Disruptive Technology Essay examples

The major threats that we can discern is the fact that the technology is revolutionary in itself and that those types of technological advances are most of the time adopted by early visionaries. Furthermore explaining the technology to potential clients can become a challenge because the clients themselves don’t know what they are looking for and might also not be willing to consider the expenditures involved in such a project.

Virtualization is a combination of software and hardware engineering that creates Virtual Machines (VMs) - an abstraction of the computer hardware that allows a single machine to act as if it were many machines, or a computer that does not physically exist as a piece of hardware. The hardware that is seen by the operating system is emulated in an effort to separate the physical hardware from operating system. This allows the virtual machine to be moved and hosted on any machine independent of hardware. Virtualization technology is possibly the single most important issue in IT and has started a top to bottom overhaul of the computing industry which is why many companies around the world have are using its softwares to enhance their business opportunities.

Significance: This topic is important to my audience because of the increasing number of people accessing the internet. Implementing virtualization

Cloud computing was a completely new term a short 9 years ago, in 2007. The basis of this technology is to move the workload of IT activities away from an organization, and to one or more third parties that have resources dedicated to processing such things. These can be, but are not limited to, networking, storage, software systems, and applications. Rather than having to create and maintain their own expensive datacenters, companies can pay a fee to use someone else’s. This makes growing businesses extremely flexible, as they can easily gain or remove storage space per their needs. Being able to purchase the use of online storage space is known as “hardware as a service,” or, more simply, “virtualization.” Being able to purchase the use of online software is known as “software as a service.” Both are very powerful tools that allow the minimization of a company’s IT budget.

Virtualization’s rate of adoption is completely characterized by the five characteristics described in the framework for the concepts of innovation (Luftman & Bullen, 2004, p. 189). It is perceived to be better than physical servers in its ability to host multiple operating systems and share the host’s resource. Its encapsulation of resources allows it to operate as if it was a physical machine yet it is totally virtual giving it a relative advantage. It is compatible with all baseline operating systems on the market. Complexity in implementation is minimal making it more attractive to adopt. The vendors allows for free downloads and trials. Its visibility in competition with Microsoft’s Hyper-V has shown multiple advantages. (Luftman & Bullen, 2004, p. 190)

Disruptive technology is a new way of doing something that initially does not meet the needs of existing customers. This type of technology tends to open new markets and destroy old ones. While, a sustaining technology produces an improved product that customers are eager to buy. This technology provides better, faster and cheaper products on established markets.

In this essay I will describe and explain the causes and consequences of disruptive innovation. Firstly I will write about what dualism is, why it is important and how to achieve it. I will continue with describing difficulties, which may occur on a company’s path towards it, namely overshooting and inability to recognize the start of a new industry cycle. Further on, I will go deeper in the reasons, why incumbents fail to recognize the new entrants on the market, specifically “attack from below” and other discontinuous patterns of change. In the end I will describe some of the responses taken by established companies to disruptive technologies.

Technology can be a rich source of competitive advantage for fast moving firms or a major threat for slow adapters

Disruptive technology brings about many opportunities for both innovation and productivity outputs, however it can also be a risk. It includes developments that create substantial change across the economy for most people and businesses, the impact of which causes significant costs to adjust to due to capital being made obsolete and workers becoming underutilised. Clayton Christensen is considered to be the world’s top expert on the concepts of disruption innovation and technology and according to him the ‘introduction of digital disruption offers a better alternative to the present approach for solving customer problems’. Digital disruption is redefining the norm, changing both markets and competitors around the world. Whilst it can be a positive change for

Christensen (Bower & Christensen, 1995; Christensen, 1997) refers the disruptive technology as an “innovation that results in worse product performance in mainstream markets.” It is also described as a ‘typically cheaper, simpler, smaller and frequently more convenient to use’ version of an obtainable merchandise. (Corsi and Di Minin 2014) Hence, the credibility of Christensen’s theory was questioned by some if it’s really reliable or simply a myth theory. This literature review tackles the effectiveness of this theory through samples from other dependable sources that discusses Christensen’s theory of disruptive innovation and such challenges that it may encounter.

As we all know virtualization is the requirement of future. We have evolved from the age of traditional environment to virtual environment.We have grown accustomed to almost all things virtual from virtual memory to virtual networks to virtual storage.The most widely leveraged benefit of virtualization technology is server consolidation, enabling one server to take on the workloads of multiple servers. For example, by consolidating a branch office’s print server, fax server, exchange server, and web server on a single windows server, businesses reduce the costs of hardware, maintenance, and staffing.

Disruptive innovation is when there is now a way to serve the people or market that has not been previously served.

Cloud Services and Virtualization continue to grow in popularity but are they right for your business? These technologies can reduce overhead operation costs, improve utilization of resources and provide a level of flexibility to the organization’s Information Technology (IT) system. Understanding that these technologies do and their pros and cons is the foundation of choosing the right features for your business. Cloud services offer three types of services; Software as a Service (SaaS), Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) to meet the software, infrastructure needs of a business and provides them on a lease type of payment plan. Virtualization has three types of server virtualization, Full virtualization, Para-Virtualization and OS level Virtualization. Similar to Cloud services Virtualization types have features which may suit one business over another. Comparing the features provided by these technologies to total ownership of the IT system is also crucial in selecting the best services for your company as there can be an array of combinations of services contracted and internally owned features. While the perks of these technologies can be beneficial for an organization they should be carefully researched and tailored to the business strategic goals for

There are three critical elements of disruption (these were first identified in the book, The Innovator’s Dilemma and are illustrated in the chart at right): ● A rate of improvement that customers can fully use or absorb. This is represented by the dotted line. ● A rate of improvement that goes beyond what customers can fully use or absorb. The pace of technological progress almost always outstrips the ability of customers in any given tier of the market to use it, in part because companies keep striving to make better products that they can sell for higher profit margins to their most demanding, high-end customers. This rate of improvement is shown by the two solid lines in the chart. ● A distinction between sustaining and disruptive innovation. A sustaining innovation targets those demanding, high-end customers with better performance than previously available, whether that performance is an incremental improvement or a breakFor Additional Information on how to know whether your idea has disruptive potential, go to: http://my.summary.com

This business case investigation discusses in depth about the process of virtualization of servers in an organization and the various benefits of doing so. Giving a brief introduction to the concept of virtualization, it was introduced in the late 1960s when the resources of mainframe computers were divided between several applications. [1] The term virtualization has since then been expanded in terms of practical application. The conversion of the physical server into a pool containing several virtual machines which act individually as one computer is known is hardware virtualization.