5 Companies That Have Revolutionized Businesses with Technology
Can technology help businesses become more efficient? The answer is yes. In fact, technology has already had a major impact on almost every aspect of our lives. From communication to transportation, from banking to medicine, from education to shopping – technology is everywhere. There are 5 companies that have revolutionized their industries through innovation and technological advances.
1. American Airlines:
It wasn’t always this way for the world’s leading carrier! American Airlines traffic used to be dominated by a few well-known carriers — United and TWA, for example – but now American Airlines accounts for more than 3% of global air travel. So just how did they do it? By focusing on its passengers rather than its competitors.
2. Southwest Airlines:
As an upstart airline, Southwest was able to redefine the industry by being the first truly low-cost airline (it started out at $8 per flight in 1971). It also rebranded itself as “America’s Choice”, because consumers wanted more value for their money. And while others were trying to win over business clients with better service, Southwest focused on winning over leisure travelers.
3. Apple:
For a long time, Apple was not even considered a company. Back in 1976, Steve Jobs and his friends started what would eventually grow into one of the largest corporations in the world. Today, Apple employs over 100,000 people and their contributions to the technology sector include everything from the iPhone and iPad to OS X and Siri.
4. Walmart:
For such a large corporation, Walmart hasn’t always been around either. Once known as Walton’s 59 stores, the idea for today’s mega-retailer began when Sam Walton decided he could sell goods at lower prices than other retailers. As Walmart grew, so too did the number of employees working there. Nowadays, Walmart employs nearly two million people worldwide.
5. Google:
In 2001, students Sergey Brin and Larry Page founded Google as a search engine called BackRub. Then in April 1998 the name was changed to Google Inc. Since then, Google has grown significantly as they work to streamline the internet and develop the latest innovations. In August 2011 alone, the company pulled in $35 billion in revenue.
Conclusion
Across the board, tech innovations have paved way for major business breakthroughs, as seen in online gambling, eGaming, internet marketing and so on. With startups cropping up daily and the market growing larger every day, it seems like companies will continue to improve. New products and platforms should keep emerging thus allowing everyone to enjoy the advantages of technology that much faster.
