Nokia | The Rise And Fall [Part 2] — Transcript
Full transcript
- 0:00you are watching cold fan
- 0:02[Music]
- 0:21TV hi welcome to part two of the
- 0:24three-part series of the rise and fall
- 0:26of Nokia previously we saw the man who
- 0:28started Nokia and the circumstances that
- 0:30forced Nokia to become a Communications
- 0:32company after this we began to see how
- 0:34they started prospering within the
- 0:35industry in today's episode we'll look
- 0:38at how they Rose to power and what
- 0:40Innovations they brought to the table
- 0:41some of them last till this very day
- 0:44let's continue the 1990s were a special
- 0:47time for mobile technology the general
- 0:49population could keep in contact with
- 0:51each other for the first time and a lot
- 0:53of this was due to Nokia's diverse range
- 0:55of innovative indestructible phones that
- 0:57everyone just loved but at this time the
- 1:00difference was there was no selfie
- 1:01Obsession Instagram Facebook and you
- 1:03didn't even have to charge your phone
- 1:05that often the '90s was the golden
- 1:06decade for Nokio as it had now
- 1:08streamlined its focus to mobile phones
- 1:10only let me take you through a nostalgic
- 1:13look at Nokia's rise to Industry
- 1:14leadership even if you're not into
- 1:16technology it's kind of interesting I
- 1:19want you to think of this as a company
- 1:20charting brand new territory Paving the
- 1:23way in an infant industry that was to
- 1:25eventually become the world's largest
- 1:27for the time the Nokia team had great
- 1:29great insight and intuition as you'll
- 1:31soon
- 1:33see the first Milestone arrived in 1992
- 1:36in the form of the Nokia 1011 this was
- 1:39the world's first GSM digital phone for
- 1:43those of you wondering the acronym GSM
- 1:45stands for global system of mobile
- 1:47Communications and it is still the
- 1:49standard use today the first GSM
- 1:51networks were 2G which were replacing
- 1:53the old analog 1G systems after this
- 1:57Innovation Nokia really began to find a
- 1:59Groove and they showed that they could
- 2:01push the concept of an all-encompassing
- 2:03dualo mobile phone that was more than
- 2:04just a simple transmitter and receiver
- 2:06connected over a network they knew and I
- 2:09mean knew that the feature was all in
- 2:11the software with adequate easy to use
- 2:15software this new phenomena of a
- 2:17portable talking device could be so much
- 2:20more this revolutionary idea was finally
- 2:23realized in the Nokia 2110 released in
- 2:261994 and it was kind of a big deal at
- 2:29the time mobile phones were still huge
- 2:31and bulky with large batteries yet they
- 2:33still had very small almost unreadable
- 2:35displays when the Sleek device came to
- 2:38Market people were stunned the 2110
- 2:40pretty much went all the way it had
- 2:42address books Mis call and text
- 2:44indicators and it was the first phone to
- 2:46feature that now familiar Nokia ringtone
- 2:48which was composed over 100 Years Ago by
- 2:50the way and not only that it was one of
- 2:52the very first phones to be able to both
- 2:55send and receive text messages the
- 2:57201110 was an absolute Smash Hit and
- 2:59went on to become one of the bestselling
- 3:00phones of all time and because of this
- 3:03it pretty much defined the way a
- 3:04business phone should look but that
- 3:06wasn't all Nokia was just getting
- 3:08started and the importance of software
- 3:10was fully realized in 1996 with the
- 3:12Nokia 9000 Communicator it took IBM's
- 3:151993 concept of the smartphone even
- 3:18further by adding a full quity keyboard
- 3:20web browsing email facts word processing
- 3:24and of course the '90s quintessential
- 3:26spreadsheet the only problem with this
- 3:27device was that it hit the market to too
- 3:29early in many respects people couldn't
- 3:32relate to the aspect of an all than one
- 3:33encompassing phone the $800 price tag
- 3:36also didn't help but to Nokia overall
- 3:39that didn't really matter because by
- 3:40this stage they were on fire in 1997
- 3:43Nokia released the 6110 this was the
- 3:46first phone to ever feature the most
- 3:48legendary mobile game ever made snake
- 3:51the 6110 also had an advanced user
- 3:54interface that was to become the
- 3:55industry standard it's kind of the same
- 3:57equivalent importance as the home screen
- 3:59on your modern smartphone today by 1998
- 4:02Nokia overtook Motorola as the number
- 4:04one phone manufacturer in the world but
- 4:06during this same year a significant
- 4:08event occurred that would help shape
- 4:09Nokia's Destiny it was a mobile
- 4:11operating system you see Nokia was
- 4:13really into the software side of things
- 4:15and they believed that having an active
- 4:17role in software development could be
- 4:18beneficial for the company so they got
- 4:20on board with a software called Symbian
- 4:23even though Symbian was heavily used by
- 4:24Nokia it wasn't their sole creation
- 4:26Symbian originated from Epoch an
- 4:28operating system created in the 1980s
- 4:31Symbian was actually a major joint
- 4:33venture between Ericson Motorola and NOK
- 4:36themselves after this Symbian split into
- 4:38different platforms for different mobile
