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1988, 25 years from now...

Day In The Life

This article published by The Los Angeles Time and written just one month before Duo UK was founded in 1988 predicted what life would look like in the year 2013. The 2013 of today may not be as sophisticated as 1988 expected, we don't all currently own robot maids to carry out our day to day chores like making food and cleaning or even have money that can be tracked back to the owner via barcodes on notes. However there are some similarities between then and now; 25 years on and Duo UK shares the same vision, drive and passion to produce quality polythene packaging products as it did on day one. Duo isn't the only business who has flourished in there first 25 years of business. Here are just a few examples of the companies and their story beginning with their launch back in 1988. 

Lenovo

Lenovo: Just 7 years after IBM releases the world's first personal computer Lenovo entered the booming technology market under the name 'legend' in 1988. The company had just 200,000 Yuan (GBP £21,472) of investment for start-up capital and a small workforce however have managed to grow enough in order to acquire their competitor IBM's PC business in 2005. From then on the company have consistently grown into a technology giant and the world's largest supplier of PC's as of July 2013 with a work force of 27,000 staff and a total revenue of  USD $29.57 billion.

Paddy Power: Today the biggest betting company in Europe. Born in the same year as Duo and founded by 3 Irish bookmakers. Paddy power initially was based purely in Ireland until their expansion to the UK and parts of Europe, the expansion continued with the advancements in technology and the increased popularity of the internet with the new website allowing people to bet online from the comfort of there own home. In May 2010 Paddy Power became the first bookmakers in the world to produce a Smartphone app, since then mobile betting has become one of the biggest growth areas in the company and the largest area for revenue.

Scandisc

SanDisk: If you have saved any type of file or taken a picture today, chances are you've used a SanDisk product to store it on. SanDisk supply flash storage and hard drives for iPhones, iPads, Macs, iPods, Smartphone's, laptops, pen drives, cameras and many more technology products. In 1990 the average cost of 1GB of storage would have cost £7325.53, at present the cost for the same amount is £0.03 In 1988 the three founders of SanDisk had a vision of creating flash memory for "an emerging new class of compact, portable products, such as hand-held computers, electronic notebooks, solid-state cameras…and cellular telephones." Their vision was to become a reality with a huge surge in technological advancements in mobile and portable technology in particularly 20 years later as the first android and iPhone Smartphone's were introduced and rolled out in 2007/08. As a result of the massive increase of storage and substantial reduction in size SanDisk has been partly responsible for the increased portability of computer technology over time and the evolution of digital cameras.

 

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