Tuesday, 20 March 2012

The New Platform for Learning - eEducation


I have to confess my wife Rashmi and my child Devyani think it's pretty funny that I have been invited to talk about technology at a cutting-edge conference for innovators and entrepreneurs. We didn't even have a TV when I was a kid. We were not what you would call "early-adopters." But I've changed—we all know what happens to dinosaurs—and the reason I've changed is that I've seen the tremendous transformational potential of technology in education. I really believe that technology is a game-changer in the field of education—a game-changer we desperately need to both improve achievement for all and increase equity for children and communities who have been historically underserved.

Technology: Value Added Services (VAS) For Education
  • Technology is making us so much more efficient. It allows teachers to personalize education for more and more students. Teachers and students can track progress in real time and not have to guess as to what is actually being learned.
  • Technology offers children the opportunity to work at their own pace, pursue their own interests and passions, and provides access to more information through a cell phone and internet than I could find as a child in an entire library.
  • Technology enables working adults to learn on their own schedule. It eliminates geographical barriers to knowledge.
  • Technology is replacing the paper and pencil, the textbook, the chalk board and the globe in the corner of the room. 


It's no exaggeration to say that technology is the new platform for learning. Technology isn't an option that schools may or may not choose for their kids. Technological competency is a requirement for entry into the global economy—and the faster we embrace it—the more we maintain and secure our economic leadership in the 21st century. Fortunately, there are progressive educators in school systems all across Globe who is finding bold and creative new ways to use technology in the classroom. This innovation is happening in big cities, small towns, and even in entire states across the nation.

Just this week, Mr. Arun, the visionary superintendent from Yashroop Training Center came to our department to meet with our management team. One year ago, he gave every student in 10th through 12th grade a computer with online administration system. Almost overnight they saw gains in school attendance—new forms of collaboration between teachers and students—and ultimately gains in reading, math and graduation rates. Parents can track their children's progress every night from home—and that's one reason that the community strongly supported to keep the program going. And the cost was not prohibitive— they actually have less to spend on each student compared to almost all other districts—they simply spend it smarter. In Mumbai, close to 100,000 students attend virtual schools and online test practice session.

We're doing much more to encourage technology in the classroom. In 2010, we issued a comprehensive Education Technology Plan to support the broader trends in education today:
  • Aligning learning materials with the college and career-ready standards that Localkonnect have voluntarily developed and adopted.
  • Engaging students by tailoring learning to their individual needs and interests and providing real-time information to teachers, parents and students themselves about student learning.
  • Connecting teachers with their peers so they can share learning materials and classroom strategies.
  • And building the infrastructure (www.education.localkonnect.com) to support this learning environment, and using technology to become more productive.

We at LocalKonnect led the development of this plan, and eager to bring these ideas to the larger education community. The list of panels at this conference is evidence of both the ambition and creativity of this movement to bring technology into the classroom. It focused on assessment and digital ethics. You are talking about supporting teenage entrepreneurs and using interactive art to enhance science/professional education. And here's a panel that is bound to raise a few eyebrows: "Supersizing the Classroom—3000 Students and Beyond." Now, I must say that I was relieved to see that this was not about pre-school but is in fact about how to improve those dreaded survey courses in college. Colleges across the country are both reducing costs and improving student outcomes in those introductory classes through the use of technology. Clearly, there is a lot of creative thinking happening here, and I just want to say that we in the education community are hungry for your ideas. While the education sector has moved more slowly than many of us would have liked it, this area, this world is changing. I see that and sense that everywhere I go. Every educator wants what's best for her students—we just have to persevere and push through some of the real barriers to entry.

We have 25,990 colleges and they are independently deciding how to teach and in many cases what to teach. That's one of the strengths of our system and a source of innovation. But decentralization can also complicate the spread of technology. I know that some of you have encountered bureaucratic obstacles in your efforts to work with school systems. Please don't be discouraged. eEducation, by creating great content and delivering it directly to young people at home, is forcing schools to change both how students learn and teachers teach in school. School leaders today are under a lot of pressure to cope with diminishing resources and rising expectations. They don't always see how investments in technology can save money down the road.

Let me tell you some of the things we are doing already. LocalKonnect is deeply committed to create an education system that produces more people like you—with the creativity and technical skills—not only to invent new educational programs and software—but to help us lead in every other field. We've created a Learning Library to help teachers and parents discover resources on-line and learn from each other. Here in India alone, there are almost 100,000 users of their education portal.

