Technology is constantly changing the way we live. It
seems the tech industry releases some game-changing innovation every year now.
But some technology goes beyond “game-changing” and reaches the title
Disruptive technology describes any innovation that
creates a new market and a new value network, disrupting the old ones. It
transforms a product, solution or service that, in the past, was too
complicated to design or scale due to high prices.
Due to this exclusivity, only the wealthy could afford the
technology. But as it becomes disruptive, it also becomes simpler, more
affordable and more accessible. Thus, it entirely disrupts the norms and
skyrockets to the top of the market for all to afford, utilize and enjoy.
Here are disruptive technology examples that have recently
changed or are changing the way people live.
1. Video Streaming
Video streaming has been around for about 20 years. But it
wasn’t always as popular as it is now, which is what makes it a disruptive
Video streaming began at the bottom of the market. No one
was investing in it and it had limited selections and abilities. Essentially,
there was no reason to purchase it if you didn’t have excess money.
Then Netflix stepped onto the scene and slowly started to
change the game. YouTube followed soon after. Now, every big and small company
is trying to launch its own streaming service.
In fact, streaming is now more popular than cable in the United States.
This is how it became disruptive. It started as an industry trailing behind
rental stores and is now the central platform to consume visual media.
Ridesharing took the idea of taxis and brought it to
everyday drivers. It started small, only operating within a few countries at
first. Then it took off as more and more people discovered the benefits.
First, not all places have taxis to pick you up on a few
minutes’ notice. Second, ridesharing has become typically cheaper than taxis.
So, now you can call your ride from the app and get to where you need to go for
a reasonable price.
Uber and Lyft are no doubt the most popular apps for
ridesharing. They led the way for ridesharing transportation, and
now other companies are following in their footsteps.
Robotics is a branch of engineering technology that
focuses on the development, production and operation of robots. These robots
usually have audio and visual sensors, dexterity and significant intelligence.
Robotics offers a prime example of disruptive technology because of
its previous perceived difficulty and exclusivity. With the rise of investments
into robotics, however, the industry has developed more affordable solutions to
help with everyday life.
Robotic limbs and prosthetics, robotic surgical systems
and security systems are just a few examples of how robotics could change
4. Virtual Reality
While the first three examples have already disrupted
their markets, virtual reality (VR) is an example of tech that is currently in
the process of creating its own. VR involves computer-generated simulations and
the ability to interact with a lifelike 3D environment through a headset or
other visual aid.
VR allows people to see virtual realities that may mimic a
real environment or create an entirely new one. This advancement has
helped the gaming and entertainment industries take
their content to the next level. It’s also coming into play with car companies,
interior designers and more.
As it rises to the top of these industries, it is
disrupting multiple markets and forging a path of its own.
5. 3D Printing
3D printing is another industry that is here to stay, disrupting the methods
and technologies of both standard printers as well as entire industrial
manufacturing processes. 3D printing consists of creating a physical,
three-dimensional object from a computer model.
With the blueprint, the printer creates layer upon layer of
the object with resin, plastic or a powdered metal to mold the shape. With its
advanced capabilities, 3D printing is quickly becoming a hot commodity.
Though perhaps still in the early stages of disruption, it is nevertheless making a splash in the industry. Architects, doctors, designers and others are all finding uses for 3D printing. For example, “bio-printing” may be able to print human tissue in the near future.
Something like 3D printing could go a long way for both recreations as well as saving lives. And it’s only just getting started.
What Will Disrupt the Industry Next?
There are constant innovations happening all the time.
Some are more behind-the scenes than others and may surprise you.
Things like high-speed transportation, virtual education
and LiFi are all gaining traction and are sure to impact everyday life in the
future. Disruption is everywhere. What comes next will always change the game.
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