It’s an era of mass adaptation of online channels. It’s the spill over effect of Corona pandemic, and now we are let me no choice, but to adapt.
One tool that’s popular for online meeting is Zoom. This application got a first-mover advantage over other biggies over meeting sharing and it’s the first name that comes to our mind when we thing of Online Meeting. However, can this business stay on their initial head-start? How long can they leverage this position in the market.
Come to the Party, Google, Facebook, Cisco, Webex
In business circles, Webex or Cisco all were the go-to name for daily online chat and video conferencing. But, somehow, all of them missed the chunk of consumer market. The common man, the freelancer, small biz and NGO’s.
It’s like Tesla getting ahead of the pack in electric cars. And now, the Chicago motor companies, European, Japanese have a long way to catch with the Tesla’s reach in technology.
Markets are Competitive as Ever
Few lessons for everyone:
1. Keep eyes open for smaller innovations and trends. We never know someone from Benz or Toyota might have send an internal memo about the adaptation of electric cars and technology. However, it got buried over the current work. Even the board might have rejected the idea of spending money for a division.
What a costly mistake!
Flossy Ideas, Meetups and Views 