Unlocking the Trillion Dollar Opportunity!!
- 1 minIn 1998, Kodak sold 85% of photo film worldwide.Next few years Digital Camara slowly overlap the photo film.
In 2003, Iconic 1100 phone sold more than 500 million units by Nokia in an year. Which is highest selling phone till now.
In 2010, Blockbuster one of the most recognizable brand in the video rental space having around 9,000 stores & more than 60,000 employees. The company filed for bankruptcy protection.
In 2015, All the telecom operator in world together send 20B messages, which is less than 30B message send by the WhatsApp in a day.
All the above well-known & monopoly companies are bankrupt & certainly there business model disappears!!
“People think the CEO/directors of those companies must have been dumb not to see what was happening, but they were not dumb, they were very, very talented people, but they still missed the transition and made assumptions that were shown to be pretty poor in hindsight, but seemed fine at the time”. This highlights the importance of having someone in the organisation asking, constantly, what are our competitors doing to disrupt our business and our business model.
We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, this transformation will be unlike anything humankind has experienced before.This exponential growth transformed our life tremendously, in just a few years.
Here are the few areas where disruption happened & it will alter the way of people life!!!
Here is the full story of [Digital Disruption] (https://medium.com/@skanda_shastry/unlocking-the-trillion-dollar-opportunity-20ba4c9a89a4) —