Some say that we cannot stay at the same point forever, there must be something called innovation in order to make ourselves better and progress. Likewise in doing business and developing technology, the company is expected to be able to meet the needs of a growing market with new things.
The following companies are arguably technology companies that were successful in their time, but had to accept defeat because they failed to adapt. Who are they? Here he is reported by Time.
1. Blackberry
Before the iPhone, Blackberry ruled the cell phone. Admit it, whose first cell phone was a Blackberry?
Blackberry is a smart phone that can be connected to the internet, send and receive email to provide short message service Blackberry Messenger or BBM. According to a report from Motion, Blackberry managed to sell more than 50 million units in 2011.
But the failure arose because BB refused to adapt to using a full touchscreen display. Finally, in 2016, Blackberry could only sell 4 million units.
2. Netscape
The web browser, which was launched more than two decades ago, had topped the list. However, his important role in the antitrust lawsuit he won against Microsoft had an impact on Netscape's survival. Although Netscape won the battle, Netscape ultimately lost the browser war. Netscape eventually sold the company to AOL for SD 4.2 billion.
3. MySpace
MySpace had entered the ranks of Time's 50 best websites. This platform even often produces 'internet artists', artists who are popular among social media.
However, MySpace eventually lost to Facebook. Some observers blame the bureaucratic chaos that followed after NewsCorp bought parent company MySpace in 2005.
4. Altavista
Ever heard of Altavista? Altavista is a search engine that was popular in its time, but had to lose competitiveness with Mbah Google because of poor management. Had been sold here and there, Altavista finally closed as well.