disruptive technology


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disruptive technology

A new technology that has a serious impact on the status quo and changes the way people have been dealing with something, perhaps for decades. Throughout history, there have been many disruptive technologies, including the steam engine, electricity, automobile, telephone, integrated circuit (chip) and the Internet.

More recently in the digital world, music CDs wiped out the phonograph industry within a few years (although audiophiles later created somewhat of a renaissance), and digital cameras demolished the film industry. Smartphones with their built-in cameras practically destroyed the stand-alone camera business. Stay tuned!
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Disruptive Technology displaces the established, shaking up an industry to spawn something ground-breaking - cutting air travel time in half and connecting people faster than ever before would definitely qualify - but what do we actually need and who is asking for it?
Parsons (NYSE:PSN) is a leading disruptive technology provider for the future of global defense, intelligence Parsons and critical infrastructure across cybersecurity and intelligence, missile defense, space, connected communities and physical infrastructure.
In contrast, Naumov (2013) reveals that the disruptive technology leads to various kinds of interruption that can be technological or about market, for example, an old technology can be replaced, but the market leadership may be preserved (Cheng et al., 2017).
"This disruptive technology can help UPS deliver millions of packages in a more sustainable manner, overcoming the obstacles of distance and geography.
Conlon showed results from a recent survey from Princeton Consultants on disruptive technology and its impact on the supply chain.
Saudi Arabia's Vision 2030 "cannot be achieved" without the help of disruptive technology such as 3D printing, according to Autodesk's head of AEC and manufacturing, Naji Atallah.
Zubair Shaikh also said that it is the time of disruptive technology and now with the help of genetic engineering changes have become possible in human genome.
BNP Paribas Asset Management has said that it has launched Parvest Disruptive Technology fund.
At a recent disruptive technology seminar hosted by Rathbones' Newcastle office, artificial intelligence (AI) author and commentator Calum Chace spoke of how humanity is in for quite a rollercoaster ride over the next century, with rapid change principally driven by the consistent rate of machine learning improvement.
A disruptive technology or disruptive innovation is an innovation that helps create a new market and value network, and eventually goes on to disrupt an existing market and value network (over a few years or decades), displacing an earlier technology.
"Gigamon has been steadily growing its influence in the EMEA market with a disruptive technology portfolio that gives unparalleled data-in-motion visibility into public, private and hybrid environments.