Title: Disruptive Digital Technologies - MIT ID Innovation
15 Disruptive Digital Technologies Shaping Our
Future MITID Innovation
2What is Disruptive Digital Technology
Disruptive digital technology is an innovation
that disrupts and supersedes the existing
technology, thereby significantly altering the
pattern of the operations of industries, business
enterprises, or consumer behavior with its
superior attributes. This term disruptive
technology was defined and popularized by Clayton
M Christensen in 1997.
3History has witnessed the evolution of disruptive
technologies from time to time. Think of how the
intervention of digital imaging displaced the
conventional Kodak films. Likewise, economies get
disrupted by such innovations and tend to adapt
and evolve in due course. The change is
inevitable. Technologies keep changing, so is our
way of life.
4Disruptive Digital Technologies for Tomorrow
Disruptive digital technology is transforming
every industry. Microsensors, smart gadgets,
A.I., nanomaterials, and cloud computing are
innovative technologies transforming the world.
Lets take a look at five disruptive digital
technologies that are going to shape our future.
5Augmented Reality(AR) and Virtual Reality(VR)
AR and VR are technologies that bridge the
physical world and digital world. AR augments our
current environment, and VR supersedes your
surroundings. These technologies are popular in
the gaming and entertainment industry and are
expected to reach 215 billion U.S. dollars by
2021.
6The huge success of Pokémon Go is attributed to
the successful application of AR. Potential
applications of AR VR in other verticals like
healthcare, travel, education, architectural
design, and sports are expected to transform the
consumer experience soon.
7Blockchain
Blockchain, the backbone of the cryptocurrency
like Bitcoin, is a decentralized distributed
digital ledger that records transactions between
two parties. These transactions are authorized
with a digital signature by the user and saved in
the transparent cryptographic network. This
eliminates the need for manual verification.
8Internet of Things
IoT refers to an aggregate collection of
network-enabled devices such as home security
systems, smart appliances such as air
conditioners, refrigerators, smart speakers, and
wearable gadgets like a smartwatch. The IoT
ecosystem enables seamless communication between
people, processes, and things through low-cost
computing, the cloud, data collection with
minimal human intervention.
9Artificial Intelligence
Artificial Intelligence (AI) refers to the
ability of machines and computers to mimic the
learning-ability, decision-making,
problem-solving capacity of the human mind.
Amazons Alexa, Apples Siri, Microsofts
Cortana, and various chatbots are innovations
developed with AI. AI helps in learning and
personalizing customer behavior and providing
high-quality accurate and personalized
experiences to the customer.
103D Printing
Although known for decades, 3D printing has
become more accessible over the last few years.
It has enabled creating prototypes, developing
prosthetics, and in the construction sector as
well. Reduction in lead-time, wastage, and
pollution has given 3D printing the edge over
conventional printing and manufacturing methods.
11About MIT ID Innovation
Improvising and adapting to new technologies is
the way to stay ahead of the race. Companies and
tech giants are scouting to grow their digital
DNA. As per the Gartner survey, 42 of CEOs have
already begun the digital-first approach in
business. IT-Related changes are a top business
priority.
12Conclusion
MIT ID Innovation Programme curates knowledge and
experiences that challenge the very paradigm of
evolution. And that's why we have set out to
define the future of industries, communities,
cities and ecosystems. MIT ID Innovation offers
the best Innovation Courses.
13Wed love to hear
from you.
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