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Engineering Economic Analysis

Posted: December 20th, 2011 | Author: | Filed under: Economy, Entrepreneurship, Experience | 3 Comments »

I have recently finished a project related to economic analysis on an engineering project. It’s done together with Foo Piew and Wong Ning. Among the key takeaways from the project for me are as follows:

  1. Depreciation reduces tax incomes. One day, when I started earning money, I would first find a way to reduce my income tax than any other things.
  2. Software marketing is the hot thing now. It has one of the highest returns of investment. Things that I can relate:
  3. McKinsey, one of the leading consulting companies, has 21 software products. Having said that, McKinsey would be a very profitable company even without their consulting services.

Other related Softwares news, you might relate Deccan Herald.