Business Leaders have to Focus on Developing Key Technologies Internally
Date: Wednesday , August 06, 2014
Founded in 2000 and headquartered at Princeton Junction, NJ, Alphion Corporation develops, manufactures and markets FTTx access systems, subsystems and integrated photonic devices.
The industry is witnessing a continued penetration of fiber-to-the-premise technology into multiple market sectors across the globe today. Apart from the healthy traditional residential urban markets, demand from telecom operators, mobile operators, cable MSOs, ISPs for the hospitality, defense, and government sectors is growing perceptibly. Roll-out of awards for \'National Optical Fiber Network\' (NOFN) will be a prominant enabler for 600,000 Indian villages to reach Gigabit-capable Passive Optical Networks (GPON) technology. GPON technology, uniquely suited to the task of back-hauling mobile networks, is a key enabler for 4G and 5G mobile broadband services and drives convergence of Wireline and Wireless networks. Its proliferation will entail an unprecedented expansion of a broad spectrum of services outside of the traditional urban markets, providing all inclusive growth while removing the digital divide.
Thriving in the Emerging Conditions
It is an era where customers are yearning for solutions, and not products, where vendors are acquiring critical technology providers while others are forming alliances. To thrive in this emerging conditions, business leaders should focus on developing key technologies internally abreasted with recognizing the need to compliment internal capabilities with their outside partners. It is imperative to engage with outside equipment, deployment, and service suppliers to give end customers complete turn key solutions.
Challenges in the Path of Entrepreneurial Leaders
Currently the industry and entrepreneurial leaders are poised with two major challenges. Hiring and retaining top talents, and garnering sufficient capital to fund projects. These projects require significant financial resources to fund the development of specific technology and support the deployment of the new networks. Delays in these projects put additional strain on the companies. Engaging with the right partners is critical, not only to have access to technology and service providers, but to leverage their financial resources as well. To be successful amidst these challenges and competition steering in the market, companies, start-ups especially, have to keep up with the pace of advancement of technology and should focus on key areas which are critical for driving innovation. (As told to Arun Kant)