Friday, January 28, 2011

Warm weather and a good mood at Photonics West

The mood at Photonics West reminded me of a team when it’s winning its games. The mood was good and no one wanted to spend too much time second guessing what they are doing. Whatever they are doing, it’s working.

This is no surprise, really, given that photonics markets were all up in 2010 over 2009 (see the annual Laser Focus market article--more on the other markets in future posts). Just showing up is an accomplishment, two years after the recession hit.

This is in sharp contrast to this time 2009, when it still wasn’t clear how deep and how long the recession would go. While the recession itself wasn’t the fault of the photonics industry, the stock market was nervous. Company executives had to go over and over their businesses and make corrections. All the while hoping for a few big wins.

If you listen carefully, there were whispers that not everyone is better off than last year. Especially among the smaller, private companies, and among venture financed companies that might be running out of time for a successful exit. And while some said that credit and investment has thawed, others said that the money is going elsewhere. It depends who you are.

But that's for another day. The event broke its record with over 19,000 attendees, split approximately evenly among conference attendees, show attendees, and exhibitors. Even the weather was unseasonably warm.

No one is second guessing the move to San Francisco anymore either. SPIE is happy with the San Francisco location and has no plans to return to San Jose.

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