Technology gives teachers the kind of professional development they have been asking for—individualized to their unique interests and needs. Today, Washington DC and Tennessee in America are both using technology to create customized teacher training programs. It gives teachers the information they need to figure out what their students need. Unfortunately, assessment in education is behind every other field from medicine to consumer behavior to sports, politics and entertainment. Everyone is getting data in real time and using it to make decisions. Education needs to stop always being the laggard, step up! Ultimately, technology should make a teacher's jobs easier, more marketable, and more fun—and that will make them more effective. We talked to some teachers in a school system that just brought in new technology two months ago and they were already raving about how much time it saves. They said their students are much more engaged. Young people see adults working in front of computers. They know that's the future. The more that our classrooms connect to the real world, the more likely that our kids will take school seriously.

A new Canadian study confirms what we already know intuitively: when technology actively engages students it has a dramatic and positive impact on student performance. School Superintendent Edwards also talked about the sense of discovery that his students feel—that they can go on-line and talk to someone in another state or another country. My 3 year-old daughter loved the opportunity for her class to skype with a class of students in America. With just one click, children go way beyond the walls of their classroom and the pages of their textbooks and the barriers in their community. Technology-driven learning empowers students and gives them control of the content. It challenges them to think critically and make decisions—the same kinds of challenges you and I face in our work every day. And college students who are struggling with the rising costs of college can get more and more of their material through open education resources saving thousands of ruppes over the course of their college career.

I know that in this setting I'm preaching to the choir. Entrepreneurs like you are way ahead of the curve. People like Sal Kahn who has made over 2700 learning videos available and delivered to over 190 million visitors for free. Products like the ones you all are showcasing here hold the potential to transform classrooms. Learning technology can be a major business industry for India. But don't think that other countries aren't thinking about it. Places like America, China etc. are all pushing hard to bring technology into the classroom and create the products that will shape the future of education.

Entrepreneurs like you—in partnerships with the kind of teachers we have in this room today—need to own and lead the field—just as we have in so many other fields. Those of you leading start-ups are job-makers, not just job seekers. I love your creativity and bravery. So I'm here today—not just to encourage you—but to plead with you—to invest in education and in the technologies that support learning—to push us hard and push the field hard to move in this direction—and to be our full partner in the broader effort to rebuild the Indian economy with education as the foundation. We have to educate our way to a better economy and we can't get there without you. Now—I also want to leave you with one final thought because this issue too often gets sidetracked into a silly debate over whether we need computers or teachers—when everyone knows we need both. Great teachers with access to great technology transform children's life choices. They'll have cell phones, iPads, laptops, and other tools to communicate, socialize, and gather. They'll see it live and watch on-line. The performers will chronicle their every move on social media.

Musicians today use technology in countless ways to get their shot at stardom here. They download music and create band profiles on the web. They record, share and sell their music without ever leaving their bedrooms. Technology corrects their mistakes in the studio. In fact, the music industry and other art forms like film and photography are so completely infused with technology today—and dependent on it—that it is hard to imagine them without it. Today, technology pretty much does everything for the musician except for one fundamental thing: It can't write a song. We have yet to invent a technology that will produce "Born to Run" or "Let it Be."

At the end of the day—education and technology are about people and ideas.
Why is Facebook so popular? Because it brings people together.
Why is technology so exciting? Because it tells us so much about ourselves and about others.

Why are we all here?
You could have found a lot of this information without coming to this forum. But you're here because there is no substitute for face-to-face interaction. Nothing can replace the conversation that leads to inspiration or the handshake that leads to a partnership. The future of education undoubtedly includes a laptop on every desk and universal Internet access in every home. It definitely includes more on-line learning. But a great teacher at the front of the classroom will still make the biggest difference in the lives of our students. All of us here can point to that great teacher who inspired us and shaped our lives. So I urge you today to make teachers your partners and your advocates. Their voice carries a long, long way. They are the ones who will take your product from the drawing board to the classroom. They are the only ones who can make this work. Working together, entrepreneurs and educators, like the amazing combined talent here in this room, can create a world that we can't even imagine today. Our kids are begging for it. They can't wait. Indians can't wait. You can and will make it happen.

Thank you.


Monday, 19 March 2012

Have u got what it takes you to be your own boss and create a great empire?


