Can IT come back?

Asks the Economist: “As the locus of innovation moves on to other fields, can information technology ever regain its pre-eminence?”

It writes: “The excessive exuberance during the run-up to the millennium has saddled the IT industry worldwide with $750 billion of debt and some $250 billion of overcapacity. That is an awfully big hangover for it to overcome…an intriguing convergence of technologies is under wayas the medical, pharmaceutical and agricultural sectors adopt chip-based techniques.”

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Time Management

From an article in FastCompany on The Art of Multitasking come tips on managing time:

1. One size does not fit all. Cingular Wireless CEO Stephen Carter handles almost every incoming email in real time; Sun Microsystems EVP Marissa Peterson checks email just twice a day. When it comes to multitasking, no single solution works for everyone. Pick the tactic that’s best for you.

2. Paper piles only grow. When you get a paper report or memo, deal with it, then file it or hand it off. Piles of paper make for more work.

3. Heading to a meeting? Go unplugged. When you meet with someone, you’re using a nonrenewable resource: your time. Don’t let cell-phone or pager interruptions waste it.

4. The next killer business app? Instant messaging. IM is faster than email and just as inclusive. Its beauty lies in its simplicity. Think of it as the online equivalent of an elevator conversation.

5. Delegate: It’s the ultimate time-saver. Investing in frequent communications with your staff — lunch meetings, daily emails — yields big dividends. Your staff members can’t lighten your load if they’re out of the loop.

6. Working in hard-to-reach territories? Voice-mail it. Voice mail is more dependable than email and better for keeping globe-trotting executives emotionally connected with the home team.

Indian Success Story in Satellites

India Offers Cheaper Taxi Rides into Space from SpaceDaily: “On Thursday afternoon , for a mere 15 million U.S. dollars, India launched a meteorological satellite into geo-synchronous transfer orbit some 36,000 kilometres above the equator using a modified version of its highly successful space workhorse, the polar satellite launch vehicle (PSLV).”

The article adds: “On average, the Indian Space Research Organisation earns more than 100 million dollars from commercial sales of broadcasting, weather and meteorological data to various agencies.”