In our lives Y2K would rank as the most widespread, tense, intriguing
countdowns. Computers had become such an integral part of lives from 1980s –
2000. With the switch over from 99 to 00 and the turmoil that it was expected to cause, gripped for many years till the turn
of the millennium. The task was simple - to reset- recode all systems which
were using a dd-mm-yy to move to dd-mm-yyyy, so that from 99 it does not move
to 00 but to 2000. The number of companies offering Y2K services, the number of
people who got jobs / took to learning computers was phenomenal. It is believed
the world spent some US$ 300 – 500 billion to manage Y2K change. In many ways,
I believe this was a big boost in setting up the IT advantage for India. Body
shopping was possibly at its peak then, with the dot com bubble fuelling it. The
next such challenge will come when 9999 moves to 10,000 some 8 millennium from
now…
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| Y2K what a start!!! |
The Millenium year certainly saw a lot of other events right from New
Year eve. Looking back, Putin took over Russia from Yeltsin and continues to
date. India exchanged terrorists for release of hijacked passengers, something
that continues to haunt us till date. Nostradamus predictions (still unsure if it
applies to 2000 or 3000) did not come true as there was no apocalypse.
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| Digital assistants... |
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| recognize? |
The year ushered in hope in larger scale. It was no longer the turn of
a century but a millennium. Dotcom euphoria was its peak. Nasdaq had moved from
2200 in 1999 to 5000 in 2000 a movement of 2800 in 18 months – after this it
moved to 5100 in 2015. That gives a sense of the euphoria. Harry Potter came
alive to kindle imagination. Nokia 3210 & 3310 were the largest selling
phone in the world (together 250 million pieces)- it was not a smart phone and
probably the largest model of phone ever sold. iPod was in the making but a lot
of gadgets were on the way out! Walkman, Discman, Handycam were lifeline of
home media and entertainment. At office the digital diary was following the
pagers into obsolescence and the Palm PDA was the digital assistant.
Work life was exciting. 120 days of international travel in and out of
India was
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| International meet @ Lanka |
hectic. Serious attempts at large acquisitions gave a clear sense of
how not to day dream and like they say ‘it’s not over till you sign on the dotted
line’ or ‘nothing is complete till the paperwork is done’. Developing an international business unit in
an Indian firm where India had little to offer and International rejected what
India had to offer was a unique experience. It was that David vs Goliath
experience at home and abroad. Anything new needed by global units was far from
India’s priority – how can the tail wag the dog?... was a ubiquitous
question. If anything came out of the
mayhem with young minds imagining a global brand/ company, the international
markets would immediately swat it off saying it reeks of India and is not
international. But the number of markets me and my team started travelling to
was phenomenal and what a learning it was. Going out just enhances
perspectives, opens up the mind and almost always enriches the person.
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| where r u? |
Y2K (Year 2000) was a great milestone to cross for all not just because
of the Y2K problem, which turned out to be a whimper, but because it opened up
the flood gates to a 1000 years of whole new possibilities…the biggest I reckon
is communication – 2 million subscribers of any mobile service in 2000 to a billion in 2012 in India alone... what an
explosion…
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