Netflix is a company that made history in part because of the role it played in making traditional video rentals a thing of the past, but no tech company can coast on its past successes forever. Any company that doesn’t keep innovating will fall behind. In the case of Netflix, their growth is being hampered by an influx of new competitors who are all looking to take a bite out of their market share. It’s not as hard to start a streaming service as it used to be, and new players in the sector are all looking to make gains at the expense of Netflix, the company that is synonymous with video streaming. I’m not counting Netflix out yet, but they will need a strategy to stay competitive. That’s why I’m talking about just what moves could save Netflix’s spot in digital content streaming.
Elsewhere in the world of cloud computing, I’m looking at a new paradigm in computer processing speed that could create a $65 billion market opportunity by 2030. More on that right here.
Cheers and good investing,