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Wow. Thats a pretty ballsy thing to say in public. I like him already.
"Suffering orphans"... are they a common occurence where he works? Is he trying to train the eyes of his world on the project to avoid its getting greened over?
http://blogs.cisco.com/virtualworlds/comments/s...
This technology has been played up by the ex-CTO and his cronies as the next big thing. Again, this highlights the lack of vision and real experts at NOrtel who can lead Nortel into a tangential market. ahhh..I hope I did not forget to mention the 10 million dollar Diamondware purchase to integrate into web.alive. What a waste !!!
http://bits.blogs.nytimes.com/2008/11/21/google...
If people can interact across broad distances in a group setting, then there is an opportunity for value.
You can't do anything in this virtual world other then chat! There are many chat client that does that and many for free. So again, am I missing something here?
How long before each gets a 'Vrtualized Environment' within the next 18-24 months. Getting technology is a lot easier than building a channel that has confidence in its supplier...--bb
http://www.reuters.com/article/marketsNews/idIN...
Telepresence sounds more enticing however expensive at a couple hundred grand. No one puts fake crowns or horns on the participants there.
Cisco has beat them there too, especially given the higher ticket item and security in support.
Interesting Nortel is also the only player without a consumer product given they want to play with avatars now. With a 37 cent stock price (under 4 cents pre extreme 10X reverse split) will they even be around to sell a thing let alone support it?
When you want to you can be pretty insightful at times...--bb
i recommended two ideas way cooler when i was at NT a few years ago. it also had a potential to open a new market for NT to the tune of ten billion USD a year. now google is working on both of those ideas btw. they are already 10% there.
needless to say, at NT those ideas didn't go anywhere because they were in the "cost cutting mode" and/or those ideas were not part of NT's core competency (i guess that was because they didn't have anything to do with restating their books, because believe me, back then nothing else was important enough to work on).
and now on the verge of ch11 they invest in THIS STUFF?!?!?!
It's all about who's ear you have in NT. That's why I quit NT and work for a company where my ideas are appreciated, implemented and revenue generating 3 months after I came up with them.
as for going to work for google, that's essentially what i did. no, it's not google specifically, but it's kind of a startup where i am now able to get my ideas implemented and sold as part of solutions to customers. next cycle around i'll push VCs if i have any ideas left. many people have ideas, but i noticed that when i was younger i had more ideas and larger ideas. now that i've been in this industry for a while i'm a lot more cautious and less entrepreneurial.
if i'm any indication there must be companies out there full of people who have been around for very long time and have lost their entrepreneurial spirit almost entirely. Do you know any such companies? I think you do.
To call it a nugget of gold is definitely a joke.
call it web.dead and move on folks. the last thing on peoples minds is animated avatars in meetings.
try this with your CIO first running Nortel on this crap.
When you see this sort of stuff it breaks your heart.
With this particular item, I sense that it's time to stop and figure out how to make money. The Second Life concept is no longer new, it's years old. Nortel's version has been bouncing around in public for a while now too. Somebody needs to sit down and figure out a monetization strategy. And if it doesn't compute, this effort needs to be spun out or sold off. This is not the right time in Nortel's history to be playing with dolls if there isn't a clear path to money.
First question: what is the value prop? Second question: who is the customer? Third question: what problem does this address? Fourth question: how big is the market? etc.......... (basically the 10-chart pitch deck)
Basic start-up stuff that gets lost in a dysfunctional big company.
Nortel has put together a platform that may not be the most feature loaded virtual world, but one that addresses business concerns today. The SAAS delivery model, voice quality, and easy interface makes this a platform that should be closely considered by today’s large companies.
For Nortel, WebAlive is a significant introduction. More than the sales of the actual platform, the potential for integration services built on top of WebAlive should provide an additional revenue stream. Establish virtual world players will need to find their differentiation vis-à-vis the WebAlive solution. Competitive points include the lack of application services, product immaturity, and broader questions around Nortel financial viability