Da un ricerca da parte di Magnaglobal, pare emergere che le aziende che stanno investendo i propri capitali nella pubblicità in Cina non si siano accordi della forte presenza di persone che passano gran parte della propria giornata su internet con un numero di utenti in trend fortemente positivo.
Cloud and virtualization are two topics that are really exploding, they are really interesting both for developers and companies because they can make you build a solid and efficient infrastructure, that meets your needs and it’s more importantly cost effective because of the scalability of these two services.
I will go deeper in these the next time as I’m planning to do some four-hands posts. There’s a lot to say about it and I will try to focus on the economic and more “management side” of it, that few underlines, leaving the technical advices to my dear friend Mirko. By now I leave here a video as a brief introduction to the cloud, and a slideshare presentation made by Simone Brunozzi (AWS Technology Evangelist) for the more techies of you.
In the last times I am wondering what is the situation of Italian companies and which is the future of their economy, taking in consideration the steps that are being taken in innovation, research and development from both the government and the companies themselves.
From my point of view they are really awful, I mean, there’s no doubt that we are in an difficult phase for our economy and this bad economic conjuncture effects are lasting for more than expected, but, when I say awful I’m saying that we are navigating in bad waters more than we notice or think.
Of course there are big multinationals that are investing a lot in R&D or online customer relationship or whatever strategy that uses the power of IT [there’s one in particular near where I live (Brembo), that has even created a park for scientific development and it’s going to be huge], but most of the small and mid firms don’t even know the potential of some simple yet cheap instruments that internet offers to them. For example, few of them has a simple facebook page and updates it regularly, or use a twitter account for interating with their customers, very few industrial companies use a voip client to keep in contact with their supply chain, and even fewer take advantage the virtualization to empower the production line and their control system.
Problem is that those small companies are the real engine of the Italian economy, and if they don’t wake up , they will be literally eaten by the asian competitors.
Besides this, let’s assume that a company has the ideas to implement an “online” strategy, which are the investments of the government for creating a solid infrastructure to sustain those business? None.
The possibilities to have a really high speed connection, like in fiber, are remote or the costs are prohibitive. Italians copper lines are too old and the pairs are always overloaded. There are no economic district where to do some joint venture. We are now (now!) investing in the high speed trains, and there’s still someone that does not understand the importance of them. We are years back.
We keep sustaining old big companies just to not lose our face internationally (it’s too late Italians!), and keep giving subsidies to the banks. Gosh.. If they cannot stand up with their own legs or they don’t fall within the european requirement, it means that there’s something that doesn’t work!! We have people to the power that only look to their interests, and I’m not biasing saying this.
Even a lot of young students are blind in front of this disastrous country, and most of them are even contributing to it by wasting their relatives’ money enrolling to university just because they don’t want to go to work.
Maybe, fortunately, not everything is lost, we have some young talented people that are creating some great startups, don’t make them escape abroad.
At first I want to do a small introduction on how markets work: once upon a time, operators could make some money through the inefficency of the market just with a telephone, by buying from a market and selling a few minutes later in another market to an higher price and gain from the price difference, this was possible because stock exchanges were not integrated as today with a computerized system, and before differences in prices could adjust from a place to another it would have taken a few minutes.
Nowadays this is not as much possible to take advantage of this inefficency, because prices are the same all over the world, and for example, if you are looking for a stock price on a screen, it would be the same whether you were in Hong Kong or in New York.
This is possible because of information technology that, as everyone know, is becoming always more important by making the world to become smaller and smaller. Connecting one place to another in just a fraction of a second.
This is the point. Fraction of a second
The prices, as I said, adjust quite instantly all over the world, so that a human could not notice or profit by this small amount of time. Thing is, it is too fast! even if you tap continuously on a button.. and you couldn’t even determine if the price in that blink has raised or decreased.
Here it comes algorithmic trading or robo-trading, and in particular a special class of algorithmic trading which is called “high-frequency trading” (HFT), “in which computers make elaborate decisions to initiate orders based on information that is received electronically, before human traders are capable of processing the information they observe“. Wiki
We are talking of very small amount of time, nanoseconds, that just a machine could use. And if a developer could create an algorithm that is both efficient and fast enough to beat the competition it could become very rich.
Literally, this is a “millions dollars affair”, indeed some societies such as banks, hedge funds and main investors, are already developing their own systems to make million dollars profits a year. A great opportunity of job and profit for both investors and developers, in a branch that will be on the daily agenda of the next (not so far) future.
Algorithm will be the new trading operators.
pic by ~tomeqq
The time to update my blog is always few.. Anyway, this time I want to talk about TVs..
Everytime we want to watch a tv show, a movie or just want to see “what’s on”, we are used to sit on our sofa and turn on the TV.. But the way we are doing that is going to change in the next future.. Maybe we’ll do the same gestures but the way programs will reach our screen will undergo some serious changes.
Let’s talk about the TV as we know it today.. The programs we watch are usually provided by the major broadcasting organisations such as the world famous BBC, or SKY, Mediaset and RAI in Italy.. They are usually aired via antenna, cable or sat and we watch them on a classic Tv. They can be free and transmitted thanks to the money granted by advertising, or we have to pay a subscription in order to enjoy them.
Quite any of this services provides a large variety of channels but we are obliged to follow the palimpsest decided by the supplying company, without the chance to decide what we want to see apart from the possibility to scroll through the many channels..
And what about when there’s nothing we like?…
Well.. this is where the future TV comes in.. Internet TV.
Internet tv is infact one of the hottest topic between the giants of technology.. For exemple It’s since a while that Apple is interested in this kind of entertainment by giving the opportunity to rent movies or buy Tv shows online via their iTunes store, and now, as most of us already know, that even google is interested in providing a WebTv service that will be called googletv besides the well known “home made videos and not only” site: youtube. Apple also has its own device the appleTv that is useful to download or view videos directly with the tv which could be renewed soon and named iTV.
So what are the strong point of the Internet TV?
- First of all it’s surely the customization. You watch what you want to watch, not what they want you to watch. (nice tongue-twister =) )..
- Targeted advertising. We will see ads that responds to our tastes not only crap we are not interested in.
The hardest thing to control are prices that don’t have to be too high but they have to satify the content suppliers too. Probably the best solution is an annual or monthly fare with unlimited downloads. Apple is already working with producers for this and probably even Google too..
Future is next, and the challenges that the incoming companies and the old-style one will face are many. I think that BBC & co. will have to review their strategy very soon, because internet Tv will take a very big slice of their market.
This post is just to let you know that in this period there are few posts because it’s a very full and hard period.
I know that every time I tell you this, but every time it’s the real fact.. I’m not a liar.
What’s keeping me really busy apart from the university exams that are draining my life is an important project that I’m taking on with one of my very best friends Mirko. (I don’t even remember if I’ve already talked about this before). This project It’s taking a lot of time to him too because he’s working very hard to realize many things I’m not able to do. So I take this chance also to thank him for the great job!!.
So, what about the project?
We are trying to build up a small company that will develop mobile applications. NightFarm is the company name.
At the moment we are implementing the code for our site.. It’s an hard work because it will be written using the latest CSS improvements, in order to give you a smooth and great experience.
We are also developing our first app starting from the design and the functions we want it to possess. For the moment I can only say that it will be a fantastic and useful app for photographers and people who like to take pictures.. 🙂
Finally flickr has changed a little its quite old user interface..
You should take a little time before you can fully enjoy it but then you’ll realize that is much better now.. More room for your pics and there’s even a “Turn the lights down” feature.
I especially like the map view on the right and the fact that always more sites are giving importance to the geotagging feature.
for more information visit the flickr blog