When it comes to a change in doing business, many individuals are confused by the difference between a disruption and business innovation. A person with an innovative idea may cause a disruption with how things are done. Those who are innovative often follow the established process of doing business. Individuals who are disruptors want to create new ways of thinking, learning and perceiving the world of business. They want to create new rules and a different process. The intention of both is to improve things, while changing them.
According to an article in Forbes magazine, “One source of overall disruption is the proliferation of so many new devices, which has the happy side effect of creating tremendous economies of scale for manufacturers of basic components.”
Development of the smartphone provided entrepreneurs with access to microelectromechanical systems (MEMS). This made it possible for them to create a wide variety of devices utilizing embedded sensor technology. MEMS are so cost effective, they are now found in a variety of devices. They have been used in everything from toothbrushes to wallets. A toothbrush can now transmit information to a smartphone using its embedded sensor. A person know the amount of time and different ways the toothbrush was used. There are now wallets being designed that will not open unless a proper biometric reading is made. A wallet won’t open unless it receives the proper fingerprint and more.
There are now a variety of attachments that enable people to program specific behaviors into common devices. This means that coffee makers can turn on, radios can be turned on and tuned in to specific stations, computers can come on, as well as lights go on before a person even gets out of bed. This device programming means an individual doesn’t need to remember to turn off any devices. This is a huge help to people on the go, or elderly people who may have a tendency to forget to turn things off.
These may not be seen in any dealer showrooms just yet, but that time is fast approaching. During the past years, auto manufacturers have been working toward this goal on a piece by piece basis. They have developed everything from vehicles that can park on their own, to anti-lock breaks and more. Mercedes Benz has designed a driverless vehicle that operates with a number of cameras placed on specific areas on its exterior. During tests, this driverless vehicle successfully handled other vehicles, traffic signs, pedestrians and more. This has caused a problem for governments all over the world. This new technology will require them to create new laws to address its application and use.
There is now a set of goggles available that enables the wearer to manipulate objects in a 3D world. They have been designed with cameras that recognize hand gestures and calculate depth. This technology would be very popular with the video gaming industry. Its developers also see many other types of applications. This technology could enable a surgeon to practice an operation prior to performing it on a real patient. People could train for dangerous situations in a safe 3D virtual world. Experts agree, its applications are far more reaching than anyone realizes.