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Emerging Technology & Innovation || Yahoo
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Added on 2020-02-24
Emerging Technology & Innovation || Yahoo
Added on 2020-02-24
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Running head: EMERGING TECHNOLOGIES AND INNOVATIONEmerging technologies and innovation: A Case study of “Yahoo” as anincumbentStudent Name:University Name:
EMERGING TECHNOLOGIES AND INNOVATION1Table of ContentsIntroduction......................................................................................................................................2Background of the company............................................................................................................2Creative mind map to determine the solution..................................................................................3Discussion on innovative and technological components of this solution......................................4Determination of the solution (sustaining or disruptive innovation)...............................................4Ways to measure the effectiveness of this solution.........................................................................5Potential difficulties.........................................................................................................................6Conclusion.......................................................................................................................................8References........................................................................................................................................9
EMERGING TECHNOLOGIES AND INNOVATION2IntroductionThis report is based on emerging technologies and innovation that can be incorporated asa solution for Yahoo. The reality of the risk postured by another participant depends on threefactors the contestant's capacity to take care of its costs rapidly enough, the rate at which thequantity of clients of the free offering is developing, and the speed with which the paying clientsare abandoning (van Rijnsoever et al., 2015). Hence, the company is facing a serious threat dueto the emergence of various other companies in the same domain in business. In this report, thediscussions are carried out on background of the company and the implementation of emergingtechnology and innovation for resolving the issues being presently faced by Yahoo. Further, acreative mind map is designed to illustrate upon the process of determining the solution. Theinnovative and technological components of this solution are also discussed along withdetermining the ways to measure effectiveness of the solution. Background of the companyOne of the Internet's most punctual and greatest examples of overcoming adversity,Yahoo! started in mid-1994 as a side project of David Filo and Jerry Yang, two PhDunderstudies at Stanford. The Internet was quite recently starting to detonate with Web localeson an apparently limitless number of subjects, so Filo and Yang indexed the destinations theyenjoyed and made the rundown accessible all alone Web page. Their efficient index wasenormously well known, and in 1995 they joined their business as Yahoo!, took it open, andprogressed toward becoming multimillionaires (Kuhlmann & Ordonez-Matamoros, 2017). Fromthe earliest starting point the authors had driven plans to bridle and compose the as yet creatingInternet by making "the main place on the planet that anybody would need to go to discover, and
EMERGING TECHNOLOGIES AND INNOVATION3get associated with, anything or anyone." To this end they enlisted an accomplishedadministration group and set out on a forceful battle to develop the business rapidly. Theorganization executed a progression of acquisitions that extended its administration offerings toincorporate Internet radio, email, news, business-to-business trade, closeouts, and that's just thebeginning. However, the company is facing difficulties due to the emergence of various othercompanies in the same domain of business. Creative mind map to determine the solutionFigure 1: Creative Mind map for Yahoo as an incumbent(Source: Created by Author)
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