product that will rejuvenate Apple’s revenues for years to come, a question many staunch Apple fans (and those who are not fans of course) will ask, is it really worth the hype? Apple has always created a market even when there is none. Will it be successful yet again this time?

Continue reading “7 reasons why Apple’s I-Pad may fail.”

How to tackle the problem of security breaches in call centers

Outsourcing is the mantra of the day. Today, many large MNCs, all across the globe, outsource activities like customer relationship management activities to cheap labor countries where English speaking skills are not a problem. A major concern in such outsourcing is the security in customer’s sensitive data.

Continue reading “How to tackle the problem of security breaches in call centers”

7 secrets to successful online marketing

Some e-markets become success stories while others fail. Time and again, e-markets like e-Bay and Amazon.com have become super success stories while certain sites like Rediff-shopping have sustained themselves in the onslaught of internet marketing.

Continue reading “7 secrets to successful online marketing”

Top 10 trends in Information Management technologies

Information management appears to be the talk of the day amongst all technology buzz. Information management or IM is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. Management means the organization of and control over the structure, processing and delivery of information. Continue reading “Top 10 trends in Information Management technologies”

Speech technologies: The way ahead for inclusive development

Research institutes like IBM Research Labs, Media Labs Asia, NCST, C-DAC, institutes like the IITs, IIMs among others, have taken up dozens of challenging projects to try filling the gap of ‘Digital Divide’. The private sector is not behind, with companies like NIIT, HCL, Infosys, Wipro and TCS having demonstrated cases for taking computers to the common man. Continue reading “Speech technologies: The way ahead for inclusive development”