SiliconIndia Startupcity event in Bangalore – SpeechesJune 11, 2009
As usual I was late by about an hour or so. So, I totally missed the first speech by Sanjeev, CEO of Naukri.com and Ajit, CEO of Rediff.com (So much for professionalism 🙂 )
So, when I went in, there was a speech going on about Cloud Computing. It was a very brief introduction to Cloud Computing (By Amazon) and they focussed more on how Cloud Computing can help new technology startup’s to test their prototypes. Like, if someone develops a new application and that requires say, multiple servers and a lot of disk space, they could like rent the infrastructure with Amazon only for the time that they need to test them. Of course, the application could be hosted there, but the payment was on a hourly basis (They even gave out the tariff!)
The next speech was by Sun Microsystems on their Startup essentials programme. Here they told about how startup companies (At least having an SQL database and some other criteria as mentioned in their website) could register for their program for free and utilize their resources – technical (and even marketing) for free (For testing purpose, Co-marketing etc.). You could get more information in their link.
The next speech was by Nokia. They insisted on developing an ecosystem for a wide category of service providers in the mobile internet space. They asked the start up companies to look in to the end user needs in India’s niche segments and come up with models and services (on mobile) for these segments. It seems anyone (developers) can access their remote device access over the internet for testing the mobile applications on the Nokia mobile phones (existing and soon to be released). But no one was clear as to how the revenue is going to be generated via the mobile internet!
The last, and the most interesting speech was given by Mr. Sanjay Nayak – One of the Founders of Tejas Networks (who provide carrier class network and communication solutions for the Telecom Service providers across the globe. It is an Indian company, by the way). Some of the interesting highlights from his speech on that day:
“Win in India, you can win the world”
“When you have a good solution for the domestic market, a lot of partnerships wil open up in the world level”
“Take advantage of the lesser R&D costs offered by the Indian market”
“We always raised more money and we raised them when we didn’t need them. Create value with what you get, whenever you get it”
“Find a niche that big players are not concentrating on (There are always such niches) and concentrate on them. To get an idea of such a niche, just talk to the customers. They know better”
“We outsource almost all our hardware component manufacturing. The fact that China is making strides in hardware segment need not bother us. The differentiator and the heart of the technology is in the software. Not the hardware. And India is already a leader in that”
“Defence segment is the biggest spender in any market, during any time. So, even in India, a start-up ecosystem needs to be developed around the defence segment as that would fuel a lot of innovation and good returns. Most of the leading technologies are manufactured for the defence segment, and then adopted in other consumer/commercial streams”
That was a heart warming speech, to listen to an Indian company which is making global in-roads in a highly technical field with good success.
Then there were the product introductions by various start-up companies and I too visited their stalls to have a peek at the products they were showcasing. I am covering the technologies being developed by some companies specific to the IT networking technology domain in my other website – excITingIP.com – Blog section. Do visit there, if you are interested in them.
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