Uploaded on Jul 5, 2022
PPT on the story of BlackBerry.
BlackBerry - A Story Of Constant Success & Failure
BlackBerry: A Story Of Constant Success & Failure Introduction • Back in the 2000s, Blackberry became a monopoly of the rich professionals, symbolizing high status, along with a strong commitment to ensuring the privacy of its users. Source: www.feedough.com 2 History • Blackberry, initially started with a different name and purpose, i.e. Research in Motion. Founded in march 1984, the company first involved itself with developing data technology and connectivity products. Source: www.feedough.com 3 The First Round Of Success • Blackberry launched its first phone in the year 1999 and captivated the corporate world. There was a time when Blackberry was considered as absolute nuts and it became a sign of status in society. It was not easy to encounter someone using Blackberry. And if you do, then you would discover him to be an industrialist, politician, etc. Source: www.feedough.com 4 Reasons For Unprecedented Growth • In 2002, BlackBerry manufactured another two devices which were RIM 850 and 857. At that time, some services like emails, internet faxing, etc. could only be used if you owned a desktop. However, the launch of these devices made it possible for the users to use them on mobile. Source: www.feedough.com 5 Reasons For Unprecedented Growth Cont. • The Company was at its peak in the year 2013 when there were about 85 million BlackBerry users across the Globe. Even though some might argue, Blackberry was the first to dive into the smartphone market and had access to almost 50% of the US smartphone market. Source: www.feedough.com 6 Ultimate solution for corporates • Blackberry came with a set of invincible security features that allowed professionals to ensure full-proof security. From crisis communication to car security features, you named it they had it. • Blackberry came as the ultimate solution for corporates who were living in constant fear of getting their accounts hacked and their privacy invaded. Even today it’s nearly impossible to hack a blackberry phone. Source: www.feedough.com 7 Why Did BlackBerry Fail? • Though Blackberry enjoyed immense success for some time, something else was brewing up in the company’s fortune. Source: www.feedough.com 8 Aversion To Innovation • 2008-16 was a period when the mobile industry was rapidly changing and many companies were looking at this change positively. Blackberry, on the other hand, didn’t want to change their ideology. Source: www.feedough.com 9 Lack Of Innovation To Expand The Customer Base • A prime reason for following this ideology was a fixed market share. Blackberry had a monopoly over the IT sector of various corporate houses. Hence, it did not realize the need to cater to the masses with upgrades. Some of the biggest fails in this segment include the following. Source: www.feedough.com 1 0 Blackberry Tablet • The blackberry tablet was created to compete against Ipad and was a massive fail. Not only was the UI not intuitive but it also required a Blackberry phone to connect to the net. Source: www.feedough.com 1 1 Lack Of Innovation To Expand Product Segment • The fall of the phone’s profit leads to a simultaneous fall in its R&D developments as well. Once This lack of innovation in other market segments led to a much easier fall of the company. Source: www.feedough.com 1 2
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