It’s always known more than said,
that Change is the only permanent thing in life. With the technological
research cutting the market at a lightning speed, knowingly or unknowingly it’s
laying impacts on various elements on its way. Technology is killing technology.
The gravity of this statement was realized when I had recently been to the
states. Simply I wanted to buy a new wrist watch. But to my surprise I was
confronted with the fact that wrist watches have almost become obsolete in most
parts of the states just because there is a digital watch in every one’s Iphone. I was also surprised to know, that
wrist watches were hence sold at much cheaper rates than what we buy in India.
Its actually intangible yet measurable difference.
Moreover, companies like Nikon ,
Canon which are major digital camera
manufacturers, popularly known as Digi Cams, are becoming a past as the higher
resolution cameras in the phone itself are encroaching the camera market
gradually. Iphone’s market is In a tough competition by Samsung, to the extent
that the US is planning to ban the same.
This reverse interaction today
and the sharp technological demands are creating very short lived businesses
with a constant threats of dissolution. The interaction between technologies is
becoming reverse. Hence it becomes essential to identify prudent business
solutions to combat the heat of ever changing uncertain market.
