Today Nasscom had organized under their product forum umberalla a talk by Sridharan Mani, CEO of American Megatrends India. The topic was IoT – The Big Thing. American Megatrends, known worldwide for their AMI PC BIOS have expanded into storage and in recent years to Embedded devices and IoT for Healthcare, Telematics and other areas. Few weeks ago I had listened to an interview with their Founder & President S Shankar in TwiT podcast with Leo Laporte .

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Any business comprises of a lot of elements such as the management team, employees, equipment, work place, and most importantly finances. Even if it is an organization such as a school or university, keeping a track of the assets becomes an integral day to day work. With so many activities happening, it may become a bit of a challenge to keep track of your assets, and asset related stuffs like warranties, guarantees, maintenance, etc.

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Starting from a child in school to an elderly person working on a household activity, everyone gives and gets feedback. The child at school either, goes back to the teacher and says, he did not understand the chapter taken today in class or the teacher goes to him and says he need to pay more attention during the class to understand better. People need to be told how they're doing. Without feedback, you're walking blind. At best, you'll accidentally reach your goal. At worst, you'll ramble worthlessly through the dark, never reaching your destination.

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