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Friday, November 20, 2009 12:44:30 AM
This is what excites me about the longer term future of IMGG (and why I hope that he is planning to keep going): Dean has talked about this as being a disruptive technology (Wikipedia - "Disruptive technology and disruptive innovation are terms used in business and technology literature to describe innovations that improve a product or service in ways that the market does not expect, typically by being lower priced or designed for a different set of consumers.") I think that the larger market that Dean is thinking about is not what we are trying to neatly fit it into. It will be a whole new market. And how do we quantify that? Entities that never thought about having a diagnostic device like this might be able to afford one. I don't think we know where this is going. The non-medical market hasn't been well described or quantified, for one.
My husband and I were talking about IMGG and were remembering some old quotes we love. (We are from the Pleistocene era, and when we met we were working at a telecommunications giant that only had desktop computers for those in data analysis. The marketing department had none. We were just starting to see clients putting computing networks in their businesses and were dealing with telecommunications challenges. No one, I mean no one, would have imagined the explosion of computers to the personal market.)
"I think there is a world market for maybe five computers." — Thomas Watson, chairman of IBM, 1943.
"There is no reason anyone would want a computer in their home." — Ken Olson, president/founder of Digital Equipment Corp., 1977.
It's not a piece of a pie that is the issue in my mind. It's that the pie will get really big. Heck, the pie could turn into a bakery. So many places this (more affordable) machine could end up that we're not able to calculate right now, IMO.
Thanks for listening to my thoughts. I would be very happy to see $5 in the near future. GLTA.
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