Disruptive Trends and Innovations

Technological advances are now accelerating faster than ever before. They’re blurring the lines between the physical, digital, and biological domains. Technology’s pace of change has had a profound impact across nearly every industry. These days it’s not enough to keep atop of emerging technologies but to keep ahead of them. Organizations that fail to anticipate these and other emerging trends risk a rapidly accelerating existential crisis.

As technology continues to evolve, we can expect it to impact all aspects of our lives and society as a whole. The pace of innovation is incredibly fast with new things being discovered daily. From advanced robotics and artificial intelligence to augmented reality, disruptive technologies and trends are driving how businesses get done in the years to come. Disruptive innovation is an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leaders and alliances. To get a sense of where businesses should place their bets, we spoke with Jeremy Abelson, a recognized entrepreneur and investor in disruptive technologies, about what he sees most likely affecting a wide variety of organizations as they undergo digital transformations. Mr.Abelson gave us his top picks for what should be on your radar, as well as some insights into the implications of adopting these disruptive technologies.

Disruptive technology significantly alters the way businesses or entire industries operate. It often forces companies to change the way they approach their business for fear of losing market share or becoming irrelevant. Economies get disrupted by innovation and evolve. Most great innovations in history were disruptive. Democracy disrupted monarchy. The car disrupted horse breeders. Email disrupted the postal service and the envelope manufacturers. Risk-taking companies may recognize the potential of disruptive technology and target new markets to try and find ways to incorporate it into their business processes.

For Jeremy Abelson, it is Artificial Intelligence., robotics, nanomaterials, biotech, bioinformatics, quantum computing and the Internet of Things (IoT) the technologies that are transforming the world. Digital technologies such as mobile, social media, smartphones, big data, predictive analytics and cloud are fundamentally different than the preceding IT-based technologies.