Download App

Home

News

Pods

🚀

Startup Showcase

Notifications

Join our whatsapp channel for quick updates

Switch theme

Blog . Feedback . Privacy

Post on Medial

Jaswanth Jegan

Stealth • 5m

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 rest’.The Kodak Roll flim Camera's user-friendly operation played a crucial role in making photography a popular and widespread hobby. Throughout the 20th century Kodak's market dominance on film sales and processing took it to near monopoly they expanded into medical imaging, digital imaging.The first digital camera was invented by Steven Sasson at Kodak in 1975 but kodak didn’t release it because of concerns about disrupting their existing business model. By the late 1990 digital cameras started to replace film cameras Competitors like Sony, Canon, and Nikon quickly moved into the digital space, leaving Kodak behind.Kodak sales started to plunge.In 2012 Kodak Filed for bankruptcy this shows about the importance of innovation&adaptability is crucial in maintaining business success.

15 replies11 likes

Replies (15)

Udyamee

Stealth • 5m

Kodak and blackberry are classic cases of not adapting which led to their bankruptcy.

1 replies1 like

Anonymous 3

Stealth • 5m

Look at Apple and Samsung. They're always pushing new technology and adapting to what consumers want. That’s why they’re on top.

1 replies

Hiral Jain

Stealth • 5m

Haha, I read about their story in the morning and thought of posting about it, but you expressed it in a much better way!

1 replies

Anonymous 2

Stealth • 5m

Innovation isn't just about new gadgets; it's about new ways of thinking. Companies need to encourage creativity and risk-taking among their employees. Imagine if they had a google like structure, due to which Chrome and stuff came out to light, they might have sustained lol

1 replies1 like

LIKHITH

Stealth • 5m

Kodak should have went with the new age innovations

1 replies1 like

SamCtrlPlusAltMan
•

OpenAI • 5m

My father was a clear timeline of how these companies faded. I used to observe it since i was a kid, the first memory was witha kodak camera and a film, then he switched to canon. Never moved. People are the best reflections of products. :)

2 replies3 likes

Anonymous 1

Stealth • 5m

Agar Kodak ne apni digital camera technology ko embrace kiya hota, toh aaj bhi market mein leader hote.

1 replies

Recommendations from Medial

Kakkireni Hemanth

Stealth • 8m

Kodak: Missed the Picture! “We developed the world’s 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.” - Don Strickland Former vice-president of Kodak Kodak, a techno

0 replies4 likes

Wild Kira

Stealth • 1m

Why Kodak Failed? Kodak’s 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

13 replies19 likes

Aadhi

Stealth • 2m

I am planning on creating a women safety Saas but is there anyway to make it, without the involvement of phone or like I have an idea of making it work with camera but what about place without cameras or the phone is not reachable. Any suggestions?

6 replies8 likes

Mr Z
•

Medial • 17d

90% of startups fail. The #1 killer? Not competition. It's founder stubbornness. 5 signs you need to pivot : 1. You're solving a problem that doesn't exist A great product without a real need is just an expensive hobby. Validate the problem, not

12 replies43 likes

Fact from youtube

Stealth • 8m

Data privacy and security are crucial issues in the digital age.#privacymatters #securedata #digitalprivacy #cybersecuritynow #dataprotection #privacyawareness #techsecurity #safedigitalworld #onlinesafety #guardyourdata #privacyfirst #infosec #secur

0 replies7 likes

Jaswanth Jegan

Stealth • 5m

"How Iron Man saved Marvel" Bankruptcy to Billions #8 Marvel's Turnaround From comic books Marvel was a prominent publisher of comic books and related media in 1996, Marvel filed for bankruptcy with liabilities of $1.7 billion. Then it underwent c

9 replies7 likes

Payal Manghnani

Stealth • 6d

Never underestimate anyone, Ever! 𝙏𝙝𝙧𝙚𝙚 𝙎𝙩𝙤𝙧𝙞𝙚𝙨 𝙩𝙤 𝙗𝙤𝙤𝙩: 1. Nokia refused Android 2. Yahoo rejected Google 3. Kodak refused Digital Cameras 𝙇𝙚𝙨𝙨𝙤𝙣𝙨: 1. Take chances 2. Embrace the Change 3. If you refuse to change with time,

5 replies5 likes

Yash

Stealth • 3m

Many people get stuck in traffic without knowing the length of the congestion, leading them to keep their vehicles running, which wastes battery and fuel. My solution is to install cameras at strategic points along the road, particularly a certain di

6 replies15 likes

No thing

Stealth • 2m

FTX Ordered to Pay $12.7 Billion in Landmark Court Ruling In a significant development for the crypto world, a U.S. court has ordered the bankrupt cryptocurrency exchange FTX to pay $12.7 billion in compensation to its customers. This decision comes

1 replies12 likes

Mr Z
•

Medial • 14d

Everyone laughed when Google bought a 22-month-old startup for $50 Million... Now, that "startup" has 3.9 BILLION users. It makes more money than Snapchat, Airbnb and Uber COMBINED. Here's how a "tiny" purchase now powers half the world: 2003: A