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There are three types of competitive advantages. These include cost differentiation, speed of innovation (backed-up by product/service performance) and ecosystem integration and multi-functionability. It is important to highlight that no competitive advantage lasts forever which implies that companies must continually improve their competitive advantages every day. What it could've set you apart (from the rest yesterday), will send you broke tomorrow. An example of this was the emergence of Apple when Nokia was the leader in the market of mobiles technology manufacturing and applications.

While they might not agree on much, tech giants Apple, Samsung and Google came to a consensus on one issue: A universal wireless charging standard, powered by Qi. This alignment not only highlights Qi's reliability but also its role as a foundational tech standard across devices. It's a clear signal that Qi is setting the pace for future mobile technology, much like USB did for wired connections. The beauty of Qi is its universal compatibility, making life simpler for consumers who use different brand devices. As these tech leaders unite behind Qi, it's exciting to think about the innovations this consensus will drive. How do you see this collaboration influencing other tech standards? #WirelessCharging #TechUnity #QiStandard

🌟 Exciting News from my visit to Google’s NYC office for Samsung Electronics’s Business Roadshow 🌟 I recently had the incredible opportunity to attend Samsung's Business Roadshow at Google's NYC office, alongside Android to dive deep into the latest advancements in mobile technology. It was a day filled with innovation, learning, and forward-thinking discussions that left me inspired and excited for the future. 🚀 Highlight of the Day: The New Galaxy S24 & Android Enterprise Solutions Samsung unveiled their latest marvel, the new Galaxy S24 Ultra, which promises to redefine the way we think about smartphone productivity and capabilities. With cutting-edge Galaxy AI features, this device is not just a leap forward; it's set to revolutionize the smartphone experience for businesses and individuals alike. My favorite feature is the live AI translation on phone calls. The Android Enterprise solutions presented were equally impressive, showcasing seamless integration, enhanced security, and customizable management features that cater to the diverse needs of today's businesses. Together, these offerings represent a significant step towards more connected, efficient, and secure business operations. 💡 Why This Matters for Businesses and Individuals The advancements in the new Galaxy S24 and Android Enterprise solutions are not just about technology; they're about empowering businesses and individuals to achieve more. From improved productivity to innovative AI features, these developments are set to enhance the way we work, communicate, and interact with our devices. 🔍 Looking Ahead As we look to the future, it's clear that the partnership between Samsung and Android is stronger than ever, driving innovation that benefits us all. I'm excited to see how these new offerings will transform the landscape of mobile technology and open new possibilities for businesses and individuals worldwide. Stay tuned for more updates as we continue to explore the potential of these groundbreaking solutions. #SamsungBusinessRoadshow #GalaxyS24 #AndroidEnterprise #Innovation #BusinessTechnology #SmartPhoneRevolution

Innovation vs. Creativity Nokia, once a dominant force in the mobile phone industry, has experienced a dramatic decline. From a market capitalization of $550 billion in 2000, it plummeted to just $18 billion. This decline prompts a critical question: Why did Nokia fail while companies like Apple soared? I tried to analyze why big companies fail to be creative. https://lnkd.in/dGHhe-7d

