Home > News > Surpassing customers’ needs: When technology is too good
September 21st, 2004
Surpassing customers’ needs: When technology is too good
Abstract:
At the turn of the 21st century, an array of small tech startups sought to satisfy telecom’s need for new components. The technology largely delivered what the industry needed to meet burgeoning bandwidth demands.
Then, the economy contracted and telecom system providers stopped buying. In the end, superior technology couldn’t overcome the evaporating market, and many firms touting micro and nanoscale solutions dried up in the drought. Today, roughly two dozen of the more than 60 players remain, and about a dozen are selling products.
Source:
smalltimes
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