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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Exclusive»Would you change a winning formula?

    Would you change a winning formula?

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    By Paul Adepoju on April 29, 2016 Exclusive, People

    The ‘change’ mantra is a popular and powerful one, Nigerians know that. There is always a desire to change something that is bad for good. But does it make sense to change something that is good? Yes. No. What do you think? Think about it for a minute.

    The unfortunate fate of Nokia would readily come to mind when speaking in favor of consistently evolving new ways of doing things after its CEO confessed that they did nothing wrong yet they gradually went into oblivion. Even though there are great lessons to learn from the company’s decline, Nokia continues to struggle to remain relevant in the tech ecosystem. It made a bold move this week when it came to public notice that Nokia was planning to enter the digital health space by acquiring Withings. But is it not too late a move to make?

    Also this week, Facebook further affirmed what had been said extensively in Nigeria – it’s no longer mobile first, it is now mobile only. The social media giant’s Q1 report showed that mobile ad revenue made up 82% of the company’s ad earnings.

    You gotta be on some banned substance, Osogbo weed maybe, not to be thinking of mobile.

    Still on the subject of change, taxi app Uber has also decided to introduce some change in Nigeria with its announcement this week of the introduction of a VIP service. Ecommerce giant, Konga.com, also decided to change some aspects of its KongaPay and has opened the payment service up to other ecommerce platforms.

    HTC is investing in virtual reality startups, cars in India will soon have panic button for women’s safety,

    The biggest argument this week in favor of changing a winning formula would be suggestions of a forthcoming major visual overhaul of Instagram.

    If telecoms companies in Nigeria can now allow their subscribers to share airtime with those on other networks; if Guardian Newspapers can venture into online TV, who are you not to embrace change – even when it comes with some initial sacrifices.

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