Feels Like Its 2005 Again
filed in web analysis on Feb.18, 2011
Remember 2005? Choosing between Yahoo, Alta Vista and google for search? Using Priceline to find good travel deals? Excited that you finally have broad band connection to download tracks from Napster and Imesh? It was a time when new players in the internet were starting to change the rules of the game, like Google did for search, or when big players strengthened there position, like Amzon did in e-commerce.
It feels a lot like those times are back. With Google suddenly not seeming as cool as they once were, names like Groupon turning a business plan on napkin to mere billion dollar M&A discussions in just a few years, and new business new sources of commerce and business seemingly jumping from all over the place.
It is a lot like 2005, when a company that no one ever heard of (like Google once was), will more than likely make destroy a current player’s market and business model, and change the rules of the game for say… 5-10 years. GroupOn is doing it right now in e-commerce. SalesForce is doing it in database and sales administration. So are first to market players in mobile payment processing, mobile advertising and other niche verticals.
This is a time when market standard players like Nokia, Apple and Yahoo, and even Google are going to have to transform strategic thinking into tactical execution or get quietly blindsided by a younger, a time when more open minded and savvier competition, and when new comers will start making their mark on history.


