SM: What came after Alewife and VMW? AA: I did VMW in 1994 – 1995, and in 1996 I came back to MIT. I started the Raw effort in 1996. Looking at processor design, we felt that in another 10 years we would have chips with billions of transistors and we wanted to discover how you would build processor chips in that era.
We came up with a basic multicore design, and we published that design in IEEE Computer in 1997. That was a design we published which had 16 tiles, and they used a mesh interconnect. We got funding from DARPA and began working on the project in 1996. We demonstrated the Raw project, which was a 16 core tiled multicore chip, in 2002. We collaborated with IBM in building that chip. >>>
SM: Where did you go after Stanford? EB: The first company that offered me a job was Zilog. They were the second microprocessor company in Silicon Valley; Intel was the first one. The inventor of the microprocessor, Federico Faggin had left Intel and founded Zilog.
I joined him about 12 to 18 months after he had started the company. There I learned about microprocessors straight from the inventor, so it was absolutely terrific. At the same time I had learned about networking from my visits to Xerox. Within a couple of years, I found myself building more complex microprocessor systems. Zilog was a great learning ground but a poorly managed company. the engineering had absolutely no direction, it was like a play yard. >>>
I have just published an interview with Steve Singh, Concur’s CEO. In it, I trace the Concur (Nasdaq: CNQR) story in a great deal of detail that is well worth understanding, to see why this company has a strong growth opportunity ahead.
As I said earlier, the SaaS and Extended Enterprise trend alignment are good factors, but there are some additional strategy points that I would like to make, which offer huge prospects for Concur’s growth.
Concur is very well-positioned to sell its services to not only enterprise customers, but also Small Medium Enterprises (SME). Now, to fathom the importance of this opportunity, one needs to look at the history of software companies and their at large lack of success in penetrating SME.
But even before that, ask yourself the question, why is SME important? >>>
Top Players and Rankings
With more and more users going online for quality content on health, fitness, medication, and expert advice, there is a rising demand for healthcare portals. Some of the top sites for health are WebMD Health, NIH.gov, MSN Health, Yahoo! Health and EverydayHealth. Health queries, medication, symptoms are very popular among users.
According to comScore Media Metrix, WebMD Health is the leading health portal with 17.1 million average monthly unique visitors in Q1 2007. NIH.gov was second with 9.8 million average monthly unique visitors in Q1 2007. MSN Health had 8.1 million average monthly unique visitors and Yahoo Health had 6.7 million average monthly unique visitors during the same period.
Online health portals are experiencing rapid growth. Healthline, launched in 2005, grew by 269% to 2.7 million average monthly unique visitors in Q1 2007 from 0.8 million average monthly unique visitors in Q1 2006. QualityHealth grew by 114% to over 2.6 million average monthly unique visitors during the same period. >>>
When I arrived at MIT in 1993, Anant was in the midst of his first startup, decidedly bitten by the entrepreneurship bug. The project I was on was Alewife, which Anant discusses below. Many of the ideas and breakthroughs in Tilera date back to the research we did during Alewife. At the time, I was young and naive, and did not understand yet how these advances might be brought to market.
Throughout history, often technology and innovation has preceded the market by decades. The best example of this that I can think of is the Digital Camera, which was invented in the mid-seventies, but took until the late nineties / early two thousands to really gain market foothold. Similarly, concepts of Tilera have evolved over the last twenty years of Anant’s career. >>>
Eric discovered, at a very early age, one of the most common attributes of entrepreneurs: “I want to do things my way!” This, however, was not welcome in France, where he was growing up.
SM: The old “I am going to do it my way” saying … EB: That’s right. I even started a small business when I was 13. I had observed that where I grew up, in the town of Grenoble, there were quite a few abandoned bicycles and mopeds. I felt there was quite a bit of waste there, and recognized there should be a business in recycling parts. I started a business recycling moped parts with my friends. >>>
SM: Do you wish Raychem was around as an independent company today? PC: Yes, yes I do.
SM: Why did you make the choices you did regarding Raychem? PC: I made the decision to retire at 66 because I believe the CEO has to be young and vigorous. When I retired I decided the best thing for me would be to get away from the company and let the new younger people take it and run with it. I even resigned and retired as the chairman. I was not on the Board when the company was sold.
SM: Do you ever get approached by the private equity people to take it back? PC: Yes, but it wasn’t feasible.
Online Health is definitely attracting eyeballs and the recent data released by comScore proves it. On an average, 31% of the total U.S. Internet users or 55.3 million U.S. Internet audience visited health information sites each month during the first quarter of 2007.
The online health segment grew by 12% in 2006. These sites are generating health consciousness among the users at a scale unknown before.
A survey conducted by JupiterResearch in 2007 on the behavior of the online health care consumers throws up some interesting facts. JupiterResearch estimates that almost two-thirds or 65% of the total U.S. online healthcare consumers click on the search results because they are relevant. Around 10% of the above Internet users conducted research for their spouse and 6% for a child. >>>