The Pros And Cons Of Disruptive Technology

The technology is the revolution to all industries it takes a wide variety of services into every industry in one way or the other, from cell phone service to software services, to medical services such as imaging to electronically medical records are just to name a few items on how technology has expanded and used every day.

Technology has revolutionized the world as it is today. People in different countries thousands of miles away can now communicate at the press of a button. Cities are designed and built using computer programs. Children now have access to a wide range of knowledge when they simply type a question into a search engine on the internet. Products are being

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.

When the word disruptive is mention, I know that some of our minds automatically focus on something that causes trouble or deemed disorderly. However, as it relates to technology in the area of higher education, it is important that we focus on the positive aspects of the word disruptive. Disruptive Innovation can be described as an upgrade to services that we already provide. This upgrade can be seen as more efficient, inexpensive, and easier to access.

Virtualization is being able to give a physical device the power, through the use of software, to do more than that physical device was technically designed and able to do (Santana, 2014, p. 12). For example, a server can only run one operating system at a time. However, when a hypervisor is used in a server, the hypervisor is a layer of software that acts like the server itself so that many operating systems can be run from that one server. The hardware, in this case a server, has been virtualized. The goal is to use all of the computer’s resources all of the time, and the only way to do that is to have enough things running that the resources are being used consistently and efficiently. An analogy for this could be online classes. If each teacher only had one student, the teacher’s resources of time and expertise would not be utilized efficiently because that one student will not need help all day, every day. If the teacher is assigned to fifteen students, the students can still get help when needed from the teacher, and they would not even be aware that they are not alone in the class. Because it is an online class, the teacher does not need any more physical resources to teach an entire class than was needed for one student. The students are receiving the benefits of being taught by that teacher without needing to be with him or her physically.

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.

Technology - has radically changed the way companies do business, extend their influence in the global marketplace and improve the quality and efficiency of their day-to-day operations. It allows businesses to expand

Autonomous cars would be labeled as a disruptive innovation since its implementation could lead to a lower demand for normal cars. This never-before-seen technology may very well be the new hit thing thus also making it a radical innovation. A similar effect can be seen through the creation of smartphones.

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.

In the future, advances technology will change everyday life and businesses beyond recognition. Looking ahead to the next 5 or 10 years, there’s no question technology will continue to dramatically alter our basic understanding of how to conduct businesses, our daily life

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

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

The world is changing rapidly with the new advancement of technology and as a result, our society is encountering several ethical problems that are needed to be discussed and solved as soon as possible to save our civilization from destruction. Our major threat is disruptive technologies as there are intervening a way too deep and may destroy the ethical values of our society. In this paper, we are discussing disruptive technology and their impact on the ethical values of our society. We will also discuss the real-life examples of recent issues generated from different disruptive business and technology and suggest a possible solution for this issue. Our character and knowledge both entities are required for an equitable and resilient

According to the Innovation Policy Platform, a radical or disruptive innovation is an “innovation that has a significant impact on a market and on the economic activity of firms in that market.” (Radical and incremental innovation, 2013, p. 1). From this definition, IBM is a prime example of a radical innovation. The Watson super computer has performed activities no other invention has before. IBM has gone through at least five radical changes in its environment such as