![]() ![]() ![]() Therefore businesses can no longer afford to stay behind the wave of their customers. Users have grown spoiled with options and perfection is the only standard they accept. Imagine the monetary loss of not displaying all those adds to the consumers. Google has also calculated that by slowing down a search results page by a mere 400 milliseconds they could lose up to 8 million searches per day. It has been calculated that if a page on - the world’s most popular online marketplace - would have loaded just one second slower, that could have cost to the company and incredible $1.6 billion in sales each year. Moreover, Businesses have now to deal with the major competitive challenge of a widespread base of tech savvy customers, who expect nothing but perfection. In other words, it is not such a tough challenge anymore to reach 50 million users, but to reach 50 million businesses is tougher game. And the ultimate record achiever in terms of speed was Pokemon Go (Internet + mobile phone), the award winning addictive game which reached 50 million users in barely 19 days from the launch.Īccording to a recent report published by Accenture, it is shown that businesses are now the focus of tech developers to measure growth, as consumer growth has been mastered over the past 100 years. ![]() Even faster WeChat (Internet + mobile phone), in 1 year. For instance, it took Facebook (computer + Internet + mobile phone) only 4 years to reach 50 million users. The rest of the examples are not really 50 million users for the adoption of an innovation, but rather to measure the reach of a service using one of such technologies. Internet was a bullet train in comparison, with 50 million users in just 7 years, and that’s all, when it comes to technology. In fact, by 1987 - only 18 years later - ATMs had been visited by the target number of 50 million users.Ĭomputer set a new record in speed, with the 50 millionth customer achieved in only 14 years, paving the road for mobile phones, which took 12 years. When in 1969 ATMs were invented, getting to 50 million users was a ride down the slope. Television, one of the most widespread technologies of the 1900, took only 22 years to reach 50 million consumers. For instance, credit cards reached the 50 millionth customer after 28 years from the launch. Then from 1950 onwards, in the second half of the past century, we started experiencing faster and faster adoption of multiple technologies. The electricity was faster by 4 years, hitting the mark at 46 years after the domestic introduction to families. Going down the list, the telephone took 50 years to get to 50 million people using it to make calls. Slightly faster was the automotive industry, with 50 million car passengers and drivers in 62 years. It took for instance 64 years for the aviation industry to convince 50 million passengers to sit on an airplane. A traditional assessment for speed of an innovation is the 50 million users mark. Innovation has never been faster in recorded history. ![]()
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