AI Engineer | Coder ...ย โขย 1y
Kodak: Missed the Picture! โWe developed the worldโs first consumer digital camera but we could not get approval to launch or sell it because of fear of the effects on the film market.โ - Don Strickland Former vice-president of Kodak Kodak, a technology company that dominated the photographic film market during most of the 20th century. The company blew its chance to lead the digital photography revolution as they were in denial for too long. Steve Sasson, the Kodak engineer, actually invented the first digital camera back in 1975. โWe developed the worldโs first consumer digital camera but we could not get approval to launch or sell it because of fear of the effects on the film market.โ -president of Kodak Don Strickland The management was so focused on the film success that they missed the digital revolution after starting it. Kodak filed for bankruptcy in 2012.
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In 1975, a Kodak engineer built the worldโs first digital camera. It could have changed photography forever. But Kodak dismissed it, saying: โThatโs niceโdonโt tell anyone.โ What happened next became one of the biggest business mistakes in history
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Why is Innovation and Adaptability important ? Billions To Bankruptcy #5 In 1888 Kodak released the first simple camera for the general public with the slogan "You press the button, we do the restโ.The Kodak Roll flim Camera's user-friendly operati
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Kodak: A Giant that Missed the Digital Revolution Kodak, a pioneer in the photography industry, dominated the market with 90% market share in the 1990s. But by 2012, it filed for bankruptcy. What went wrong? The Missed Digital Wave: In 1975, Kodak
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Hey You all remember "Kodak" which used to be the biggest brand of camera world wide? Kodak completely disappeared from the market due to it's one small but major mistake, the same mustake which lead to the creation of other brands like Lamborghini,
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Ever wondered how Kodak, once the leader in photography, disappeared from the market? This is what happens when you refuse to adapt to changing times. Kodakโs engineer created the first digital camera in 1975. But the company ignored it, fearing i
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Why Kodak Failed? Kodakโs Missed Opportunities: They were scared that pushing digital too soon would hurt their booming film business. Failure to Monetize Digital: When Kodak eventually jumped into the digital camera market, they focused too much o
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