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Disruptive Innovation - Implementing Technology for Businesses

Autor:   •  May 29, 2018  •  1,622 Words (7 Pages)  •  604 Views

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• Digitization of the dental sector - 3D printing appears to be a pertinent technology for the Orthodontic industry. With 3D scan dentists can print plaster models, positioning trays, orthodontic appliances, clear aligners and retainers. Also they can totally digitize their workflow by reducing the mould time. This cuts down on storage as the 3D files scan are stored in their computer. Storage room is not needed.

• Skin 3D printer for burnt victims - James Yoo has invented a printer that can print skin straight onto the wounds of the burn victims. There are also a host of other technologies with the potential to turn into disruptive technology in the future.

There are also a host of other disruptive technologies that can be leveraged as disruptive innovations in the near future:

Immune Engineering - Scientists are now genetically modifying T-cells (immune cells) in order to fight cancer. The technology is very nascent but looks certain to take the medical industry by storm.

Precise Gene Editing in Plants – This gene-editing provides an accurate way to alter crops to make them yield more food and be drought and disease resistance.

Autonomous vehicle – These driverless cars represent the biggest innovation in the automotive industry for a long time. They have been in the news recently with Google and Tesla leading the way. Using highly detailed maps, real time traffic data and a multitude of sensors, these cars detect their surroundings to navigate their way to the destination.

Social Robots – Humans have been fascinated with robots ever since Isaac Asimov came up with the ‘Three Laws of Robotics’. A social robot is the product of artificial intelligence merged with robotics that is supposed to interact with humans much like their fictional on-screen counterparts. They would respond cues from humans and mimic how a human socializes.

DNA App Store – Building upon the concept of normal application store catering to human needs, a DNA App Store ups the stakes by utilizing the information of its user right down to the genetic information and finding applications tailored to the person’s needs.

Quantum Computers – The next generation of computing is based upon changing the fundamental blocks of computing used throughout history, replacing the bit with a ‘quibit’. It is based on the phenomenon of quantum parallelism which explains the nature and behaviour of energy and matter on the quantum level. The existence of such a computer would represent a jump even greater than the one made from the abacus to a modern day supercomputer, with performance gains in the billion-fold realm and beyond.

The technologies that are written about here might become commonplace and exert their influence on major economies by the year 2025. Simply put it will be too late for businesses, policy makers, and citizens chart a course of action since nobody would like to be the person seen using videocassettes in a DVD world. Time here, as proclaimed throughout history, is money. The technologies talked about have massive disruptive potential, thereby making the range of strategic implication pretty wide. Disruptive innovation is all about applying the right technology at the right place and at the right time. The technology alone does not guarantee success, but its implementation in business is an essential element in the whole formula.

REFERENCES:

- http://www.forbes.com/sites/bigbangdisruption/2016/01/08/the-five-most-disruptive-innovations-at-ces-2016/#1bd504b013aa

- https://www.technologyreview.com/s/600773/10-breakthrough-technologies-2016-power-from-the-air/

- https://www.sculpteo.com/blog/2015/10/22/3d-printing-for-the-medical-industry/

- http://hitconsultant.net/2014/04/01/the-future-of-3d-printing-in-healthcare/

- https://iotworldevent.com/five-ways-iot-will-impact-business-on-a-global-scale/

- http://www.forbes.com/sites/bernardmarr/2015/08/17/3-ways-the-internet-of-things-will-change-every-business/#2f458707d152

- http://www.economist.com/news/business/21679179-clay-christensen-should-not-be-given-last-word-disruptive-innovation-disrupting-mr

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