I commonly hear about disruptive technologies and thought I would have a look into how they apply and add value to the enterprise?
The term ‘disruptive technologies’ was coined by Clayton M. Christensen in the book; Disruptive Technologies: Catching the Wave (1995). He defined a disruptive technology as one that either creates a new market or changes the value of a market while displacing an existing technology. The opposite being a ‘sustaining technology’, one that has small increments of improvements. The consumers have seen some very exciting disruptive technologies of late, most notable is wearable technology like Smartwatch’s, Fitness bands, Google Glass, Myo Gesture control band and the Oculus Rift VR headset to name a few. These new wave of devices are changing the way we interact with technology and our surroundings.
The enterprise has also had its fair share of disruptive technologies of late with Software Defined Network (SDN), Network Function Virtualization (NFV), the full suite of functions as a service (Paas/Saas/Iaas etc) changing the way IT delivers services to its employees and customers. SDN,NFV etc already receive good coverage and will do for a long time to come, the two I find very interesting and not getting as much visibility at the moment are Internet of Things (IoT) and Machine to Machine (M2M).
These two technologies are nearly one and the same; the connection of advanced embedded computing devices, sensors or appliances, over either private of public networks to allow a new level of control and information gathering. The main differences between the two is that M2M has been around for a while and is mainly over private networks. IoT, as the name suggests is internet connected and has a much greater potential to change the way we go about our daily lives, operate our businesses and in fact already do.
The commercial applications for IoT are still in their infancy and I don’t expect to see the technology used to its full potential for years to come. Deploying these new technologies into the business are often the reserve for the risk takers and early adopters as they are high risk with unknown intangible outcomes. Ultimately to be consider viable these technologies need to integrate into the business in such a way that will increase competitive advantage or reduce bottom line costs.