DISRUPTIVE TECHNOLOGY

Disruptive Technology

Disruptive Technology

Introduction

The term disruptive technology or disruptive innovation refers to an innovative technology in relation to product or service which ends up replacing a dominant technology in the market. The replacement of the old technology and market values with the new one eventually disrupt the whole market. Disruptive technology is the bearer of tremendous opportunity and equally a harbinger of obsolescence. Technology's impact on society and business is substantial, if not underestimated (Christensen, Horn & Johnson, 2008). As technology continues to become part of everyday life, it becomes disruptive in how people communicate, work, and connect. The evolution of ...