The meeting started exactly at 3 pm.In the beginning, speaker Sooraj
Dhanuka explained the terms Blue Ocean and Red Ocean. Most of the attendees
were not aware of these terms.
"Blue ocean" is a slang term for the uncontested market space for an
unknown industry or innovation. Blue oceans are sectors associated with
high potential profits.In an established industry, companies compete with
each other for every piece of available market share. The competition is
often so intense that some firms cannot sustain themselves. This type of
industry describes a red ocean, representing saturated market share
bloodied by competition.
Sooraj then gave lot of examples of how the Blue oceans gradually became
Red. Later, he gave examples of FOSS related blue oceans and the
opportunities for startups. He descirbed his own experience when he tried
to explore those sectors.It was an interesting speech, especially for
students who could take some inspiration from Sooraj.
In the next session we had lot of discussion on various activities that
ILUG-BOM would like to initiate. The team asked new participants about what
they really expect from ILUG meets. It was then decided to conduct sessions
for Students, Teachers and Computer Novices on basic skills like - using
Linux,using Libre Office, creating Word Press Websites etc.
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