Innovative focused thinking, the drive to succeed and dedication to pursue your idea has got you this far, but where do you get the business set up process to take your idea to the next level?  Join our panel discussion with Local Konnect Team

 

·         Business Plan
·         Description of Products/Services
·         Description of Business Premises
·         Identification of Suppliers
·         Details of Regulatory Issues
·         Marketing Strategy
·         Customer Profile
·         Details of Competitors
·         Organisational Strategy
·         Job Descriptions
·         Personal and Commercial Strengths
·         Contribution to the Local Economy
·         Establishment and Operational Costs
·         Profit and Loss Projections

 

 Creating a trademark


Logos are nothing but the symbols designed to represent a particular entity (A company, a product, a brand, a service or a device). To influence the masses, a logo should be an art of creativity, look attractive and be the only one of its kind. The company or brand image should be clearly reflected through its logo.

When a logo is associated with the intellectual property of a company, then it is generally known as a Trademark Logo. The use of the same logo by others is prohibited. FedEx, Google, YAHOO, PEPSI, Cadbury etc. are some of the trademarks that immediately reflect the type of product or service. Trademarks are particularly useful in brand recognition as they tend to protect the brand. Getting a trademark for your company or brand is a long term process which demands patience. The trademark is obtained from the Patent and Trademark Office. An initial search for previous trademarks or logos is conducted to avoid conflict with the new one. It takes months to file an application but once it is accepted and approved by the Authority, it is then published and the trademark is granted. The trademark is represented as “™” and when it is registered with the government trademark office it becomes a Registered Mark represented as “®”.
The trademark logo can be designed by hiring a professional designer. The expert will be able to design the logo to reflect the image and the reputation of the company. The designers will take care of the copyright issues as well.

List of Vendors for Trademark at your locality

Developing a Prototype

Any new idea or invention has to be tested and verified at its initial stages from the point of view of an end-user before taking shape into a finished product and being launched to the market. A Prototype is a complete working model of an innovation, which is built in such a way that it can be tested on various points like design, features, cost effectiveness, usability, user friendliness etc. Developing a prototype in general minimizes the overall project risk and cost.

Use of Prototype: Besides some risks involved in developing a prototype, it might be the first step in launching your idea successfully. A Prototype is developed to show proof of innovation to attract investors, manufacturers and even customers as the prototype may serve as a marketing tool for some products. Any defect or malfunctioning of the invention is observed through prototype development and testing which saves time and money than if the invention was mass produced immediately and had to be scrapped due to missed flaws. Similarly prototypes are designed to collect the initial user requirements for the improvement of the product and to train the user or to create a marketing demo.
Initial Step for Prototype Development: In order to develop a prototype, a proper documentation of the process, ideas and the flow has to be done initially. The innovation or idea can be a product or a service. A rudimentary design and documentation of these ideas demands thorough understanding and knowledge of the functionality and target audience of the product. The objective of the application or the product, input required, its processing and possible outputs are listed to develop a working model.
Types of Prototype: There are different types of prototypes depending upon the type of product and its functionality. Low Fidelity prototypes give a static, non-computerized working model, whereas High Fidelity prototypes give a dynamic, computerized working model. Exploratory prototypes are developed to examine the large and complex systems. Experimental and operational prototypes work to validate product specifications and iterations for finalizing the product. The prototypes with little details are the Horizontal Prototypes and that with full details are Vertical prototypes. Similarly Global prototypes provide working models of the entire system and Local prototypes are focused on the single usability or functionality of the product.

Contact Local Konnect for Prototype Development for your innovative ideas


Difficulty of Funding for India’s Entrepreneurs

India is becoming a priority destination for different foreign investors and venture capitalists. Today’s knowledge-based economy of India is considered as a fertile ground for the upcoming entrepreneurs. As a result, the Indian businesses are now adapting the global competitive environment. But previously, this was not the case; most of the early entrepreneurs had to face hindrances in the path of their success due to various reasons such as inadequate opportunities, scarcity of capital, lack of technology and many other factors.

India is a conservative nation and most of the people prefer regular monthly pay rather than embarking on any business venture on their own. In India, people do have innovative ideas but translating these ideas into business enterprises involves many risks which they find difficult to tackle. This has led to an overall cautious mindset amongst the upcoming entrepreneurs. Even if an individual makes up his mind to start up an enterprise, he fails to get proper motivation, financial backup as well as proper sources for funding. The most common difficulties faced by Indian entrepreneurs are non-availability of good credit schemes and complexities in acquiring long or short-term loans. Also the Indian banks show lack of interest in entrepreneurial projects and put hindrances in processing the funding request applications. These constraints make an entrepreneur feel handicapped in initiating any kind of business venture.

