Speaker:
Kambiz Hooshmand
Topic: After the Bubble, Real Value from Information Technology
Wednesday June 27, 2007
It has now been 7 years since the dotcom bubble burst, countless "hot companies" died, and over 9 trillion dollars of market value evaporated. So, what happens next? Over the past 200 years, there have been 5 major technological "surges" -- from with the Industrial Revolution in 1771 to the Age of Information and Telecommunications launched with the Intel microprocessor in 1971. I will review the work of Dr. Carlota Perez who has put forth the theory that technological surges tend to behave in consistent patterns -- moving from a 'big bang' technological innovation, through a period of "frenzy", and finally into a era of "deployment" where the true value of the technology is leveraged. Dr. Perez contends, and I agree, that we are just now entering this period of Deployment. It is my assertion that, believe it or not, the best is yet to come for the Age of Information and Telecommunications.
As we move beyond the bubble period where money flowed to anything resembling this "new technology", we will enter an era where - as Dr. Perez postulates - we will see the reemergence of 'Production Capital'.. that which is focused on increasing real capacity and real demand... not merely trying to make money from money in the "casino" economy of the past 10 years. As we move into true Deployment, we will see the lead being taken by companies who truly leverage the technology to make fundamental changes in the way we work and live and to the very paradigms which define "common sense" in this new era.
Kambiz Hooshmand joined AMCC as President and Chief Executive Officer in March 2005. Prior to AMCC he was with Cisco Systems, where he most recently served as vice president and general manager of Cisco's Optical and Broadband Transport Technology group. At Cisco, Mr. Hooshmand held several executive-level positions in Multi-Service Switching, DSL, Carrier Core and Multi-Service, and Optical and Broadband Transport business units. He joined Cisco as a director of engineering as part of the StrataCom acquisition in 1996. Mr. Hooshmand was one of the early leaders at StrataCom that developed the nascent Frame Relay market into what is now a multi-billion dollar worldwide services market. Mr. Hooshmand's work with both domestic and international carriers led to the deployment of many of the largest and most high-availability data networks in the world.
Mr. Hooshmand has over two decades of experience in core routing, VoIP, ATM, access and transport technologies.
Mr. Hooshmand holds a Master of Science degree in Engineering Management from Stanford University and a Bachelor of Science degree in Electrical Engineering from California State University at Chico
