CANADIAN TECH-GIANT KNOWN FOR ITS SECURITY AND STATE OF ART
HARDWARE DESIGNS. SWOT ANALYSIS Strengths Weakness Opportunities Threats Strong Brand Declining shares Focus on software Competitors like Recognition due to lack of development Apple.inc and advertising Samsung Specialising in Unable to appeal to Cashing on the Technological Cybersecurity consumer demand image of security- advancements and enhancing facilities rapid innovations with Automotive Technology Several Patents in Focus on hardware Using patents to Increased its name acquire competition on partnerships government contracts Enterprise solutions Lack of appeal to Cater to the Market flooded young users current need of with multiple security options With history of more than 40 years, Canadian Tech Company has reported lowest ever market shares.This is a shock for brand fans as blackberry was a name synonymous to security and class. With emerging threats of artificial intelligence, bank frauds and identity thefts, blackberry has an opportunity to emerge out of dust and cash on years of reputation as a secure smartphone. Blackberry is a trusted government brand with major of the revenue coming from public contracts, it is now time for the company to dive into deep waters of customer service worldwide. With competitors like Apple.inc, Samsung and many Chinese brands providing latest technology at cheap rates, it will be a challenge for the company to re-emerge. In later slides, we discuss about the potential business strategies that can be used by blackberry to grow its customer base. BUSINESS STRATEGIES Blackberry has epitome hardware technology making the use of phones customer friendly, now it is time for the company to invest into software development and meet its competitors iOS and Android, leveraging its expertise in security and enterprise solutions. Blackberry should invest in acquiring companies and creating partnerships that will help them in journey of software excellency and use its patents towards creating a unique product. Biggest drawback of Blackberry has been lack of presence in digital marketing world and low budget on advertising. In the world where youth follow digital marketing as a religion and actors and influencers are copied by young aspirants, Blackberry should explore this domain. Lastly, Blackberry has invested heavily in government contracts and enterprises’ dealership, it should diversify its user base exploring new markets in different countries especially in Asian markets. It should explore other products for market leaving its dependency on smartphones. THANK YOU PROJECT BY : CHIRANPREET SINGH SURAJ BAJAJ JATIN SANDAL JAGPAL SINGH ARSHDEEP SINGH