The reasons behind the difficulties of funding comprise of the communication gap between venture capitalists or finance agencies and entrepreneurs. Absence of good credit schemes as well as improper presentation skills also contribute to the difficulties of funding faced by Indian entrepreneurs. Many banks also fail to offer enduring loans for start up units. Most of the time, investors and finance companies do not thoroughly understand the entrepreneurs’ newly introduced concepts. It would help if the funding agencies and venture capitalists kept themselves abreast with newly developing technologies and their possible profitable uses. The important aspect for entrepreneurship is the attitude to make the entrepreneur-investor partnership based on mutual trust. In this, one partner possesses the innovative idea and skills necessary for implementing an enterprise, whereas the other partner has capital required for execution. This kind of partnership can contribute to paramount success of an enterprise.


Finding a Manufacturer for your Invention


Your invention needs to be designed in a proper way such that it should come up with a unique product. When the design of your invention is fabricated into finished product, the Manufacturing of the invention comes into picture. The inventors’ idea’s for the invention takes a long journey from paperwork to marketplace. What plays an important role in between is the Manufacturing of the invention. Manufacturing of the invention opens a new horizon for the inventors so the start of the bottom line as new idea without a final product and its market will not contribute to the bottom line.

When someone comes up with the invention and its prototype, there are several ways to develop or manufacture and bring the finished product in the market. The very first way for this is producing or manufacturing the product by self. Starting a production unit is a Herculean task for the inventor as the process may indulge many obstacles as targeting the cost, the market and the human resources. But above all, the control of the invention and the company lies with you when you handle it with yourself without sharing the intellectual rights with others. The other way of getting your final product is licensing – selling rights to an individual or group to use your intellectual property and getting a fixed amount or a royalty in return. The company using your license will start manufacturing the prototype into finished product. Along with these one can go for collaboration with already existing business or incubation centers. Such an activity will definitely save the money and labor but the bottom line will be slightly reduced as the profit will be shared by the two parties.

Rather one can go for what today’s Fortune 500 companies are doing – Outsourcing. Outsourcing the manufacturing process will save your time to market the product, target sales and create a brand identity. The best examples of outsourced manufacturing are Adidas, Cisco Systems and Nike etc.

For later ways discussed above, The hunt for manufacturer might be a challenge for an innovator as the decision of selecting and finalizing a manufacturer can be complicated. The manufacturer may be a home based company or overseas or internationally located unit. Similarly getting a reliable, cost effective and competitive manufacturer who is confident to deliver for your product is important. If the decision in choosing a manufacturer is overruled the invention can be of no use. The innovator has to do some research on the ability of the manufacturer to qualify the process and the cost. The innovator can go for professional consulting to find out the capable manufacturer for the innovation.

The Manufacturers for your innovation can be found out from contacts in the similar field. The exhibitions, trade shows and product fairs can be helpful in finding a genuine manufacturer for your idea. Posting the ideas on the web, on similar communities or on discussion forum can also result in getting a feasible manufacturer. Expert advices are always beneficial to find and select a proper manufacturer.

India & China – Heaven for Global Investors


Looking for a safe place to invest your funds? You may have considered Capital markets—a very risky & speculative option; Bonds-a highly safe but low return option; Precious metals – a high return but low liquidity & volatility, or Real Estate- a high return, less risky & less volatile option.

Multinational corporations and global investors see India and China as two different economies where China is the world’s leading manufacturer and India is the world’s biggest IT service and business process provider. Both countries have a vast growth potential, resulting in increased capital flow in both the nations. The Indian market is able to attract more interest due to the presence of educated people at a lower cost, flexible regulatory system, infrastructure, management talent, law of rule and cultural kinship. This resulted in a sudden surge of prices in the Real Estate sector. Many predicted that changes in the policies of the government were the major reason for such an increase but that wasn’t the main reason. Analysts predict that at least Rs 12,000 crore (Rs 120 billion) will be needed to be pumped into the IT sector over the period of the next 3 years. As a result, this has already started pushing the demand for residential complexes. Thus we can see that there is a strong affinity between the IT sector and Real Estate. People don’t anticipate the growth in prices as a bubble about to burst but rather the prices are almost stable. One can see an upward trend in the prices. Increased bank rate policies also couldn’t do much in this regard. Houses are no longer viewed as two-bedroomed with hall and kitchen area; indeed it is a kind of life style that is portrayed. Everyone wants the best of everything. The recent surveys showed that investment in the residential sector will prove to be very beneficial for real estate developers, succeeded by the development for commercial usage. It is estimated that out of the total malls to be constructed, only 10% of them are expected to create a niche for themselves but all the developers expect to be in that list. Thus the competition is a little too intricate. To top it all, the recent introduction of Special Economic Zones (SEZ) in the country has again revolutionized various sectors- Real Estate development tops the list. SEZ has opened the gates for a hassle-free environment for export of goods, trade operations, tariffs and duties. Although challenges exist such as the lack of micro finance, rigidity of rules and building regulations limiting urban density, real estate is still the upcoming sector for India. 

