Disruptive Technology – What’s It All About?

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Disruptive Technology Whats It All About?
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• Shaking up markets and creating questions around
  which industries will hit the mark, and which
  will fall below target, technological advancement
  is both exciting and worrying exciting for those
  companies prepared to experiment with new tech,
  and worrying for those who dont have what it
  takes to keep up with the advancements.
• So, whats responsible for creating this major
  shake-up in the business world?
• Disruptive technology what exactly is it?
• Referring to a technology whose application
  directly impacts upon the function of a market or
  industry, disruptive technology can help business
  models generate new markets and values if they
  adapt to it quickly enough, but it almost always
  leads to the disruption of many, well-established
  companies.

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• Occurring less frequently but certainly more
  convenient to use in the long run, disruptive
  technologies have the potential to exceed market
  expectations, once they appear as if they might
  be profit worthy, although its important to note
  that many may not initially satisfy the demands
  of the high-end markets.
• One classic example of disruptive innovation is
  the internet when the worldwide web was first
  introduced, few could have predicted quite how
  much it would go on to change the way we live,
  work and play, and e-commerce has emerged as one
  of the internets leading disruptive
  technologies, with millions of products and
  services available.

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• Disruptive technology in the world of business
• Companies that are already well established, tend
  to shift their focus to their most demanding
  customers early on, and simply dont have the
  flexibility to adapt quickly to new and changing
  needs that may arise. Small companies or startups
  on the other hand, can focus on customers that
  may have been overlooked and gain significant
  momentum as they move to explore new markets.
• While efficiency is the number one goal of large
  companies, young companies or startups tend to be
  more willing (and able) to take risks and
  recognize the potential of disruptive technology,
  before finding ways to incorporate it into their
  business processes.

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• Its also true that some of the biggest
  companies in the world have seen a lot of success
  after disrupting the markets and creating new
  values.
• How does a disruptive technology become a
  success?
• When a company or industry adopts a new
  technology to address trends in consumer behavior
  and expectations, thats the point at which it
  can become truly disruptive technology simply
  cant be disruptive on its own.
• For a disruptive technology to be successful for
  your business, youll need to look at whether you
  have the capabilities to include it in your
  business model, and if you dont, you might need
  help from an organization that can offer you some
  disruptive opportunities.

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• Digital disruptions may not be a subject all
  business owners are comfortable talking about,
  let alone adopting, but as we enter a new and
  distinctly digital era, disruptive technology is
  only to get bigger and better, and to stay ahead
  of your competitors and make a true name for
  yourself in the business world, you might need to
  board the express train to disruption!
• Intelliprise commits to empower organizations
  with cutting edge solutions. Intelliprise in
  Indianapolis, IN offers holistic Enterprise
  solutions, technologies, and systems integration
  for over 200 companies worldwide, ranging from
  startups to Fortune 1000 companies. Many of the
  largest companies outsource their business needs
  to Intelliprise, including leaders in retail,
  travel, e-commerce, education, hospitality,
  manufacturing, consumer goods, logistics, SCM,
  lifestyle, non-profits, and BFSI.