Kodak has new technology but no business model

Kodak, a digital camera inventor, eventually died in the hands of the digital technology he developed. Recently, former Kodak employee and digital camera inventor Steve Sasson talked to the media about what he considered to be the "Kodak cause of death" (Kodak is about to end the bankruptcy protection and re-operate). That year, Samson played for Kodak's Applied Research Laboratory. He got a new task - to study a new technology called "charge coupled device". A year later, a digital camera was born under his hand. However, digital imaging technology has changed the entire industry, and at the same time Kodak, one of the world's largest imaging companies, began to fall.

Sasson said: “(The new digital technology brings to the imaging industry) revolution will happen sooner or later. I don’t know when or how big the transformation is. But in the end, Kodak’s core business model is destroyed by new technologies. ."

Sason sighed with the rapid development of digital imaging. He said: "According to today's standards, the first digital photograph I took was only 0.01 megapixels."

Sasson said that in the past many years, Kodak has invested billions of dollars in digital imaging, but it has finally encountered an insurmountable obstacle. "Kodak has become very difficult to change business models. In a sense, The new technology devoured a company that was once lucrative and a household name."

Sasson said that sometimes he feels proud that he has witnessed the development of digital imaging technology together with many industry professionals. In the future, this technology will have more progress.

In 2012, Kodak announced its application for bankruptcy protection, but according to the Wall Street Journal, in the third quarter of this year, Kodak plans to leave bankruptcy protection and return to normal operations. Sassen will continue to serve as a consultant to Kodak.