He said that the technology world was facing a “moment of fundamental disruption” thanks to the advent of the smartphone, social media such as Facebook, and “cloud computing” which uses the internet to increase the capabilities of home computers.
Via: BBC
It’s encouraging when an incumbent realizes when they are being disrupted. The textbook says however that it usually happens too late to reverse the damage done.
With a new CEO, Nokia may cut one year off from their response cycle but it’s not a certainty that it will happen.
Asymco assessing Nokia’s response cycle
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