Technology has been the defining force of the Information Age.  Technology has given us an appreciation for speed, global communications, connectivity, miniaturization and of course computing power.  We embrace new generations of computers, cell phones and digital content players.  Many of these innovations, as they increase in power, generate heat. As they decrease in size there is often a proportionate increase in generated heat.

Decades ago, the large main frame computers were housed in large refrigerated rooms.  Today server farms reside in similar cooled environments.  Heat can cause computing and networking equipment to malfunction, slow down operating speed and in extreme cases to simply fry.  Any of us who have actually put our laptops on our laps when working know how fast they can heat up.  Desktop PCs have more powerful fans built in to keep them cooler and therefore operating closer to the maximum speed of the installed processor chip.  We are, however living in a world of increasing mobility where the laptop is fast replacing the desk top.  This means that often the laptops we use are not operating at peak efficiency due to generated heat.

This is not something to which I had given much thought as I had accepted this as one of the accepted limitations of mobile computing.  Laptops provide mobility but must sometimes sacrifice performance due to heat generation because of the demands for compact computing.  Last week however I was given much to think about.  As mentioned in my prior column I had traveled to …

Amazon’s introduction of the Kindle electronic book reader feels momentous. It is the first time that the long anticipated, much debated future of the ‘ebook’ feels ready to begin in a meaningful way.

During the past ten years there has been great debate about the ebook.  Generally speaking there have been three points of view on the subject.  The first one comes from the true believers that the ebook is inevitable and that it would ultimately gain a noticeable and then sizable market share of publishing.  The second viewpoint is that while there would be a market for the ebook it would never really capture more than a marginal market share.  The third viewpoint was that the physical experience of reading an actual book is such an integral part of the reading experience that the ebook would never really catch on.  I am one of those that hold the first point of view.

In a column here last summer I wrote:

“e-books will ultimately gain significant market share.  This will occur when there is an ‘iPod moment’; when a device comes out that is low priced, wonderful to use and perceived to be cool or hip.  Once this occurs there will be a rapid increase in the percentage of books sold digitally, probably leveling off around 40 – 50% by 2025. Impulsive buys, such as at airport book stores will become “purchase, plug-in and download’. While those of us who have grown up with the wonderful tactile experience of ‘curling up with …

In the 60 year history of computers, there has been a constant improvement of computational speed.  Ever faster has always been one of the driving metrics of the industry.  Moore’s Law has been manifested with desktops and laptops to the point where the computers we use are as fast as we need.  The machines we use today are incredibly faster that those we used at the turn of the century.  The power of these machines however is dwarfed by the super computers now being developed.

It is in the arena of super computers that both the outer and inner reaches of reality can be explored.  The advanced computer modeling and the running of complex scenarios and of course the ability to beat a human chess grandmaster is the realm of super computers.

The world’s fastest computer is being built and installed at the Argonne National Laboratory in the western suburbs of Chicago. IBM Corp. and the Department of Energy, which owns Argonne, have contracted for a new supercomputer that is now being installed with a peak capability of 445 teraflops, or 445 trillion calculations per second. The current record-holder is the Department of Energy’s Lawrence Livermore National Laboratory in California, which has an IBM Blue Gene/L with a peak capability of about 360 teraflops….

Intellectual Property (IP) has always been important.  However, as I have written here, in the last 30 years, it has replaced hard assets as the most important part of corporate valuations.  In the Shift Age IP will be the most important asset that any individual or company can own.  The ability to create value, transactions, liquidity and ultimately an open marketplace of Intellectual Capital (IC) is therefore one of the most important historical developments that lies ahead for the emerging global economy.In a couple of recent columns, I have written about the efforts of one company, Ocean Tomo, to lead the way into this new future of IC.  Today we publish an interview with James Malackowski, Founder and CEO of Ocean Tomo.

James E. Malackowski is the President and Chief Executive Officer of Ocean Tomo, LLC, an integrated Intellectual Capital Merchant Banc® firm providing valuation, investment and risk management, corporate finance and expert services.   Ocean Tomo assists clients – corporations, law firms, governments and institutional investors – in realizing Intellectual Capital Equity® value broadly defined.  Subsidiaries of Ocean Tomo include: Ocean Tomo Auctions, LLC; Ocean Tomo Asset Management, LLC; and Ocean Tomo Capital, LLC — publisher of the Ocean Tomo 300® Patent Index (Amex: OTPAT), the Ocean Tomo 300® Patent Growth Index (Amex: OTPATG) and the Ocean Tomo 300® Patent Value Index (Amex: OTPATV).
Mr. Malackowski is an internationally recognized leader in the field of Intellectual Property (“IP”) management as well as a noted expert in business valuation and …