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Showing posts with label Innovation. Show all posts
Showing posts with label Innovation. Show all posts

Social Media - The Fourth Pillar

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Social Media: Reconstructing
the Fourth Pillar
 

Social media permits multiple identities - tribal, feudal, regional, linguistic, national, religious, ... It allows the material impulses/instincts to be satisfied by proxy, in the virtual world. The very nature of the network allows hierarchical and horizontal connections with others
 

Recent technological innovations put the tools of production of media content in the hands of common man. It allows anybody with access to the Net to reach across to millions. It gives voice to erstwhile voiceless. Access to these tools empowers the powerless.  

For the traditional large corporate media houses, however, it has been very disempowering. Grandmothers start chitchatting with their grandchildren on the other part of the world, disregarding their favourite serial - because that is the best time to interact with people on the other part of the world. Young householders living in rented flats are attending to their virtual farms and decorating their virtual houses, fulfilling their instincts and dreams. Young children making up animation stories using applications in iPad... Attracting eyeballs to any mass entertainment has never been more difficult.  

From the traditional mass media point of view, the new media is seen as merely another platform for delivery. But the new media is much more than that. It is a platform for interactions, conversations, searching, creating and sharing. Sharing is a two way process but media delivery is a one way street. The traditional business models for media are not yet really ready for this transformation. 

Challenges to traditional media 

Chip Design Industry

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Future of Chip Design Industry

 

ISA is very upbeat about the initiatives announced by the government in the recent past for promoting the fabless industry and also setting up an India fab to kick-start manufacturing activity in the country
 

 

Electronics, a USD 1.75 trillion market, is the largest and fastest growing manufacturing industry in the world. The year 2020 has special significance for the Indian Electronic Systems Design and Manufacturing (ESDM) industry with the Government announcing its vision for the years to come as per the National Policy on Electronics 2011. “Vision 2020” is an ambitious yet strategically crucial vision of the Indian ESDM industry reaching a turnover of USD 400 billion by 2020. 
 
The Indian chip design industry – including VLSI design, embedded software development and hardware/board design – is an integral part of the ESDM ecosystem. Pegged at USD 7.5 billion in 2010, the industry is expected to reach USD 10.2 billion in 2012. As part of Vision 2020, the government aims to make India a global leader in Very Large Scale Integration (VLSI), chip design and other frontier technical areas, and achieve a turnover of USD 55 billion by 2020.
 

 

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