19,842 research outputs found

    The rise and demise of Lucent Technologies

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    We analyze the rise and demise of Lucent Technologies from the time that it was spun off from AT&T in April 1996 to its merger with Alcatel in December 2006. The analysis, contained in the three sections that form the body of this paper, considers three questions concerning Lucent’s performance over the decade of its existence. 1.How was Lucent, with over $20 billion in sales in 1995 as a division of AT&T, able to almost double its size by achieving a compound growth rate of over 17 percent per year from 1995 to 1999? 2.What was the relationship between Lucent’s growth strategy during the Internet boom and the company’s financial difficulties in the Internet crash of 2001-2003 when the Lucent was on the brink of bankruptcy? 3.After extensive restructuring during the telecommunications industry downturn of 2001-2003, why was Lucent unable to re-emerge as an innovative competitor in the communications equipment industry when the industry recovered?Communications equipment; innovation; global competition; financialization

    Autonomous Mobility and Energy Service Management in Future Smart Cities: An Overview

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    With the rise of transportation electrification, autonomous driving and shared mobility in urban mobility systems, and increasing penetrations of distributed energy resources and autonomous demand-side management techniques in energy systems, tremendous opportunities, as well as challenges, are emerging in the forging of a sustainable and converged urban mobility and energy future. This paper is motivated by these disruptive transformations and gives an overview of managing autonomous mobility and energy services in future smart cities. First, we propose a three-layer architecture for the convergence of future mobility and energy systems. For each layer, we give a brief overview of the disruptive transformations that directly contribute to the rise of autonomous mobility-on-demand (AMoD) systems. Second, we propose the concept of autonomous flexibility-on-demand (AFoD), as an energy service platform built directly on existing infrastructures of AMoD systems. In the vision of AFoD, autonomous electric vehicles provide charging flexibilities as a service on demand in energy systems. Third, we analyze and compare AMoD and AFoD, and we identify four key decisions that, if appropriately coordinated, will create a synergy between AMoD and AFoD. Finally, we discuss key challenges towards the success of AMoD and AFoD in future smart cities and present some key research directions regarding the system-wide coordination between AMoD and AFoD.Comment: 19 pages, 4 figure
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