The document discusses the fall of Nokia's mobile dominance and its partnership with Microsoft. It notes that in the 2000s, Nokia had over 35% of the global mobile market and over 73% of the smartphone market, but that its market share declined rapidly after 2007. In 2011, Nokia's CEO acknowledged in a memo that the company was "standing on a burning platform" and not innovating fast enough. Shortly after, Nokia announced a partnership with Microsoft to use its Windows platform instead of Nokia's own Symbian software. In 2013, Microsoft fully acquired Nokia's mobile business for $7.2 billion.
7. 1871: Founded. Spends the next century making tyres, boots and cables.
"
1987: Launches first phone. The Mobira Cityman weighs almost 1kg.
"
1992: Sells non-mobile divisions and launches first digital GSM phone, the Nokia
1011.
"
2000: Stock market value hits 186bn euros. Now worth 11bn euros.
"
2003: Basic 1100 phone launched. Goes on to sell 250 million units and become the
world's most popular consumer electronic device.
"
2011: Abandons Symbian mobile phone operating software and switches to the
Windows platform instead.
Source: Reuters/Nokia
11. Early 2011, Elop said in a memo they were
standing on a burning platform
12. Elop’s Memo
How did we get to this point? Why did we fall behind when the world
around us evolved?
"
This is what I have been trying to understand. I believe at least some
of it has been due to our attitude inside Nokia. We poured gasoline on
our own burning platform. I believe we have lacked accountability and
leadership to align and direct the company through these disruptive
times. We had a series of misses. We haven't been delivering
innovation fast enough. We're not collaborating internally.
"
Nokia, our platform is burning.
http://www.theguardian.com/technology/blog/2011/feb/09/nokia-burning-platform-memo-elop
18. "This 'telephone' has too many
shortcomings to be seriously considered
as a means of communication. The
device is inherently of no value to us." !
"
- Western Union internal memo, 1876.
28. Three billion people will connect for the first time to the Internet
TV stations as we know them will go out of business
CDs and DVDs are not the future distribution format for music
Printed magazines and newspapers will go out of business
Smartphones will dominate Internet traffic
Social networks transforms how we communicate and share information
Real-time news will be handled by people
Credit cards will disappear
Currencies will become digital, peer-to-peer disrupting the banking system
Cars will be self-driven
Objects can be printed at home, creating a new design industry
Drone highways in the sky for delivery network
Robots will enter the workplace and home
51. Over 6 billion hours of video are watched
each month on YouTube—that's almost an
hour for every person on Earth, and 50%
more than last year
Source: Youtube
52. 100 hours of video are uploaded to
YouTube every minute