Archive for the ‘business’ Category

IT Outsourcing: A Challenge from Rural USA Thursday, September 30th, 2010

Information Technology assignments such as applications development and integration, software testing and data reporting are proving expensive for U.S. companies to do in-house. To reduce costs, these jobs were being moved more and more to lower cost countries like India. Such outsourcing of work has led to loss of jobs in the U.S.

A new initiative has been taken by an entrepreneur in Missouri, USA, to halt this trend. The initiative involves going to rural areas where there are no existing IT-trained staff, locating unemployed workers and putting them through a four-month program designed to make the trainees into software developers.

Trainees to undergo the programs are selected carefully. Local Missouri Career Centers do preliminary screening of the candidates. This is followed by behavioral interviewing and a Computer Programming Aptitude Test by the recruiter. Only those who reach a threshold, about one in eight, are accepted for training.

The entrepreneur describes the training program as “gut-wrenching hard work” and not everybody can get through it. What this means is that in each rural area, only a few persons get selected. To achieve volumes, it will be necessary to extend the program to cover ever wider regions.

While the rates charged by the new initiative are still a bit more than offshore firms, the higher charges are compensated by the risks off shoring involves, according to the entrepreneur. Off shoring typically involves communication gaps, time zone differences and quality issues arising from high attrition rates.

Read the story at The Economic Times of India.

Energy Efficiency: The Significance Monday, September 20th, 2010

Energy and water are considered to be the two critical issues that can determine the very survival of our planet. If action is not taken to replace non-renewable sources such as fossil-fuel based energy with renewable sources such as sunlight and wind, we might find ourselves going back in time to the days when animal and human energy dominated daily life. And this time around, the world would also be a very unpleasant place with completely unpredictable climate, caused by all the global warming caused by the greenhouse gases.

Energy efficiency is one way to tackle the energy issue. Energy efficiency can come through more efficient use of energy, i.e. reducing the energy needed to provide products and services, e.g. using CFL lamps instead of incandescent lights. It can also take the forms of more efficient conversion of energy, i.e. producing more useful energy output from the same input and conscious efforts to conserve energy by eliminating wastage and higher efficiency in using the energy, e.g. switching off the lights when you leave the room.

With all the media attention that the topic of energy efficiency receives, it has caught popular fancy. The market for energy efficiency products and services is burgeoning. One Dow Jones report mentions that during 2009, energy efficiency ventures got nearly one-third of all the clean-tech funding, with more and more private companies focusing on developing green and efficient technologies.

In the U.S. military establishments and government buildings are excellent targets for energy efficient products and services. Actually, any business can increase its profits by reducing energy consumption and bringing down costs of operation.

An energy efficiency report from Market Publishers looks at the technologies and strategies to improve energy efficiency.

Renewable Chemicals: Boon or Bane? Wednesday, September 15th, 2010

Renewable chemicals are produced from agricultural feedstock such as grain and cellulose, i.e. renewable raw materials. Refining these bio products can produce a range of products. Polymers, bio-fuels, green solvents and fibers are examples.

In Brazil, Dow Chemicals has set up a plant to produce ethylene and polyethylene from sugarcane. Bio-plastics made from agricultural feedstock is considered carbon neutral as the carbon dioxide is absorbed while growing the sugarcane to offset the carbon released during the production process and during the final decomposition process. Petroleum based plastics, on the other hand, leave a large carbon footprint, and also contribute to waste accumulation unless they have been treated to be biodegradable.

Production of renewable plastics from agricultural feedstock typically involves processes such as fermentation, dehydration and polymerization. Presently, the renewable chemicals market is dominated by alcohol. Renewable polymers production is the sector that is expected to grow fastest in the immediate future.

Food packaging made with biodegradable plastics made from renewable sources can, in addition to reducing carbon emissions, make municipal waste more manageable. Presently, these have become somewhat unmanageable as even a small quantity of non-biodegradable plastic in the landfills makes it unacceptable for composting.

On the other hand, renewable chemicals using corn and soybean can reduce the availability of food and lead to higher food prices.

