Tuesday, July 29, 2008

Photonic Technology, Boost for E-learning

University of Sydney scientists claims to have developed a new technology that could revolutionize the internet industry. They are counting on photonic technology to increase the Internet speed 60 times faster with an unlimited, error-free access to users across the world. Point to notice this is at no extra expenses ‘the most important aspect’ . So what this means for E-learning industry? Internet is the primary driver for the e-learning industry. Although the trivia is when it will be commercially available and above all when India will have share of it?

They are done with initial testing of the technology showed it was possible to achieve Internet speeds 60 times faster than the current Telstra network. But if developed further, the circuit could reach speeds 100 times faster, said Lead researcher Ben Eggleton.


How does this technology works?
• Small scratch on a piece of glass' is a critical building block for the new technology
• Scratched glass is actually a photonic integrated Circuit. This circuit uses the 'scratch' as a guide or a switching path for information – In layman terms its more like train moving from one track to another – but the difference is that the switch takes only one picosecond to change tracks
• In one second the switch is turning on and off about one million times. Photonic technology that has terabit per second capacity

In this tech-savvy future there's demand for instant Web gratification. Photonic technology delivers the need of the hour.

Friday, July 11, 2008

Entrepreneurship: Riding growth in India and China

Article from INSEAD Knowledge:

With the rest of the world beating a path to India and China to cash in on the rapid economic growth in those countries and tap low-cost manufacturing (China) and services (India), countless business opportunities have opened up.

As INSEAD Affiliate Professor of Entrepreneurship and Family Enterprise Patrick Turner explains, this has attracted two groups of entrepreneurs: local residents who are eager to launch companies of their own; and entrepreneurs from overseas, often from the US, who see new opportunities emerging back home. The latter comprises the returning diaspora – people who left their native country to study abroad and seek greater opportunities elsewhere, but who are now interested in returning home, bringing with them the education, experience and, often, personal wealth they have acquired overseas. The combination of these two groups represents a potentially powerful teaming up of ideas, experience and funding that is already resulting in success stories.

Different paths

In this respect, the situation in both China and India is very similar, although Turner says the pattern of entrepreneurship development in the two countries is very different. “Historically, both countries have had a very strong entrepreneurial record. Wherever the Indians have tended to go – in the UK or, earlier than that, in East Africa – they have tended to start their own businesses. And as far as the Chinese are concerned there are a lot businesses in the SME (small and medium-sized enterprise) fabric in today’s Malaysia or today’s Singapore for instance, which were formed by the immigrant Chinese when they first came here (to Singapore) a couple of generations ago.”

“But there’s been a difference in the development of both countries which has been absolutely crucial in the development of entrepreneurship, and that has been the Communist era in China in which, among a lot of other things, the development of personal capital, private initiative and private enterprise was essentially frowned upon and that epoch never happened in India,” he says.

Although both countries have traditionally produced entrepreneurs, the political campaigns initiated by the Chinese Communist Party, especially in the 50s and 60s, with its shunning of personal wealth creation and private enterprise, disrupted the flow of entrepreneurs. It is only since the introduction of paramount leader Deng Xiaoping’s economic reforms in the early 80s, that China has gradually developed a private sector.

Consequently, Turner adds: “In China they have been reinventing a capitalist, entrepreneurial venture system over the past 20-25 years, whereas in India they have just gone sailing forward on the crest of the wave formed by the opportunities from business process outsourcing and the IT boom.”

Entrepreneurial activity

Even in the early part of this decade, the degree of entrepreneurship activity – as measured by the number of people engaged in new and early stage ventures – did not progress nearly as quickly in China as in India. According to the Global Entrepreneurship Monitor’s report for 2003 – the most recent statistics available for India – 12.5 per cent of the total Indian working population was involved in opportunity-based ventures, whereas in China the figure was about half that at 5.5 per cent. Furthermore, while on trips to India, Turner says the young Indians he has met there seem to have “some grasp, if very incomplete, of what is involved in launching a new venture, whereas the young Chinese aspiring entrepreneurs I come into contact with seem to be much further back in this respect.”

This may, in large part, be because of the entrepreneurship environment in the two countries, Turner says: “You are more likely to become an entrepreneur if someone in your environment is, or has been one – your father for instance, or some other family member.” However beyond the family, a strong entrepreneurial community – such as the home town or cluster of towns in the home area – might also encourage some to turn to entrepreneurship. “It’s a matter of entrepreneurship appearing to you in those you see around you as a perfectly normal and widely practiced way of pursuing a career,” Turner explains.

Icons and networks

It also helps if your country has ‘icon’ entrepreneurs such as Bill Gates in the US or Sir Richard Branson in the UK. India certainly has some, of whom the best known is Narayana Murthy, co-founder of Infosys.

In China, however, there are no ‘icon’

entrepreneurs or role models, although entrepreneurs have been gaining greater prominence through Forbes magazine’s list of the country’s 50 richest entrepreneurs.

India has an additional advantage over China in terms of entrepreneurship-oriented bodies such as the TiE network (The Indus Entrepreneurs) or Wadhwani Foundation, which seek to promote entrepreneurship by, among other things, organising workshops and seminars nationally. Founded by entrepreneur Romesh Wadhwani, the foundation funds various entrepreneurship education-related projects like the National Entrepreneurship Network (NEN), which brings together prestigious Indian higher education institutions and entrepreneurs.

