Disruptive technology is an innovation that significantly alters the way that consumers, industries, or businesses operate. Disruptive technology sweeps away systems replaced because it has attributes that are recognizably superior.
Sound familiar?
Here's some examples
THREAD!
Sound familiar?
Here's some examples
THREAD!
Recent disruptive technology examples include e-commerce, online news sites, ride-sharing apps, and GPS systems.
In their own times, the automobile, electricity service, and television were disruptive technologies!
In their own times, the automobile, electricity service, and television were disruptive technologies!
Established companies often lack the flexibility to adapt quickly to new threats.
That allows disruptors to move upstream over time and gain significant market share.
That allows disruptors to move upstream over time and gain significant market share.
Risk-taking companies may recognize the potential of disruptive technology in their own business processes.
These are the innovators of the adoption lifecycle.
Other companies may take a risk-averse position and adopt innovation only after seeing how it performs for others.
These are the innovators of the adoption lifecycle.
Other companies may take a risk-averse position and adopt innovation only after seeing how it performs for others.
Companies that fail to account for the effects of disruptive technology may find themselves losing market share to competitors that have discovered ways to integrate the technology.
Investing in companies that create or adopt disruptive technologies carries significant risk!
Investing in companies that create or adopt disruptive technologies carries significant risk!
Many products considered disruptive take years to be adopted or are not adopted at all. The Segway electric vehicle was once touted as a disruptive technology until it wasn't.
Investors can gain exposure to disruptive technology by investing in exchange-traded funds (ETFs)!
Investors can gain exposure to disruptive technology by investing in exchange-traded funds (ETFs)!