BlackBerry has pulled off something very rare. Once a leader in the smartphone industry the company has successfully changed its business model from a focus on smartphones to software after years of restructuring.
The company known for it’s smartphones with physical keyboards and secure email was once preferred by business and governments alike. At its peak, BlackBerry was a dominant player controlled a huge percentage of the world’s smartphone market.
The introduction of Apple’s iPhone in 2007 and rise of Android devices thereafter changed the smartphone industry. Blackberry loss market share and struggled to stay relevant with smartphone users.
These days, BlackBerry concentrates on building software for the automotive industry, cybersecurity and more. It’s QNX software platform has become a dominant player in the automotive industry and it’s cybersecurity division provides tools for the military, governments and businesses alike.
The company beat analyst revenue forecasts and issued upbeat guidance, well above estimates. Executives at BlackBerry point to grow in cybersecurity and embedded software as key drivers.
BlackBerry future look bright, as it’s move to growth areas of the software industry is now complete.
The post BlackBerry Surprising Turnaround appeared first on SiteProNews.
BlackBerry has pulled off something very rare. Once a leader in the smartphone industry the company has successfully changed its business model from a focus on smartphones to software after years of restructuring.
The company known for it’s smartphones with physical keyboards and secure email was once preferred by business and governments alike. At its peak, BlackBerry was a dominant player controlled a huge percentage of the world’s smartphone market.
The introduction of Apple’s iPhone in 2007 and rise of Android devices thereafter changed the smartphone industry. Blackberry loss market share and struggled to stay relevant with smartphone users.
These days, BlackBerry concentrates on building software for the automotive industry, cybersecurity and more. It’s QNX software platform has become a dominant player in the automotive industry and it’s cybersecurity division provides tools for the military, governments and businesses alike.
The company beat analyst revenue forecasts and issued upbeat guidance, well above estimates. Executives at BlackBerry point to grow in cybersecurity and embedded software as key drivers.
BlackBerry future look bright, as it’s move to growth areas of the software industry is now complete.
The post BlackBerry Surprising Turnaround appeared first on SiteProNews.
BlackBerry has pulled off something very rare. Once a leader in the smartphone industry the company has successfully changed its business model from a focus on smartphones to software after years of restructuring.
The company known for it’s smartphones with physical keyboards and secure email was once preferred by business and governments alike. At its peak, BlackBerry was a dominant player controlled a huge percentage of the world’s smartphone market.
The introduction of Apple’s iPhone in 2007 and rise of Android devices thereafter changed the smartphone industry. Blackberry loss market share and struggled to stay relevant with smartphone users.
These days, BlackBerry concentrates on building software for the automotive industry, cybersecurity and more. It’s QNX software platform has become a dominant player in the automotive industry and it’s cybersecurity division provides tools for the military, governments and businesses alike.
The company beat analyst revenue forecasts and issued upbeat guidance, well above estimates. Executives at BlackBerry point to grow in cybersecurity and embedded software as key drivers.
BlackBerry future look bright, as it’s move to growth areas of the software industry is now complete.
The post BlackBerry Surprising Turnaround appeared first on SiteProNews.
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