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Identifying Technology-Driven Business Opportunities
Identifying Technology-Driven Business Opportunities
Technology-driven
Business Opportunities
Presenter: Shara Mae S. Ibe
Rationale:
• Studying and identifying technology driven
business opportunities is essential for staying
relevant, competitive and adaptable in today’s
rapidly evolving business environment.
Learning Outcomes:
• Learn, Develop and Understand.
Emerging technology
Refers to new and innovative technologies that are being developed or have
recently been introduced into the market.
Characteristics:
They are rapidly evolving, with new advancements being made at a fast pace.
They are often interdisciplinary, combining different disciplines such as
computer science, engineering, and biology. They also have the potential to
disrupt traditional industries and ways of doing things.
Emerging technology
Examples:
• Artificial intelligence (AI) and machine learning (ML);
• Blockchain and Web3 technology;
• Intelligent automation and robotic process automation (RPA);
• Internet of things (IoT); and
• Quantum computing.
Impact:
Emerging technologies are expected to reach the plateau of productivity in 10
to 15 years, meaning they will mature and penetrate the market on a large
scale. They have the potential to greatly impact business and society, enabling
digital transformation and opening up new opportunities.
Here are some examples of emerging technologies
and their potential impact on society:
• Artificial Intelligence (AI)
AI has the potential to transform various industries,
including healthcare, finance, and transportation. It can
improve efficiency, reduce costs, and enhance decision-
making.
functions include:
• Reasoning • Problem-Solving
• Learning • Language
Understanding
• Perception
• Robotics
Types:
• Narrow or Weak AI (Artificial Narrow Intelligence -
ANI): This type of AI is designed for specific tasks and is
highly specialized.
• Connectivity • Applications
• Robotics
Robotics refers to the use of robots and automation in various industries, including
manufacturing, healthcare, and transportation. It has the potential to improve efficiency, reduce costs,
and enhance safety
• Virtual Reality
VR refers to the use of computer technology to create a simulated environment. It has the
Technologies Viewed
As Potentially
Disruptive
Presenter: Rashine C.
Lindo
12 Internet of Things (IoT):
interconnectedness of devices and sensors
The
INFORMATION TECHNOLOGY
ARTIFICIAL INTELLIGENCE
IMPACTS OF EMERGING TECHNOLOGY