Letter to a friend from Jean Devos
restart of the activity, many others expressed a very different opinion, due to the huge excess capacity still sitting in the water! I am personally convinced that the years to come will be difficult, may be more difficult. Many in our industry have not recovered from the recent “boom”, and keep dreaming, hoping, waiting for a return to this “bubble”, using the words “Business”, “Market”. The Terabit global network has been built. Seamewe 4 and Falcon are filling the missing segment of this network. They are in a way the last projects of the past period. The period to come will not be dedicated at building rapidly “a new global network”, but to a continuous adaptation of the existing one. And this requires a different culture! “. We need to learn living in a modest “activity”, and forget the 10B$/year “business”. The success in the 10 years to come is for lean organizations, for frugal and modest teams. Let’s not speak anymore about “how to survive”
My Dear Friend
as if we could only live well in an explosive market. Let’s restructure our industry, let’s establish a culture Baltimore. It is good to see this “new” Tyco! It seems
and methods, which brings some profit in each
It is only too bad that you were unable to
to me that Tyco management has taken the measure
projects even small.
attend SubOptic 2004 last month in Monaco. So nice
of the new situation and approaches it with a new
My friend, you know that we are back to
to meet all these friends, the very core group of folks
culture and a pragmatic determination. Welcome and
farming for our day-to-day food. The gold hunting is
so dedicated to our activity. You would have enjoyed
thanks to this new Tyco.
closed.
the social events!
It is true to say that there was not a lot of
You may be aware by now that Tyco took the
optimism around in SubOptic 2004, and when some
ball and will be the host for the next event in 2007 in
were of the view that Monaco would be a kind of
Jean Devos 44