How Winning Companies Sense and Respond to Change Using Real-Time Technology. Meet the future head-on with this incisive book that details emerging trends that will affect all businesses as they progress through the 21st century. Today's technology has become vital to the speed and performance of business. The fast-paced, high-stakes world of technology is infiltrating business everywhere, through the extensive use of high-speed networks, powerful desktop computers, the Internet, and integrated information across many systems. Customers are also demanding that everything be done faster, at lower cost without sacrificing quality. How will your company compete and prosper in the new millennium? How can you raise your company above the ravages of creeping commoditization and gain that crucial, elusive competitive advantage? The answers lie in becoming event-driven. Event-driven companies (those that acquire, deploy, and wisely exploit real-time information) are the most successful at sensing and responding to the events that drive their businesses. They use the power of real-time information to drive the development and delivery of new products and services. The winning approach presented in this book will benefit any company competing in this age of globalization, emerging technologies, and ever-increasing competition. After reading this book, you will be able to employ the technology to create real-time operations, and you will have the tools, mindset, and organizational structure that enable you to do the right thing at the right time. And the right time is now.
Vivek Yeshwant Ranadivé is an Indian-American business executive, engineer, author, and philanthropist known for his pioneering role in real-time data processing and his ventures in professional sports. Born in Mumbai in 1957, he moved to the United States to attend MIT, where he earned degrees in electrical engineering, followed by an MBA from Harvard Business School. He began his career in tech by founding a UNIX consulting company and later held leadership roles at Ford Motor Company and other tech firms. In 1985, with seed funding from Teknekron Corp., Ranadivé founded Teknekron Software Systems, a company focused on real-time computing. He went on to establish TIBCO Software in 1997, revolutionizing the way businesses process information in real time. His work has made a lasting impact on enterprise software, and he has shared his insights through bestselling books such as The Power of Now and The Two-Second Advantage. In 2010, Ranadivé became the first person of Indian descent to co-own an NBA team as vice chairman of the Golden State Warriors. He later led a group to acquire the Sacramento Kings in 2013, becoming their principal owner and chairman. In 2022, he expanded into Minor League Baseball by purchasing the Sacramento River Cats. He also founded Bow Capital, an early-stage venture capital firm. Outside of business, Ranadivé coached his daughter’s youth basketball team, a story that gained national attention through Malcolm Gladwell’s writing. His daughter Anjali, also known as Nani, is a singer and marine conservationist. Ranadivé continues to champion innovation, sports leadership, and philanthropy while maintaining a strong presence in both Silicon Valley and professional sports.