Archive for October, 2004

Technology is decided!

The poll results are out! 11 votes were casted. 2 were in favor of Nanotechnology, 1 in favor of Biotechnology and 8 in favor of RFID based solutions! Apart from poll results, RFID solutions seems to offer better prospect. Shorter development times, easier venture capital financing, good talent availability are all positives in case of [...]

Which technology will it be?

We have 8 votes so far with six of them in favor of RFID. I will keep this poll active one more day. Meanwhile, I will talk about the business structure that I have already selected and why did I select it.
The site that helped me decide is Dane Carlson’s Business Opportunities Weblog. Read this [...]

RFID Summary

BioTech
NanoTech
RFID

IdeaViability
Almost all ideas controversial as it involves modifying nature

Great Ideas, but long development times

Many potential ideas with shorter development times

TalentAvailability
Abundance of Talent, but retaining that talent can be anissue

Shortage of talent and lots of turnover

Reasonable availability of talent and shorter development times eliminate fear of turnover

FundingOpportunities
Venture Capital is hard to come, due to long product [...]

RFID - Socio-Economic Factors

Firstly, I would like to acknowledge receipt of ideas from two of my readers. Coincidently both ideas deal with RFID based solutions. I will briefly outline the ideas here and then discuss Socio-economic factors with those ideas in perspective:
Idea 1: This one is to convince state governments to embed RFID Tags in License Plates, given [...]

RFID - Return vs Effort

For a Customer, who is RFID hardware and software consumer, bulk of the return will come from intelligent use of the RFID-generated data and that will happen with the use of middleware. This will equate to excellent return for middleware solution provider company.
Next, let us consider areas where middleware will be essential. This will help [...]