When+Technology+Changes+Business

When+Technology+Changes+Business - When technology changes...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
When technology changes business Time and again, history has taught us that the technologically superior win — be it nations, civilisations, individuals or companies. The radio industry was booming till the early 1990s. But the mobile phone changed it all. Now, the radio industry is limited to only a few companies which are able to sell on the content they offer, rather than the technology. The mobile is the perfect example of a technology which led a disruptive change among many industries. Companies tried to win against this technology rather than among themselves. The businesses around digital camera, personal computer, MP3 player, calculator — all underwent a disruptive change. Many, like camera-makers, forayed into digital medium with high resolution as their forte. Others like the digital and wrist watch industry were severely impacted with the advent of mobile phone. Similarly, the snail mail industry and along with its mascot — the erstwhile ubiquitous postman — lost his job, all thanks to email and the internet. Interestingly, it’s in war
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

When+Technology+Changes+Business - When technology changes...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online