- 4:40phone manufacturers there was a version
- 4:42built by Nokia for Nokia Samsung and LG
- 4:45phones and there was another version for
- 4:47Sony ereen phones and Motorola phones
- 4:49the Symbian operating system was
- 4:51actually quite Advanced for the day but
- 4:53actually later proved to be a real thorn
- 4:55in the flesh for Nokia there'll be more
- 4:57on Symbian in the next part okay back to
- 5:00the story of Nokia and their incredible
- 5:01Innovative Streak by 1999 Nokia was
- 5:04absolutely smashing it and the Nokia
- 5:063210 was the bombshell this phone
- 5:09actually accommodated for Consumer
- 5:11consumption with multiple covers it also
- 5:13featured pre-made two-tone picture
- 5:15messages such as a happy birthday that
- 5:17could be sent by SMS it was also very
- 5:20cheap which for the first time meant
- 5:21that it was available to ultr tech savvy
- 5:23teenagers born in the 1980s remember
- 5:27mobile phones at the time were seen as
- 5:28Mom and Dad's work communication tool
- 5:30and for the first time the 3210 made
- 5:33technology cool and socialable Nokia had
- 5:36officially reached almost every Market
- 5:38an absolutely incredible feat by any
- 5:41means in the early 2000s Nokia just had
- 5:44hit after hit with phones such as the
- 5:465110 in the year 2000 and the 1100 in
- 5:492003 again one of the bestselling phones
- 5:51of all time 2002 was a particularly good
- 5:54year for Nokia as they released the 6650
- 5:57the world's first 3G phone and also the
- 5:59the 7650 Nokia's first ever camera phone
- 6:02which incidentally was featured in that
- 6:04Tom Cruz movie Minority Report I guess
- 6:07the movie directors knew that camera
- 6:09phones were going to be the next big
- 6:10thing from 2003 Nokia really began to
- 6:13experiment with different designs and as
- 6:15it turns out experimentation and winning
- 6:18streaks don't always go together and
- 6:20hence Nokia's first major mistake
- 6:22occurred in 2003 a bit of context first
- 6:26during this year games in general were
- 6:28pretty hot the PS2 and Xbox were just
- 6:30hitting their Prime Time and The Game
- 6:32Boy Advance just blew the Border game
- 6:34Market open just the previous year Nokia
- 6:36wanted in so what did they end up doing
- 6:39well they ended up taking a slightly
- 6:41revamped LCD panel and modified a phone
- 6:43design to feature directional Keys as
- 6:45well as a full phone dialer and they
- 6:48launched the infamous end gauge and just
- 6:51by looking at this picture of it you can
- 6:53see a few problems it generally would
- 6:55have been clumsy to use either as a
- 6:57phone or a gaming device simply because
- 6:59of that design and button layout any
- 7:01multi-purpose product has to perform all
- 7:03of the advertised features well and this
- 7:06just didn't cut it in late 2004 the US
- 7:09manufacturer Motorola scored a worldwide
- 7:11hit with its very thin razor flip phone
- 7:14Nokia got a bit of criticism from its
- 7:15investors and they were saying that they
- 7:17spent too much time on high-end
- 7:19smartphones while Rivals ate into the
- 7:21lucrative business of selling expensive
- 7:23dumb phones to people around the world
- 7:25but despite this in 2005 Nokia phones
- 7:28became so popular that they were the
- 7:29number one digital camera brand
- 7:31worldwide but it still wasn't enough for
- 7:33Nokia and their management the market
- 7:35for dumb phones proved to be too
- 7:37attractive and because of this Nokia's
- 7:39Financial Officer oeka kazel took over
- 7:42from the management mindset of Mr oia in
- 7:452006 the new management merged Nokia's
- 7:47smartphone and basic phone operations
- 7:50now it was all about the bottom line
- 7:52instead of Nokia leaving basic phones
- 7:54behind and moving ahead they focused
- 7:56more on the traditional phone Nokia went
- 7:58backwards frankly this change in
- 8:00management marked the beginning of the
- 8:02end for no's amazing
- 8:04run in the next episode we'll see the
- 8:07inside information from previous staff
- 8:09members during Nokia's faltering days
- 8:11surprisingly one of the major reasons
- 8:13for Nokia's fall was from within Nokia
- 8:16would become plagued with internal
- 8:18company conflicts which made them very
- 8:20slow in reacting to Apple's release of
- 8:21the iPhone and subsequently Android
- 8:23release it's actually pretty interesting
- 8:25to see what went on behind closed doors
- 8:28anyway that marks the end of this
- 8:30episode thanks for tuning in and
- 8:31watching but before I leave I just want
- 8:33to leave one fun fact you may have
- 8:35noticed that all the Nokia codes for all
- 8:37their phones never really have the
- 8:39number four in it and that's because in
- 8:41Asian markets the number four is seen as
- 8:43unlucky by some people so I just thought
- 8:45that was quite interesting anyway thanks
- 8:47for watching don't forget to leave a
- 8:48comment Thumbs Up And subscribe if
- 8:50you're new this has been deogo and
- 8:52you've been watching coish I'll catch
- 8:54you again soon for the next video have a
- 8:55good one guys cheers
- 8:59cold fusin it's new thinking
- 9:03[Music]
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