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CeBIT, World's Largest IT Conference, Canned (dw.com)
Despite turning the trade fair into a fun fair, organizers could not save the beloved but struggling trade fair. CeBIT once boasted 850,000 visitors a year, but that heyday has long since passed. An anonymous reader shares a report: Organizers announced on Wednesday that the world's largest IT conference will be no more. CeBIT, held every year in Hanover, Germany, has been canceled for 2019 facing declining visitor numbers and decreases in exhibition space rentals. "There will be no more CeBIT in Germany in the future," said Onuora Ogbukagu of Deutsche Messe AG, which ran the trade fair that hosted the likes of Apple co-founder Steve Wozniak and data privacy advocate Edward Snowden.
CeBIT was once considered the best barometer of technological trends, and during the dot-com boom in the late 90s and early 2000s, it boasted some 850,000 visitors a year. However, that number has been declining for years, despite cultivating a 'fun fair' atmosphere. The news was met with an outpouring of gratitude for the conference-meets-festival on social media, with many calling it the "end of an era."
CeBIT was once considered the best barometer of technological trends, and during the dot-com boom in the late 90s and early 2000s, it boasted some 850,000 visitors a year. However, that number has been declining for years, despite cultivating a 'fun fair' atmosphere. The news was met with an outpouring of gratitude for the conference-meets-festival on social media, with many calling it the "end of an era."
All the lost money from travel agencies, airlines, hospitality companies, hotels, restaurants, schwag makers... And the taxes lost on those sales. Oh well.
Couple of reasons:
* Tech has become bery boring and/or very little innovation (i.e. not really different from last year)
* Bloggers / Internet let you preview the latest tech in the comfort of your own home
* Traveling has become more tedious
In the 90's we saw PCs go from 50 MHz to 550+ MHz. Today Intel offers incremental upgrades. Today's tech has become ho-hum, yawn.
Happens to all stable markets eventually. I don't see it being disrupted anytime soon.