Disruptive Technology
It comes, leaves an impact and changes everyone’s perception, view and thought! The world is all different. That’s disruptive technology.
Human wants for coziness compels the market to get innovative and from out of nowhere a disruptive technology or concept pops up. Disruptive technology is a technology or concept that have features which very few and generally new segment of the customers value. Products built or developed using this technology are usually cheaper, simpler, smaller and better performing. One of the most popular examples that qualify for this is the transistor that totally replaced the well known Vacuum tubes.
We have seen this happen for countless time in various fields. It might be in the automobile sector, music industry, or a simple VCD, DVD renting business.
In the automobile industry, who can even imagine in their hind sight that GM will be filing for bankrupt protection? This is all because of foreign company’s compact vehicles and hybrid engine technologies. GM has lost its monopoly in the US market only because of the disruptive technologies adopted by foreign companies.
More recently in the music industry, Apple left every other competitor way behind by just combining functionality, stylishness and price on their iPod player with an accessible online iTunes music store. Nobody would have dreamt of the combo of all these features at such a price.
Let’s check an example out which will show how a disruptive concept compel one business following the sustaining technology model, completely out of business. We all are very well known to the business house “Blockbuster” who deals in renting DVDs and VCDs. They are really doing very well until there arrives a business of same kind but with different concept called “Netflix”. They just change the life of a Blockbuster visitor by just making the whole process online. That’s called disruptiveness. Blockbuster tried to remain in the business by making their business online, but alas it’s too late dear. There’s an unconfirmed news too that suggest Netflix bought all of the Blockbuster business and provided some respite to their employees! Do not quote me on that.
“Honey, do you want to see a movie tonight? We can have the kids at my mom’s!”
Telephone is considered as a disruptive discovery. Nowadays we are so dependent on this technology that it is difficult to imagine that when it was first introduced in 1877, people had to be convinced that it was useful. Despite its simple design and seemingly obvious value, it took 75 years for the telephone to reach 50 million users, and it wasn’t until the 1960s that users saw a residential phone as a necessity.
A disruptive technology always has at least one advantage over existing technologies that despite its disadvantages the idea allows it to find a niche, and therefore survive. If the technology is able to improve, typically more rapidly than the existing technology, and also starts performing equally with the existing technology, or at least sufficiently for the market needs, but with the added advantages that it had that allowed it to survive then as a result the existing market steps over to the new technology and the old one literally dies.
Disruptive is the word that has a changing and impacting effect on our life. So remain open to it and embrace the technology gleefully to make the life easy and smooth. Get that iPod off your ears as you read and comment on this – that’s the most recent disruptive wonder we have had in popularity!
(ArticlesBase SC #999029)
Article Tags:
technology
,disruptive
,disruptive technology
,business
,technologies
,innovative
,innovative technologies
,existing technology
,disruptive concept
,sustaining technology
Small Busines Advice - Technology Makeover
Kristin Tucker, of TDK Technologies, boots up some big tips to prolong the life of your business's Technology. (02:11)
How to Sell Technology Assessments
Learn how to sell more technology assessments to your small business clients. Do you often have trouble getting new prospects to commit to their first project with your firm? Technology assessments make a great proving ground project. But you've got to get good at selling them. This short video introduces proven strategies for getting your prospects signed-on for your technology assessments. (04:28)
Cool technology for Your Home
Comprehensive tech news and reviews from GetConnected. This video focuses on different cool technology for your home. (07:29)
Subabru's Latest Car Technology
From turbo-charged engines to continuously variable transmissions, here are new technologies at the 2010 Auto Show from Subaru. (02:35)
Advancements in Medical Technology
From MRI's to cyber-knife treatments, medical technology has advanced greatly in the past century, unfortunately, they come with a price, and they are one of the reasons healthcare costs continue to skyrocket. (00:37)
Innovation refers to how an invention is brought into a commercial usage. Innovation is a core process of turning opportunities into new ideas and of putting these into widely used practice. The real test of innovation success is not a one-off in short term but sustained growth through continuous innovation and adaptation. There are many reasons why it is hard to innovate but majority of them are internal.
Searching for a cheap, legal alternative to subscription TV? Now, thanks to the boundless wonders of the Internet, and some really clever computer geeks and their marketing buddies, you can save a pile of dough on portable TV for your PC! But, beware... before you invest, read this authoritative Four Part Series....
it vividly describes the mergers and acquistions in India and the problems encountered in achieving it. the M&A failure, international experiences are explained. it is a eye opener for the corporate financial personalities and businessman
A detailed and in depth analysis of the pros and cons of an on line education and how both potential employers and students view this new method of education.
The digital revolution is now fully underway. All indicators for on-line purchases, transaction values, traffic, revenue, investment and consumer acceptance levels are rising significantly year on year. But is it reaching everyone?
Driving simulator training offers a more modern way to learn driving. With its advantages over traditional approach, it is judged as the better choice.
Earth 4 Energy Review - Earth 4 Energy Download - Learn More About Earth 4 Energy Review - Earth 4 Energy Download .Earth4Energy is a guide that teaches how to build a homemade solar panel and wind turbine at a very low cost. It also claims to reduce 80%-100% of your electric bill. However, is it true? Did the guide really people in achieving their goal? Well let me share you something about the guide.
Near are many other remuneration to be present obtained from such a generator. Earliest of all its gullible - not exactly of stream, but it is awfully eco-friendly and uses rebuff fossil fuels or else non-renewable energy sources to drive it.
If you’re a big fan of various television series, like Supernatural, House M.D., Heroes, or any other of the popular series that are currently going on the network, you’re going to love what we are going to talk about. As a matter of fact, you will be able to not miss your favorite show wherever you go in the US
There are many occasions, when you simply go out of your home to make a certain visit (i.e. visit to a doctor), or you have to wait for someone. Whatever the occasion is, if it requires certain time of waiting, it can get really boring. Luckily, today’s technologies and electronics have some very nice solutions for such moments.
A woman was held at knifepoint in Sweden. She was able to ask for help from her friends by updating her status on Facebook.
Speech Recognition Technology and Medical Transcription Services now go hand-in-hand.
Today with the power of the internet, we can accomplish so many things online. There are several online methods that make our life easy and simple. One of the areas that have benefitted a lot is the real estate industry. Today property owners who find it hard to manage their property and handle their bookkeeping can benefit from the free online property classifieds. The main idea of using classified ads sites is that you can reach new and more audiences that you will never reach if you use the l
There are several qualities that can be useful in the Forex market today. More and more people are trying to get their own little piece of the profits and there are many technologies being created to help make this process easier.
Those who love to read are going to appreciate the newest in book technology. The Amazon Kindle is going to bring books further into the digital age.
Are you thinking of making the upgrade to Windows 7? Are you curious what you have in store for you when this operating system makes its big kickoff?
Are you thinking of making the upgrade to Windows 7? Are you curious what you have in store for you when this operating system makes its big kickoff?
Are you thinking of making the upgrade to Windows 7? Are you curious what you have in store for you when this operating system makes its big kickoff?
Are you thinking of making the upgrade to Windows 7? Are you curious what you have in store for you when this operating system makes its big kickoff?
Are you tired of a slow computer that takes too long to boot up, process your information or if it lags up on programs and processes or even while surfing the Internet, you may need to take some basic steps to increase the performance of your system.
We hear so many people talking about making money online and what they want to do to make money online. This is why so many advertisers and publishers are online trying to make their own mark.
0