Fuel Cells: Significance and Markets Monday, September 13th, 2010

Fuel cells can theoretically provide energy for everything from running a power plant to running your computer. And they provide it with high efficiency, low emissions and quietly, with the byproducts being heat and water, not carbon dioxide. It is no wonder that governments, businesses and academic institutions are working towards producing this green source of energy.

In essence, a fuel cell combines hydrogen and oxygen to make water, and generates electricity in the process. And unlike a battery, the chemicals needed for a fuel cell, viz. hydrogen and oxygen, do not get exhausted all that easily. What this means is that the fuel cell is not likely to go dead, unlike the battery.

Fuel cell technologies come in different varieties such as PEMFC, SOFC, AFC, MCFC, PAFC and DMFC. Some are more suited for one purpose while others are best in other contexts, such as transportation systems, large power plants and stationary power generators.

Honda’s concept car based on fuel cells has a reported energy efficiency of 60 percent, i.e. 60 percent of the energy that goes in comes out in the form of moving the car. Compare this to the 20 percent efficiency of the fossil fuel burning car, where most of the energy is wasted as heat and for powering incidentals.

Though a battery-powered electric car has an efficiency of 72 percent, the battery has to be charged using AC power, which has a low efficiency, and the charging process itself causes some loss of efficiency. Compared to the 60 percent overall efficiency of the fuel cell, the net battery efficiency is just 26 percent.(See How Fuel Cells Work).

The research report Fuel Cell Technologies Worldwide provides insights into the end user markets for fuel cells and also the various technologies used for making fuel cells.

Energy Efficient Cars: A Focus Area in China Thursday, September 9th, 2010

With its emission reduction commitments, China is exploring different ways to enhance energy efficiency. Recently, the government had ordered the shutting down of energy inefficient factories. The latest news report is that China is now working on new energy vehicles and energy efficient automobiles, with the prospect of 200 million autos on the roads by 2020.

Wang Fuchang, deputy director-general of the equipment industry with the Ministry of Industry and Information Technology (MIIT), stated the goal thus: “In the coming 10 years, China should attach great importance to the research and development of core technologies in green vehicles, aiming for a global lead in this field by 2020.”

In pursuit of the goal, China plans to increase the market share of electric vehicles, both pure and plug-in, and also to enhance the competitiveness of energy-efficient automakers and parts producers. According to ministry spokesperson, China now has a head start “in transitioning from research and development to industrialization in the electric vehicle sector.”

In cooperation with MIIT, the ministry is mapping out industry standards and regulations for new energy vehicles, especially electric vehicles.

According to Chen Bin, director of Industry Coordination for the National Development and Reform Commission, China might be faced with an overcapacity in the automobile industry.

Read the full report at People Daily.

Technology Transfer in Operation at Connecticut Tuesday, September 7th, 2010

We see universities as places where people are trained to provide manpower for various industries. Actually, universities have another role, research, which also can help industries. Many of the research findings that emerge in university labs might have practical applications.

For the practical applications to materialize, however, the technology should be applied to produce things that have a market. In addition, the technology needs to be transferred from labs into production floors. This typically involves scaling up the lab processes into full-fledged production processes.

Applying new technology to develop marketable products, and the engineering involved in scaling up lab operations to production operations, is basically what we call as commercialization of technology.

In Connecticut, schools are working with state and industry officials to create incubator programs for businesses in the high technology areas such as biotechnology that can, for example, help develop more effective treatments for diseases.

An example is the University of Bridgeport that has the largest engineering school in the state. Its faculty and students are involved in major research projects, such as a project to develop unmanned aerial vehicles for the army.

The University has now joined Connecticut Innovations Inc. (CII), the state’s quasi-public authority for technology investing and innovation development, to set up CTech IncUBator that has begun accepting applications from hopeful entrepreneurs.

Read the full report at conntact.com.

A Gathering of IT Companies Off-the-beaten-path Friday, August 27th, 2010

You expect companies to care mainly for profit making. Even if they do some work for their communities, it is more than likely that the exercise is more for image-building to further their business. In such a context, it was refreshing to read about a philanthropy-oriented meeting of IT companies during CompTIA’s annual Breakaway conference in San Antonio, Texas recently.