What if I told you that Nokia failed to adapt to market changes and that caused them to lose the entire business market? Yes, it's true! Staying stagnant is not an option. The world moves fast, and those who fail to evolve with it risk being left behind. If Nokia had figured this out earlier, they'd be one of the top brands today. There was a time when Nokia was at its peak, dominating the market with its durable handsets. >>>Everyone was addicted to their iconic snake game. But they missed the opportunities to adapt when they needed it the most. Nokia was slow to recognize the potential of smartphones and the shift towards touchscreen technology. While competitors like Apple and Samsung quickly capitalized on this trend, Nokia continued to prioritize traditional keypad phones. 👉They were hesitant to invest in research and development for new technologies that consumers were highly demanding. 𝗔𝗻𝗱 𝘄𝗵𝗲𝗻 𝘁𝗵𝗲𝘆 𝗿𝗲𝗮𝗹𝗶𝘇𝗲𝗱 𝘁𝗵𝗲 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗮𝗱𝗮𝗽𝘁, 𝘁𝗵𝗲𝘆 𝗸𝗲𝗽𝘁 𝘂𝘀𝗶𝗻𝗴 𝘁𝗵𝗲𝗶𝗿 𝗶𝗻𝗳𝗹𝗲𝘅𝗶𝗯𝗹𝗲 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝘀𝘆𝘀𝘁𝗲𝗺 𝘁𝗵𝗮𝘁 𝘄𝗮𝘀 𝘁𝗼𝘁𝗮𝗹𝗹𝘆 𝗼𝘂𝘁𝗱𝗮𝘁𝗲𝗱 𝗰𝗼𝗺𝗽𝗮𝗿𝗲𝗱 𝘁𝗼 𝗶𝗢𝗦 𝗮𝗻𝗱 𝗔𝗻𝗱𝗿𝗼𝗶𝗱. As consumers, we seek fulfilment of our needs, and the brand that delivers becomes our trusted go-to choice. People were seeking smartphones with big screens, fancy cameras, and endless app options, but 𝗡𝗼𝗸𝗶𝗮 𝘄𝗮𝘀 𝘀𝘁𝗶𝗹𝗹 𝗰𝗵𝘂𝗿𝗻𝗶𝗻𝗴 𝗼𝘂𝘁 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝗼𝗹𝗱 𝗺𝗼𝗱𝗲𝗹𝘀. And that's the point where Nokia really failed. Their failure story is a valuable lesson reminding us that innovation is everything in business. _____________________________________________________ PS: Innovation is important, but it's equally important to recognize when and where to innovate strategically to stay ahead of the game. Find one more brand that made the same mistake, and mention that brand in the first comment. #businesscoach #failure #enterpreneurship

The market for refurbished and used devices is growing and Apple products account for the highest trade-in value. Refurbishing and reusing products play an important role in minimising the environmental impact of each device. By extending the lifespan of their products, Apple enables devices to serve multiple owners, while also offering customers the opportunity to exchange devices for upgrades. Learn what implications this should have for your future tech investments in our article👇 #SmarterMobileTechnology #RefurbishedDevices #AppleProducts

Qualcomm Declining Mobile Market Share Many are wondering why Qualcomm mobile market share is shrinking year over year. There are some external developments which are related to the competitions, such as; Samsung, Media Tek, Apple, etc. These are outside of Qualcomm control and it cannot directly do anything about them. There are also some key internal business developments plan and decision which not only are directly controlled by Qualcomm, but also can easily be changed. Qualcomm is not investing enough in new vertical technologies and is behind the curve. The business development team’s expectation is that once the market changes direction, so would Q. That passive business mindset is not what the original founders were thinking when they conceived the company when no one else in the market believed on CDMA technology. That was a significant undertaking and calculated risk to invest in something that nobody else has tried and believed it can pay off. The Qualcomm founders choose outside of the box technology and business development plan which fitted their time and market. In order to prove the CDMA technology, they invested from A to Z. Then showed the rest of the world and market the spectral efficiency superiority of CDMA vs. FDMA/TDMA. Once that was accomplished, they sold all the peripheral businesses and capitalized on the ROI. At that point, they monetized the licenses and the CDMA product portfolio. It requires new business plan and vision to capture verticals that may not be apparent to everyone in the mobile market. Partner with ORTENGA for new product concept, definition, and development. https://lnkd.in/gnUAq8uk #ortenga #qualcomm #mediatek #samsong #sec #meta #google #chatgpt #bardai #openai #apple #intel #amazon #mmtron #movandi #psemi #kyocera #qorvo #skyworks #pivotalcommware #keysight #nxp #rsa #nokia #ericsson #sti #adi

Exciting News! Kandji's latest research reveals that adopting Apple devices in the enterprise leads to impressive business outcomes! From supercharged employee productivity to boosted device security, Apple devices are cited as a strategic choice for businesses. Check out the full Apple in the Enterprise Report for detailed findings: https://lnkd.in/gMk66MbY