If we examine closely the way new economy companies are basing their business model on,we find most of them are tech driven,high on software and uniquely disruptive in nature and innovative.They don't necessarily need lot of physical assets or very expansive factory resources.They really fill the customers unmet need by choosing to operate in the so called "white spaces" left u utilized by traditional players.
For example most of the chip companies don't have their fab.Taxi aggregator like Uber with a 50B valuation on its map don't have a single vehicle.Facebook doesn't have any content.Airbnb doesn't have any real estate.Whatsapp doesn't have its servers even though they transmit 3B messages per day.We can go on like that . So everywhere we find Disruptions of all kind.
Hardware,factories,Large warehouses,Factories of yesteryear so and Big Telecom Networks are really
a thing of the past,as the original purpose for which they were needed are getting met by some other innovative model,thinking,process or plain redundancy!
So, the point is we don't have to be a T&M hardware company to supply those services or the boxes of goods meant for testing and measurement.Can the same job be done by a consulting approach,or removing the function,or creating a business model by outsourcing the process,and the manufacturing.What we need is IT capability of extra-ordinary nature and a supply chain which brokers information on Engineering or Management overall to achieve same intended objective much
inexpensively and scalable manner.A combination of Internet,Mobile Technology, Location Knowledge and Broadband Everywhere can do the trick.
How we will actually apply these to basically a box company? Watch this space in few writings ahead!
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