Turner says nothing even remotely like this exists in China. However, that said, he expects India to lose this edge in the coming decade. With the emergence of companies such as Alibaba.com, which was founded by entrepreneur Jack Ma in 1999 – and in which Yahoo! took a 40 per cent stake for one billion usd in 2005 – China is already to starting produce its own iconic role models. It will then be just a short step to creating entrepreneurship support organisations, possibly financed by successful entrepreneurs of the new generation. Consequently both phenomena are likely to speed up entrepreneurship development in China and erase the advantage India currently enjoys.

Thursday, July 10, 2008

Photonic Technology, Boost for E-learning

University of Sydney scientists claims to have developed a new technology that could revolutionize the internet industry. They are counting on photonic technology to increase the Internet speed 60 times faster with an unlimited, error-free access to users across the world. Point to notice this is at no extra expenses ‘the most important aspect’ . So what this means for E-learning industry? Internet is the primary driver for the e-learning industry. Although the trivia is when it will be commercially available and above all when India will have share of it?

They are done with initial testing of the technology showed it was possible to achieve Internet speeds 60 times faster than the current Telstra network. But if developed further, the circuit could reach speeds 100 times faster, said Lead researcher Ben Eggleton.


How does this technology works?
• Small scratch on a piece of glass' is a critical building block for the new technology
• Scratched glass is actually a photonic integrated Circuit. This circuit uses the 'scratch' as a guide or a switching path for information – In layman terms its more like train moving from one track to another – but the difference is that the switch takes only one picosecond to change tracks
• In one second the switch is turning on and off about one million times. Photonic technology that has terabit per second capacity

In this tech-savvy future there's demand for instant Web gratification. Photonic technology delivers the need of the hour.

E-learning for BITSAT

RACE FOR BITSAT HAS BEGUN …

In this test-crazed society of ours, there’s no escaping the challenge of taking examinations at regular intervals in our lives. Even though the objective of taking any exam is the same ie., to get through it with flying colours , the challenges involved in different exams are different. “BITSAT” is one of those exams where the primary challenge of a student is to get acclimatised to its computer- adaptive environment , especially when he/she is taking such a computer-based test for the first time.This is where a student starts getting apprehensive about his/her performance along with other usual exam-related worries like toughness , sufficient practice , exam-temperment , confidence and time-management, to name a few.

The website WWW.BITSATRACE.COM can be cited as an answer to all the above said student-worries. Through this website , a team of alumni of IITs have geared up to help students crack “BITSAT” with a unique offering of ‘All India Mock BITSAT Simulated Online Exam Package’ named “BITSATrace”.

SALIENT FEATURES OF BITSATrace :

• BITSATrace is a package of eight practice tests and two All India Mock tests.
• All the practice tests are to be taken on computer either online or through CD which can purchased from the website.
• The Mock tests have to be taken only online during the allotted time slots by a registered user.
• All the tests are created to give you a first hand experience of how the actual “BITSAT” exam would turn out to be, both in terms of its content and its online simulation.
• The test package is complemented well with detailed solutions that are provided for every question in order to not only explains the particular question but also the concept behind it.
• Relative performance of a student in both practice and online tests will be made available to him/her along with the cut-off scores through e-mail.
• Special guidance for students who are a bit weak in English and logical reasoning questions is available free of cost on the website through a series of articles and daily quizzes with detailed solutions.
• Students can ask their queries in ‘Ask the Expert’ section http://bitsatrace.com/expert.php on our website.
• BITSATRace Blog http://bitsatrace.com/blog/ that offers latest updates such as BITSAT Preparation tips, free practice tests etc.
MOTIVE OF “BITSATRACE.COM” :

Everyone doesn’t succeed at the first attempt. But students who realise their mistakes and do not repeat them are guaranteed success. The team of “BITSATrace” wants students to realise the importance of a methodical and sensible preparation for an exam like BITSAT. The tests in the package are designed to make the students concious about the pitfalls they are likely to encounter during the actual BITSAT exam. Students can interact with alumni of IIT’s and BITS to get valuable tips for developing a strategy to prepare in the last few months for the exam. Non-commercial nature of this website is evident in the fact that “BITSATRACE.COM” doesn’t associate itself with any other major engineering entrance exam and its team is solely dedicated to cater to the needs of students preparing for BITSAT.

TEAM OF BITSATrace :

The young team of BITSATrace consists of people who , during their student life, have conquered almost every competitive exam that one would encounter in one’s journey from High-school to Grad-school. These people , who are all educationalists by spirit, have decided to extend this fairytale journey of success by choosing to guide aspiring students through all the competitive exams and “BITSATrace” is their first venture.
Team Profile:
• Saumil Shrivastava: IIT Bombay, 2006 (Metallurgical Engineering and Materials Science)
• J.V.Naga Santosh: IIT Bombay, 2006 (Metallurgical Engineering and Materials Science)
• Naveen Vunnam: IIT Chennai, 2006 (Civil)
• janardhanudu thallaparthy: IIT Chennai, 2006 (Electrical Engineering)

A free Sample online “BITSAT” simulated test with detailed solutions and a lot of guidance awaits every student at the website
www.bitsatrace.com to help him/her decide whether to join the RACE or watch from the sidelines. BITSAT race is a sister site of http://www.ratrace.in which is a unique offering to bring together students, professionals and experts from various fields on a common platform. http://www.ratrace.in offers an exclusive combination of educational resources, idea forums and social networking.