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Disruptive Innovation Assumes An Extremely Important Role in
Disruptive Innovation Assumes An Extremely Important Role in
Technology has the power to completely alter the course of the future. But
have you ever thought about what technology would be called whose
introduction significantly affects the working and functions of a market or
even an industry? Such technology or type of innovation is referred to
as disruptive innovation.
Disruptive innovation assumes an extremely important role in
the innovation framework of an organization. Here are two examples of
how disruptive innovation has changed the course of business over time:
Internet
The biggest example of disruptive innovation that is ever known is the
Internet. The company that has modified itself to be tech-savvy over time
and adopt Internet usage is far more successful than those who did not
adapt to the Internet.
Artificial Intelligence
Artificial intelligence is another example of disruptive innovation that has
modified how an enterprise carries out its functioning. Large sets of data
which is unstructured could now be analyzed easily through artificial
intelligence.
Now that it is clear what is disruptive innovation, let us understand how
disruptive technology can benefit your business:
Improvement of processes
To provide solutions to the problems of the consumers, modern methods
need to be adopted. Disruptive innovation modifies how a company
evaluates its processes and how to adapt according to them, helps in the
provision of better services, and brings about a modification in the industry.
It will improve and modernize a lot of processes of a company, which
further benefits the company a lot.
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