#Thoughtworks #IPO #SatyaNadella

A software ties the whole business together



We are in the Digital Immersion age and the technology which we are talking about is IT, with all its consequent technologies finally culminating in the Artificial Intelligence Age, from our present understanding. The business of technology is making other businesses more productive, efficient, data enabled and giving them a return on investment which they could not have imagined. The reality of business is whether you are able to create a business ecosystem of your own or are you still stuck up in the wholesaler, reseller, last mile mode, with any number of intermediaries. During Microsoft Inspire, while delivering the keynote this year, #SatyaNadella said that for every dollar Microsoft earns, nine dollars goes to its associates. Microsoft currently has over 400,000 associates globally, 95% of Microsoft's commercial revenue comes from partners.



At the same time, Jeff Bezos had earlier stated that seven eighth of the revenue generated by Amazon goes to its global army of the Associates / affiliates. Suffice to say the nature of business has changed. Even the biggest of the MNCs are able to either deal with the customer or through just one intermediary. The third and even more critical component of business is that a software ties the whole business together. It is only through those processes business is conducted. There is no manual intervention but for feeding of process data and the system would then act as per the business logic already fed into it. It has to be a 24/7/365 system and it should work as a failsafe and an error proof mechanism. The ecosystem is self-created and should remain totally under your control.

Today's Headline in NewsHours
0:00 Intro
1:52 #Thoughtworks valued at $6.4 bln in U.S. #IPO
2:29 Former IAS #RajivAggarwal joins #FacebookIndia as director of public policy
3:18 #NITIAayog.