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Seven Companies That Failed to Innovate and What Happened to Them

IdeaScale

These seven companies lost out on entering major new markets, got acquired by competitors, or accumulated billions on bad bets, all by failing to innovate or grasp the value of their innovations. In 2002, Circuit City looked at the retail landscape, saw success in its future, and decided CarMax needed to be its own company.

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How to Optimize Email Marketing for the New Normal of COVID-19

Brunner

Reading emails outside pre-COVID times is another new normal for digital marketers. Prior to the pandemic, Tuesdays and Thursdays were the ideal days to send a marketing email. In the last 12 months, 78% of marketers have seen an increase in email engagement (Not Another State of Marketing, 2020).

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ISS Software GmbH and Wazoku partner to revolutionise the German insurance industry

Wazoku

ISS Software GmbH and Wazoku are set to transform the German insurance sector by enabling the co-creation of new solutions for insurance organisations for and in collaboration with the wider industry. The core values of both Wazoku and ISS Software are to future-proof the business of their clients. About ISS Software GmbH.

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Innovation Insights from Jeff Bezos and Amazon

Destination Innovation

He started the company in his garage where he wrote the software systems for online commerce. Although its sales of new books were growing very healthily, in 2002 Amazon introduced a service whereby people could sell second-hand books through the company’s website. It was attractively priced and scooped the market.

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Digital transformation examples

Board of Innovation

2 Reasons: to accelerate the market and to make their technology the standard. Sector: Farming Company: BASF Learn more: Source Mobile Disease identification Resulted in more sales GE businesses can ‘shop’ for technological innovation, research, materials, software, processes, etc. Feel free to share your own references.

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Digital Twins: what it is, how it works, and the advantages of this technology

mjvinnovation

Originally, this term was coined by Dr. Michael Grieves in 2002. As a result, the product’s digital twin help to reduce production costs and time-to-market, all while improving quality. Reduced time to market for new products. Half the battle for companies is getting to market faster than their competitors.

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How to spend $200+ Billion for a Train Wreck

Mills-Scofield

and the PC/Software maker end points (Microsoft) deciding where to put the ‘smarts’. 2002: AT&T sells AT&T Broadband to Comcast for $47.5B [About 13 years later, a friend asked me if I still had the designs because they were looking to build that network.]. Microsoft et. I saw this and worked on this firsthand.