“Mr. Watson, come here, I want you.” With these words, spoken by inventor Alexander Graham Bell into his experimental telephone on March 10, 1876, an industry was born. For down the hall, Bell’s assistant, Thomas Watson, distinctly heard Bell utter the first spoken sentence ever transmitted via electricity. That achievement was the culmination of an invention process Bell had begun at least four years earlier."
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Follwoing is a News from Lazygeek.net
This note on moneycontrol.com says that Life Insurance Corporation of India is planning to implement the largest insurance datawarehouse in the world by 2007. LIC is looking at a 60 terabyte Data Ware House size in the first phase. The application provided by Teradata – a division of NCR, will enable LIC to study trends not only among customers but also its 1 million strong agency force. The project will be implemented by Wipro and is estimated around Rs 40 crore (Rs 400 million), to Rs 50 crore (Rs 500 million).
Hey, i heard only 10% of the Indian Population is Insured under Life Insurance Corporation.. That means out of 100 Crore, only 10 Crore people are insured.. So, Life Insurance is spending 50 Crores for 10 Crore people.. that Rs. 5 Per Head.. (See im becoming a Statistical Genius..)