With the global economy looking to recover from the shocks of 2020 and 2021, consumers and businesses are already changing their spending patterns, creating new dynamics in demand and supply throughout the tech supply chain. The fast moving complex and technologically challenging world is gaping at us and we are forced to find solutions to our business issues, mostly technology enabled or technology driven, stitching technology solutions can be the only answer. While requirements look conventional, the way it has to be dealt with in today's tech environment, turns out to be totally different. Powerpoint presentations can only introduce you to a topic at the very best and even a detailed project proposal can have only a cursory value, if projects run into rough weather and generally it does.
Everybody believes that it is doable, till the time it fails. Mostly, major bottlenecks emerge and then it is forced to happen and commissioned in the existential interest of the organization. Certainly, this is not the way forward for far reaching projects. Do we even know what all is possible and at what price, the gestation period and the functional duration of the project with clarity. Technologically, out of the box thinking is more as a matter of speaking rather than a reality being practiced. The only way out can be a robust proof of concept demonstration, at a satisfactory scale. The scale can be decided by the customer. The demo type affair of software and hardware technical specifications has never been able to add value or confidence to the customer. If it is the duty of the business enterprise to convincingly prove its tech solution, then robust POC is the only answer. Execution decides the worth of the project and if that happens, the purpose is more than served and moved to the next higher level of project creation, demonstration (POC) and most important of it all, execution.
Today's Headline in NewsHours
0:00 Intro
2:12 #Facebook Whistleblower Blasts newly touted Meta Rebrand
2:53 #UPI transactions value crosses record $100 billion in October 2021
3:39 #Paytm to raise $1.1 bn from anchor investors
4:16 #SpaceX sets up subsidiary in India to launch satellite broadband services
5:01 #Centre to resume biometric attendance for all employees from Nov 8
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