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communication industry

One hundred and twenty five years ago in 1876, Alexander Graham Bell, invented the telephone. With this invention the communications industry originated. The following 125 years have seen an evolution of communication equipment, lead by Bell Laboratories, now the Research and Development department of Lucent Technologies. The three segments of this industry growing at the fastest pace include optical networking, wireless, and access equipment. This paper will analyze the optical networking segment in detail.

Bell Laboratories first developed fiber optics in the 1970's. The equipment transforms electronic signals into light that is pulsated by lasers through fiber-optic cables, which consist of thin glass fibers. The first full-service fiber optic telephone system was located in Chicago during the late 1970's. Today, nearly all long distance traffic is carried through fiber-optic cables.

The clear growth driver of the optical segment is dense wavelength division multiplexing (DWDM) systems. These systems are projected to grow between 50% and 60% in 2001. Breaking this down even farther finds growth projections of 56% for long-haul systems used to carry


The third factor is integrating acquisitions. As consolidation sweeps across the industry, it is widely believed that the easiest way to grow is simply by acquiring technology then through internal development. These acquisitions add instant manufacturing capacity and allows for the integration of technologies to work together in the finished product. Companies who successfully integrate their acquisitions will continue to grow rapidly with outstanding performance.

The optical segment is still very youthful. It is in the transition between pioneering and growth stages. At this point, manufacturing is still done largely by hand, as automated production capabilities have yet to be invented. To add to this problem is the changing technology, which swiftly outdates previously produced components. The company that first automates their manufacturing procedures will have a significant competitive advantage over their peers.



Some common words found in the essay are:
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Approximate Word count = 1331
Approximate Pages = 5 (250 words per page double spaced)


  

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