For More advanced research report on Business and Investment avenues contact Local Konnect 

Friday, 16 March 2012

Local Konnect - eFARM Product


eFarm is leveraging information technology for use by the most important segment of our country and will revolutionize the way our agricultural participants like farmers, traders etc. operate the agrarian economy. It is unique in the sense that the knowledge economy, by this process, will touch in a very novel and highly effective way the lives of the majority of our people and will go a long way to bridge the technology divide that afflicts our polity. The web based architecture will help to reduce the maintenance and IT support services required at village level and at the same time highly intuitive nature of our data navigation system will completely obviate the need of any prior computer application knowledge on the part of end users. Thus development of a web based location specific agrarian economy information system is a unique value proposition of the project.
Expected outcome of eFARM shall be the availability of right information in right format at the right time to the end users.
  1. Farmers make appropriate decision based on all required data and thereby generate stable and higher income flow.
  2. Increased productivity and efficiency in farm management.
  3. Reduced default rate in loans extended by rural credit institutions leading to increased credit flow to the farming sector.


Local Konnect - eEducation Product


eEducation provides total institutional process management system imagined… truly scalable institutional management system with various models and accessories to revolutionize the system run and updates their status. It centralizes the mountain of data to knowledge learning and facilitates all the subsidiary activity of education system to one platform for the overall monitor and performance evaluation of the education system. Thus, in real time this system endeavours to provide guidelines to assist user in optimizing the use of information to broaden their horizon.
Just on one click, you can interconnected with broader aspect of admission, course, degree, institutions, education board, loan, advisory, research, marketing, training, books & its publishers, accessories, library, placement, career counselling, examination, process management solution etc.


LocalKonnect - eLocal Product


Information is a key ingredient to successful operation of any business in today’s world. Every kind of industry even when undertaken at a relatively modest scale also needs timely and appropriate information during the entire lifecycle of their business. At each stage of the lifecycle, they are supported by various government agencies including banks, cooperatives, educational and research institutions. However, their access to such information and advisory services is mediated through personal access and communications and not necessarily available on demand. Future sustainability will depend on rapid access to knowledge and support for critical information decisions. These needs can be effectively and efficiently met by creating an information repository that aggregates and organizes spatial and non-spatial data in a way that allows information retrieval and navigation in a highly intuitive and user – friendly way. In other words, the need of the hour is to build a Decision Support System (DSS) database at local level. In this regard, eLocal concept has been be devised at various level of the country i.e. Nation, state, district, block/taluka, panchayat & village level in every sector of business. Some of them are mentioned below:
Administration, Transportation, Infrastructure, Financial, Entertainment, Education, Utility, Healthcare, Market/Mandi, Industry, Farming, Logistics, Storage/Warehouse etc.

Local Konnect - Services


Local Konnect is a knowledge consulting and specialist lab focussing on “Local Information, Knowledge, service strategies” that brings about state shifts in individual engagement that leading to unleashing information potential of the sytem. It is a invention to first create knowledge powerhouse for the masses or entity; give them the access to all resources available in nearby locality and finally facilitate them in availing services from respective resources.  The invention provides for a unique platform for each of the segments in eLocal, eFarm, eEducation, eHealth, eBusiness & eNetwork; which users access to information and advisory services available 24x7 a week at every location of the universe. No exertion is to be made on taking critical information decisions for their future sustainability.
This unique platform comprises of building a dynamic integrated computer based application that allows the decision makers to retrieve, view and analyse structured information relevant to domain of decision making. At the core of it lies a vast amount of data that have been collated from multiple and possibly disparate data sources, cleansed, transformed and integrated to present a coherent and multi-dimensional view of a subject matter or theme. This application, besides providing standard pre-formatted reports on the click of a mouse, also enables end users to seek answer to their ad-hoc queries and build possible future scenarios using what-if capabilities of the system. LocalKonnect’s subsidiary ëlocal, eFarm, eEducation under its flagship initiative develops tools and models that provide professionals/companies with a new and rich perspective to look at their career/business.