Apps & More/பயன்பாடுகள் & மேலும்
USEFUL RESOURCES (June 2014)
App: Housing Market App (Link)
Web app using R & Shiny showing the variation in median new home price (MNHP) to median household income (MHI) in US between the years 1975 to 2012
Common masses, who are either busy with their own schedule or not into data analysis, are looking for simple charts and pointers. This app should help common people to get some idea on how the median new home prices (with respect to median income) has varied over a period of time.
Please take prudent decisions while deciding on larger investments - Consider the following:
i. your savings,
ii. job stability,
iii. your needs and wants,
iv. your short and long-term goals,
vi. size of the house to name a few.
If you're not an investor, and looking into buying stability through home purchase, perform thorough analysis through reliable, trustworthy sources before getting into this investment. Please also understand that one of the sources for housing bubbles happens to be when even one person with not much financial stability buys a house, and sets a precedence for others. Though that person might gain in the short-term, we have learned from the recent burst how such crashes impact the entire economy.
Key variables to consider:
Cumulative life time earnings, and home prices with respect to median household income. Having low interest is of no value, when there is no stability and real wage growth (price increases in health care, education, household expenses etc outweighs wage growth).
********** Remember, "Prosperity makes friends, Adversity tries them". *********
This initiative is directed towards financial discipline & management
CHEMISENSE - WEARABLE QUALITY MONITOR
As presented in the YouTube video, this unique concept to monitor asthma triggering chemicals in a proactive manner using innovative polymer based resistor technology certainly has value in the marketplace. Moreover, this technology encompasses various areas of focus such as, Computer Science, Chemistry, Engineering and Physics combined with crowdsourcing of data addressing the system thinking process. There are three major concerns that the team needs to consider:
1. The target audience
2. Proactive monitoring can promote stress and trigger Asthma (http://www.webmd.com/asthma/guide/stress-asthma)
3. Monitoring air quality does not solve the actual problem
The age group that we are talking about places this product in a tough spot. We are talking about kids, and teenagers, who may not wear these gadgets on a regular basis due to social pressure, or due to intrinsic playful nature of the kids. Moreover, a close proactive monitoring in the form of wearable gadget can cause anxiety amongst these kids, and potentially trigger stress-based asthma, whenever there is any deviation in the air quality from the norms. Most importantly, such wearable gadget does not serve the primary objective of improving the air quality.
Instead of making a wearable gadget, this group can look into collaborating with townships, municipalities and districts to install such monitors, and to generate heat map at different locations. Just my 2 cents thought .
Initial Product: https://angel.co/chemisense
Current Product: http://chemisense.co/features/
With only 4 or 5 major browsers serving 7 billion people, we need more browsers around the globe - At least 2 or 3 unique ones originating from each continent, and accessible throughout the world.
- Will share views on search engines soon.
OPERA BOOK (8/2/2015)
I was getting ready to add on to my gadgets, and then I remembered my PhD days when I had built three-four computers out of my own funds to run ab initio calculations for research work at University of Michigan, Ann Arbor. That initiative gave me so much satisfaction for the reason that I was able to build and accomplish something on my own, and also utilize it towards my research work. Along those lines, I am keen to explore building Opera-Book that utilizes the Opera ecosystem.
INTERESTING COMMERCIALIZATION IDEA
It is time that the inventors of internet get a fair share of credit, and revenue. I remember reading an article where the inventors had concerns about commercializing their efforts, but if there are others who reap the benefits at excessive level of risks, it is time for the inventors to get a fair share as well, and also taxpayers.
Steps to be taken:
While working on any such new venture (such as, search engines, private browsers etc), partnership should happen directly with the universities that played an instrumental role in the development of internet, and also to build a commercial team (private-public partnership - private, preferably smaller financial firms) as and when the development is happening. The team also needs to include related workforce, who are seeking jobs (supported with relevant training, if necessary). Additionally, creation of multiple smaller companies (with right support) is vital to optimize the growth of these companies to a reasonable level, and to limit issues later on.
Along with this initiative, this collaborative effort could also include customized products at a reasonable price for those who are not internet savvy or barely computer literate; Such products need not be limited to this group, but customization becomes essential.
The other area of focus being, streaming content - the top three companies own around 47% of the market share, and there is still significant market share left for new entrants. Further, there is not much competition in the ISP space. Here, targeted customer friendly, safe content offerings (privacy will also become an important factor) becomes essential. Moreover, customization based on the audience can also be explored. This team can partner with post office (known for connecting people for centuries), which is looking for new revenue stream. This kind of JV can also enhance democratization of content, and address net neutrality issues to some extent. -