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What is ARM? – The largest IPO 2023 debutant company
What is ARM? What exactly it does do? Not a well-known name, but how it is a super important player in the semiconductor chip supply chain? ARM (prev. Advanced RISC Machine) Arm designs architecture for CPUs. These designs are then used by chip makers like TSMC, and Samsung, as well as chip designers like Apple,…
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The cost of the largest traffic jam in the world
When you hear of the largest traffic jam, you must be imagining cars, buses, and trucks waiting on a road for hours or days. But what if the largest traffic jam in the world is not on the road? Yes, you heard it right. It is in the sea. More than 200 ships are waiting…
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Challenges of internet of things (IoT) implementation
As someone who has worked in the Internet of Things (IoT) industry for more than five years, I have an unpopular opinion. The IoT industry has not grown at the pace at which it was expected to grow. I’ll focus this article completely on Industrial IoT. I feel this because of the number of challenges…
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Product market fit
What is product market fit? 50% of startups fail because of a lack of product-market fit. What is product-market fit? When a product solves a customer’s pain point and adds the required value, it has achieved the product-market fit. In simple terms, the product is benefiting the customers to a level where they are ready…
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Microeconomics vs macroeconomics
What is the difference between microeconomics and macroeconomics? How are they related? Microeconomics When will my car be delivered? When would the new model of my phone be available? What price should I keep for my product? What is my profit margin? How much is the demand for this TV model? These are some normal…
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Minimum viable product (MVP)
Post the prototype stage in the product development process, the minimum viable product (MVP) is meant to test of product’s ability to solve a problem. Making hypothesis A startup is nothing but a solution to a problem of a customer. Naturally, the starting up process starts with finding a pain point of a customer/s. When…
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Customer delight
What is customer delight? And how is it different from customer satisfaction? Customer Delight A good publicity for the product occurs when you bring a smile on a customer’s face. Customer delight happens when you provide something more to the customer apart from the basic proposition of your solution. It is not the same as…
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India GDP 2023 for Q2
We look at the economic growth rate of India i.e. the growth of India’s GDP 2023 which was released by the National Statistical Office of the Ministry of Statistics and Programme Implementation of the Government of India Economic growth rate of India GDP growth Q2 2023: 7.8%Period: April to June 2023 Past India GDP growth…
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Breaking down problems
Product problems can often be overwhelming. It is difficult to know where to start and visualize. Breaking down the problem into smaller parts and solving it one by one is the appropriate way to approach it. Know the “why”? The first step in breaking down is to know the “why” behind the problem which you…
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Problem space vs solution space
The basis of any product is the customer’s pain point. Great products solve scalable problems in an efficient way. This is achieved when the customer needs and product requirements are addressed successfully. And both have to be given their own due respect while building products. The problem space and the solution space must be separated…