Thursday, October 28, 2010

Business News Views & Blues

As I finish up my degree this year - target graduation date, May 2011 - it's hard not to look around and wonder just where I'll find the most opportunity.

It's increasingly clear that there will be a lot of opportunity in health care. That is an industry I am keenly interested in, and I look forward to the class I start next week on the economics of health care. In one of our pre-reading assignments, PriceWaterhouse Coopers predicts that declining overall costs will mask myriad changes: a number of drugs are going generic in the next 3-5 years, employers are switching to higher co-pay plans with co-insurance, and health care firms are investing considerably in IT in order to comply with new government regulations. What was once a relatively staid industry is going to experience some significant structural changes.

The digital economy looks to be continue its dynamism. As Android devices achieve feature parity with Apple's iOS devices, we're going to see an explosion of developers developing for multiple platforms. In my opinion, there will be two levels here: one focusing on the front end user experience - the app on the phone; there is also the back end infrastructure, the piece that the front end ties into, which need not be specific to a device or platform.

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