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Ask Slashdot: What Tech Companies Won't Be Around In 10 Years?
An anonymous reader writes: It's interesting to look back a decade and see how the tech industry has changed. The mobile phone giants of 10 years ago have all struggled to compete with the smartphone newcomers. Meanwhile, the game console landscape is almost exactly the same. I'm sure few of us predicted Apple's rebirth over the past decade, and many of us thought Microsoft would have fallen a lot further by now. With that in mind, let's make some predictions. What companies aren't going to make it another 10 years? Are Facebook, Twitter, and the other social networking behemoths going to fade as quickly as they arose? What about the heralds of the so-called 'sharing economy,' like Uber? Are IBM and Oracle going to hang on? Along the same lines, what companies do you think will definitely stick around for another decade or more? Post your predictions for all to see. I'll buy you a beer in 10 years if you're right.
It takes a long time for a big company to die and many can reinvent themselves. Look at the origins of Nokia and Nintendo - neither was exactly a tech company when they started. Companies like Microsoft, Apple, and Google are big enough to survive ten year of terrible decisions by management (Microsoft already has!) without much pain. The companies that tend to die are ones where some disruptive technology changes their market completely and they don't adapt. SGI was a good example: some of their engineers proposed building a cheaper graphics accelerator for the mass market and they decided not to build them because they'd cannibalise the graphics workstation market. Those engineers left and formed nVidia, and now a graphics workstation is just a commodity PC with a high-end nVidia card in it. SGI had the opportunity to lead a shift in the market and decided not to take it. Those are hard to predict, because they typically rely on advances in manufacturing that suddenly make something economically viable that wasn't previously. Often these things are gradual (in the nVidia/SGI case, the reduction in fabrication costs until it became feasible to make a mass-market GPU) and aren't obvious until a watershed has passed.
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IBM management have turned the company into a financial engineering behemoth, buying their own shares at low interest rates to prop up share prices so management get bonuses, sacking engineering staff, lowering customer service. They're history.
Ten years can be a long time if you've got the cash and a "core business" to eek out existence on. As long as there is a need for new mainframes for the banking industry, IBM will be around. I think they're going to shrink a lot, though.
Oracle isn't going anywhere. They're too entrenched.
Apple's market will shrink rather than grow, primarily due to their failure to really innovate. Let's face it, they've been tweaking and fiddling for over five years now rather than coming out with anything new or earth shattering. But they've got the cash to buy an entire nation (or two), so they'll still be around.
The same goes for Microsoft. They've got sufficient cash and resources to hang on for a long time, even if their core markets are shrinking. Let's face it -- basic business functionality will always be needed, even if it isn't glamourous and exciting. They'll continue to lose market share to tablets and smell phones in the consumer markets, and will re-focus on their core business of serving business customers.
Uber, Lyft, and the like are going to encounter some rude shocks from the courts in the near future, and their business models will be declared illegal. It's already happening in a lot of districts.
Google Plus will finally get the axe in 2-3 years, but Google itself will continue along it's merry way.
Twitter will shrink dramatically or disappear entirely as the video capabilities of higher bandwidth and newer/denser technologies make written dialogue even more irrelevant than it is today.
Facebook will still be around, and bigger than ever. They've made a couple of smart investments, and if those play out, they're going to grow their market substantially with them (especially on the VR front -- think virtual meetings, markets, and presentations.)
The real shock is going to be the death of the PC. With the advent of higher resolution virtual displays and augmented reality glasses, the need for a physical screen will finally wane and the PC will be replaced by a bluetooth keyboard and mouse talking to that virtual hardware.
The cloud bubble will finally burst wide open when the US tries to pull the same shit on corporate data that they're doing with email and Microsoft right now. The near violent rejection of US policies by the world that results will cause several corporations to leave the US just to survive, and Bush 47 will be left to wonder what happened to the empire and practice his fiddle.
Lenovo will continue to grow, while HP/Compaq shrinks due to their abysmal build quality and lack of innovation.
Samsung will level off as the market for Android devices becomes saturated, but with their product range, they'll still be a healthy company.
Keep an eye on Chinese companies, as their currency takes over more and more of the international markets from the US dollar and it becomes more and more convenient to deal directly with the Chinese.
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