Founder-Hexpertify.c...Ā ā¢Ā 1y
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 restā.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 didnāt 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.

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MedialĀ ā¢Ā 1y
In 1975, a Kodak engineer built the worldās first digital camera. It could have changed photography forever. But Kodak dismissed it, saying: āThatās niceādonāt tell anyone.ā What happened next became one of the biggest business mistakes in history
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AI Engineer | Coder ...Ā ā¢Ā 1y
Kodak: Missed the Picture! āWe developed the worldās 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.ā - Don Strickland Former vice-president of Kodak Kodak, a techno
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MedialĀ ā¢Ā 1y
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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Keen Learner and Exp...Ā ā¢Ā 10m
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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Why Kodak Failed? Kodakās 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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Learning New ThingsĀ ā¢Ā 1y
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. Kodakās engineer created the first digital camera in 1975. But the company ignored it, fearing i
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MedialĀ ā¢Ā 1y
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
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Hey I am on MedialĀ ā¢Ā 1y
There is such an app in which even the local studio owners who run the cameras will get the benefit in which the people who go on trips to different places and want professional video shoot or images can book them through our app or contact that pers
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