What were man’s greatest discovery and invention? Was it when he discovered the use of fire, or when he was able to communicate people from afar by the use of telephone? Or when he invented a thing called the computer?
The emergence and development of the age of the Internet– a revolution which changed and continues to change the way our world “works, plays, communicates, shops and even falls in love” (John Heilemann)
Like any success, everything has a story. Behind the things we have today on the internet, there was a story about David and Goliath (modern version).
It was 1993 when a group of nerds coded a software called Mosaic, Mosaic was a gift to humanity which enables the ordinary people to use the Internet other than the geeks and scientists. This software shows a lot of potential in dominating the market but they don’t have the resources (eg. money). This is when Jim Clark came into action and invested a lot of money for Netscape Communications Corporation. By 1995, Netscape’s Navigator was the popular choice of browser in the marketplace.
Sensing how David (Netscape) climbed its way up and dominated all the platforms, there usage share increased, but that success threatened Bill Gates’ Microsoft.This is when Microsoft created the Internet Explorer 1.0, a pity moment for Andreessen, Clark, and the engineers because Microsoft introduced Internet Explorer 1.0 to the public. This is a huge U-turn to the competition where the “giant” gets up and reclaim the throne. (It’s difficult to compete against the monopoly giant considering Netscape’s limited resources.) Microsoft’s Internet Explorer (IE) lagged Netscape’s Navigator for their browser was bundled to their Windows Operating System.
By 1998, Netscape lost the battle of browser wars. Microsoft won for their pricing strategy and Netscape was left with no remaining serious competition to its market share.
Today, Internet Explorer’s market share has been eroded by other competitors who are much equipped to match the “giant”. The emergence of new browsers like Google Chrome, Mozilla Firefox, Opera and Safari took place.
This 45-minute minute video is an eye-opener to everyone of us – that despite the success of the web business today, we faced a lot of challenges including competitors. We learned also how to cope up with competition and be resilient and flexible when the situation arises.