INTRODUCTION
Recently, RIM company, released their latest blackberry Z10, BlackBerry Z10 in the end cannot save this upcoming fallen giant, the key here in one fell swoop, the company recently put the latest version of the BlackBerry smartphone delivered to operators for testing. This also marks RIM to convince consumers and carriers. The Blackberry can come back to the start.
With Apple Inc into the mobile phone industry and a growing number of mobile phone use Google Android system, are serious challenges to the Blackberry company's mobile phone sales, not only that, in other product areas, RIM also was a challenge.
This article will be to clarify the development of the Blackberry company in the past 10 years, and explains how companies in the international business environment and how it affects the future development of the company.
Background of RIM
Research in Motion was founded in 1984 by Mike Lazaridis; he named the company in reference to the term "poetry in motion", which he had recently encountered in a football-related article in a newspaper. ( Krashinsky, Susan 2013-01-30. "What’s in a name? Maybe corporate survival ". The Globe and Mail. Retrieved 2013-01-30. )
The company worked with RAM Mobile Data and Ericsson to turn the Ericsson-developed Mobitex wireless data network into a two-way paging and wireless e-mail network. Pivotal in this development was the release of the Inter@ctive Pager 950, which started shipping in August 1998. About the size of a bar of soap, this device competed against the SkyTel two-way paging network developed by Motorola.
RIM's early development was financed by Canadian institutional and venture capital investors in 1995 through a private placement in the privately held company. Working Ventures Canadian Fund Inc. led the first venture round with a C$5,000,000 investment with the proceeds being used to complete the development of RIM's two-way paging system hardware and software. (Working Ventures Canadian Fund Inc. led the first venture round, Cantech 2010-03-29, My 1996 investment in RIM; Adam Adamou remembers ) A total of C$30,000,000 in pre-IPO financing was raised by the company prior to its initial public offering on the Toronto Stock Exchange in January 1998 under the symbol RIM.( "Financing the BlackBerry". Blackberrynationbook.com. Retrieved February 18, 2011.)
RIM was founded in 1984. It has a very brilliant success story, is also faced with the enormous challenges of the current situation resulting from the decrease in market share.
In my opinion, RIM had 2 factors led to success , firstly, RIM's success mainly depends on the popularity of push e-mail function, secondly, Carrier- friendly business model, this model is very competitive enterprise customers. The most well-known is certainly the Blackberry, a revolutionary product that enabled people to send email via a small portable device using a small keyboard. Many other features were added to the device over the years, enabling it to be used as a cell phone, web-browser, and much more.( Jean-François Nobert, 2012-07-06, RIM Success Lies In Paradox) RIM to expand their market share through the acquisition of companies in different industries, for example, RIM acquired DataViz, Inc. in 8th Sep 2010. DataViz Inc. is a software company located in Milford, Conn.( Bradley, Tony. "RIM Buys "Documents To Go", But Microsoft Missed Out". PC world. Retrieved September 8, 2010.)
Growth and Performance of RIM 1. Growth
RIM in the past 10 years, the company's business is divided into two phases: (1) 2002-2008 legendary company substantial growth; (2) 2009-2011 the company's significant market share decline, especially in the United States is particularly significant.
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(the Qurufocus website, http://www.gurufocus.com/news/181501/rim-success-lies-in-paradox, 2013-02-27)
1.1.1 The success story of Research and Motion
RIM rely mainly on three parts for the company to profitability, Net income, Operating income
Introduction Assignment part 1, I analyzed RIM the development and performance of the past decade, to study the market environment of the company at the same time draw what factors may influence the course of future development RIM. This report will analyze the impact of the RIM company to enter the Chinese market development and business environment for him, and at the same time given a RIM market planning. RIM is a large multinational communications equipment, his products in many areas are…
Your research should lead to answers to the following questions. 1. What were some of the challenges that RIM faced to protect its intellectual property, and how did RIM handle those challenges? 2. What were some of the industry factors that influenced RIM? 3. Apply as many TCOs as you can to the RIM. Usually, when I hear the phrase “product development”, I think of a process that involves the creation, development, modification of an existing product, its presentation; or the formulation of an…
To: Board of Director From: Managing Consultant Date: 4th November 2010 Subject: Research In Motion (RIM): Managing Explosive Growth 1. Introduction After reviewing the background and operation of the Research in Motion (RIM) organization, it showed that the organization itself does not provide vision and mission statement to their employees as well as the public. According to Thompson and Strickland (2010), a strategic vision delineates management’s aspirations for the business, providing…
phones will overtake feuture phone users by 2011 (Nielsen 2010). The main challenge for RIM is to take develep market in countries like china, India and UAE, in these countries has raised concerns over the security feuture which black berry hs provide to its users, as its become hard for the government to moniter.(BBC 2010). Not only in these countries , but contriles like Saudi Arabia, Indonasia, Kuwait, and eygyt RIM has been scrutinised for the same reson which I mentioned above (Guardin 2010). Another…
Introduction to Research In Motion (RIM) Canadian-based company Research In Motion (RIM) is an excellent case study in the challenges associated with Intellectual Property rights, especially in light of the company’s need to operate within the Intellectual Property frameworks of countries across the globe. Started by then twenty-three year old, Mike Lazardis in 1984, RIM has been involved on both sides of patent infringement law suits since the year 2000. RIM began in earnest as a venture capital…
of the Canadian publicly traded company Research in Motion (TSX: Blackberry [BB]) so that they can conclude and make an informed decision whether to invest in the company in the long term. Some prior knowledge of accounting is required to full understand what is being discussed in this report. Background Research in motion (RIM) (publicly traded in the TSX under Blackberry[BB]) was founded in 1984 selling computer software. In 1999, they were the first company to start selling cellular telephones…
purchases in US was BB. Worldwide the company (then RIM) was only second to Nokia in the smartphone business, which was only emerging with great steam. BB market share kept growing and peaked in 2009. Then Apple came into smartphone market and changed the game completely. There were several factors that contributed to this downfall which ultimately changed the market shares completely. Missing Touch: The first is simple, but perhaps the most difficult for RIM to overcome: a lack of innovation in…
Research In Motion Limited (RIM) Introduction to RIM: Research In Motion Limited (RIM) well somebody thinks it's an unfamiliar name to think, well it is nothing but the telecommunication organization which started producing many wireless modems and helped many famed organizations to success in their business. R.I.M is the global leader in wireless innovation which introduced the mobile BlackBerry in to the world, later on entire R.I.M organization unofficially called as BlackBerry in many…
One Man’s Effect on RIM Section I – Background Information This section contains information on the inception of Research in Motion (RIM), RIM’s advances in wireless technology, and its current state. There is also an examination of three key individuals in the RIM corporate history: Mike Lazaridis, Jim Balsillie, and Larry Conlee. The success and failure of the company, and the identification of the problem statement, is related to the relationship between these three key individuals and the…
Company and Management Background: Research in Motion (RIM) was founded in 1984 in Waterloo, Ontario. Its founders were then university students Mike Lazaridis and Douglas Fregin. Since its inception in 1984, the company’s product offerings have expanded from the designing, manufacturing and marketing of wireless communication devices to the provision of e-mail, phone, short message service, internet and intra-net application solutions. The company was a pioneer in smartphone devices and until the…