CompTIA Educational Foundation provides career opportunities for individuals who historically have been under-represented in the IT workforce. It does this with support from individuals, industry leaders, companies and the government.

At the meeting, representatives from AMD, Applied Materials, CDW, Dell, IBM, Intel, iSys, Microsoft, SalesForce.com Foundation, Symantec, VMware and Xerox looked at the possible future of IT philanthropy and the potential impact it can make.

The IT companies have been seeing volunteerism within their companies to aid the communities in which they work. STEM (Science, Technology, Engineering and Mathematics) educational programs for the communities, disaster relief work, environmental efforts, civic development, mentoring, health and hunger challenges, workforce skills development and job creation, and diversity issues are examples of work the volunteers do.

The attendees felt that they need to work in a collaborative manner to accomplish better results, and also to measure the impact of their efforts.

Read the news release at BusinessWire.

Improving Drug Development Process through Experience Management Wednesday, August 25th, 2010

The $800 billion drug development industry is not exactly in the best of health, if reports are correct. That is the impression one gains from criticisms such as:

* Costs of new drug development are so high that many companies are cutting back on drug discovery programs
* The costs are high because of the long research and development cycles, and low success rates of clinical trials
* Regulatory reviews are slow and unpredictable

A major factor contributing to this sorry state is wastage of valuable information, according to RedOak Logic LLC of North Carolina. The volume of information that needs to be considered during drug development is so huge that companies in the industry are unable to make any sense out of the mass. The data analysis and decision support tools being used now are just inadequate for the task.

RedOak Logics says that they are developing “an advanced decision modeling support platform and proprietary application interface – an ‘Experience Management’ solution” tailored to the needs of the drug development industry.

The company reports that the solution is based on Saffron Natural Intelligence Platform. Saffron Technology seeks to develop business analytics that resemble the way humans use experience, noticing differences and similarities from past experiences each time they face a situation.

Read the News Release at PR Newswire.

Safety of Workers in Biotech Labs Tuesday, August 24th, 2010

In a recent blog post, the Council for Responsible Genetics has listed several shocking cases of workers in biotech labs contracting illnesses apparently related to their work, and yet being denied compensation in a timely manner.

A scientist who worked for Pfizer developing genetic delivery systems for cloning into viruses fell ill, and was sacked by the company when she could not return to work by the deadline date. She had to wage a struggle for several years before she was awarded compensation, and that too not for the illness but for the company violating her free speech and whistleblower rights.

It appeared that Pfizer could legally deny data on workers’ lab exposures, as it is protected as a trade secret.

Another person who worked as a researcher and technician on crop and insect control projects was exposed to living bacteria, fungi and insects, which he claims sickened him. He could not get any compensation due in no small measure to his employer providing him with the wrong name of its insurer. When finally he found the actual insurer, the latter also denied the claim.

The fact is that many of the microorganisms the researcher worked with were found in his body.

Read about these and other cases at CRG Blog.

Want to attract top Talent? Tailor Perks to the Talented Friday, August 13th, 2010

Here’s a story from StarTrbune.com, Minneapolis-St.Paul, Minnesota.

Nerds like to collaborate and learn from each other as they work at seemingly impossible tasks. They also like “casual dress, flexible hours, bringing your dog and playing Rock Band and gathering for beer and snacks on Friday afternoons.”

That’s exactly what Nerdery Interactive Labs of Bloomington has provided to its workers. You might find Quality Assurance engineers dressed in t-shirts and shorts entertaining each other as they tackle some serious project, in creative ways.

The company has not suffered for allowing its employees this kind of freedom. Nerdery Labs that provide Web development services to ad agencies, design shops and clients that need interactive marketing solutions was ranked sixth among all the small companies with less than 150 employees. It executes projects for Web, mobile and social media applications development, and partners more than 160 advertising and marketing agencies.

What Nerdery Labs is doing is to create the best workplace for programmers, and the words-of-mouth from existing employees attract more and more talented programmers to the company. The result is there to see, a team of creative and intelligent workers that can be the envy of any organization.

Read more details at StartTribune.com.