The Sirius Travel Link service was announced by Sirius Satellite Radio at the Los Angeles Auto Show in November 2007. Initially, the system was to be placed exclusively in the new 2009 luxury Lincoln MKS sedan as a companion to the Ford Motor Company's own next generation navigational unit. In January 2008, however, the carmaker expanded that placement to include the 2009 Ford Flex and F-150 pickup. Among the many capabilities offered by the Travel Link system will be assistance for the driver to find less expensive gasoline by comparing prices at nearby stations.
Fuel price information will be drawn from data supplied by more than 120,000 stations. Travel Link sorts the information according to price, driving distance, or alphabetically depending on what the driver requests. The companion navigation system can then route the driver to the selected station. Additionally, the Travel Link system provides information on traffic data, weather, sports, and movies. Real time information on traffic speed and flow including the presence of accidents and other impediments allows navigational re-routing around problem areas. Weather data covering the nation coast-to-coast supplies current conditions, storm tracking, wind speed, and five-day forecasts. Where applicable, Travel Link will even tell you how the conditions are rated at the nearest ski resort.
Sports enthusiasts will find much to love in the data system, which can return scores and scheduling information for football, basketball, hockey, automobile racing, and golf among others at both the professional and college levels. The user personalizes the delivery of the material by their individual teams and areas of interest. Movie listings are drawn from more than 4,500 movie theaters with the system providing show times and lengths, theatre addresses, and even ratings for the film in question. Combine these extra services with the wide variety of radio programming for which Sirius is already known and the goal is to create an "in-car" experience in tandem with a knowledge database suited to the needs of both drivers and passengers. The information available is intended to meet the driver's needs for safe, efficient driving as well as to augment leisure and recreational outings for the driver and passengers.
For the included Ford and Lincoln models an introductory subscription of six months for both the Travel Link service and SIRIUS Satellite Radio will be included. This marriage of entertainment, data, and navigational systems is a foreshadowing of the level of in-cab information technology that will become prevalent in 2009 and later models as drivers come to expect more and more of their vehicle's onboard systems. SIRIUS and Ford will be showcasing their joint technology at the annual Consumer Electronics Show in Las Vegas the week of January 7 and working systems will begin to appear late in 2008 as the 2009 models reach dealer lots.
Information Technology To Business
A leading information-technology outsourcing company in China, HiSoft Technology International Ltd (HiSoft) serves its clients through offices in China, Japan and the United States. Li Jinsong, vice-president and head of the company's Japan Business Group, talked to InnovAsia analyst Tina Wu about how HiSoft chose to first enter Japan via a joint venture, and then established a wholly owned subsidiary four years later.
When HiSoft was founded in the Chinese city of Dalian in 1996, the company did not consider setting up a full-time foreign presence. At that time, it was far more common for a foreign company to expand into China than for a Chinese company to go overseas. Rapid business growth and the strong potential of the Japanese market, however, inspired HiSoft's core management team to consider setting up operations in Japan.
Once HiSoft made the decision in late 1997, the first question it had to settle was whether to go by itself or through a joint venture.
A detailed market research is essential for a successful product launch. Reviews on former product launches will give a better idea on the methods of product launching. Competition prevails on similar products, and false information may lead to heavy loss.
When compared to trade shows, business seminars are more apt for a new product launch. Whichever method is applied, it should never fall into the hands of the competitor.
E mail marketing should be generated after a product launch. Joint ventures also will instantly increase the marketing. The products survive in the market with a proper product launch. Certain companies fail to promote their product just because their product launch was not up to the mark.
Li: Local experties needed to open doors
According to Li, though HiSoft was already profitable, the company was still small and lacked capital. More important, it would need a local partner's sales expertise to help open doors to major clients in Japan. Japan's IT market at the time was still fairly closed and dominated by a few giant players. Hence HiSoft began looking for partners despite its unease over the prospect of potentially losing control over the subsidiary.
After over a year of negotiations with several systems-integration companies, HiSoft selected JBCC Co Ltd as its joint-venture partner. JBCC is one of IBM's biggest partners in Japan, employing more than 1,600 people in Tokyo and Osaka. Its scale of business and relationship with IBM guaranteed HiSoft's initial survival in Japan. HiSoft entered into a 40-60 joint venture with JBCC in 1998, and the new company, JBDK Co Ltd, mainly handled projects brought in by JBCC.
Adopting JBCC's management model where appropriate, HiSoft experienced little difficulty during the transitioning period, with annual growth rates of more than 100 %. It soon realised the limitation of the joint-venture model. In 2002, HiSoft established Haihui Sci-Tech Japan Co Ltd, a wholly owned subsidiary. It now serves a broader range of customers.
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