From In The Business of Technology
I have been writing about the promise of Vertical focussed Business Services and subsequent rise of offerings such as Google + ITA. But the latest news from Google proves that such vertical adventures are not always successful. Google said on Friday that it plans to shut down two services that proved unpopular: Google Health and Google PowerMeter. This demonstrates that, sometimes strategic calls go false but smart organisations do acknowledge this and close the loss making investments which may not bring strategic growth.
