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Top disruptive technologies to watch in 2014 – part 1

As one writer has well stated, “The most salient aspect of technology is its power to disrupt.  The important innovations are the ones that change our world so profoundly that the previous order becomes not only untenable, but unthinkable.” Perhaps one of the most apparent examples of this is the iPhone. It’s appearance in 2007 heralded a profound shift in the way people communicated, the way they connected to the rest of the world. The ability to connect to the internet via a handheld device and to games, apps, and music was not completely new, but Apple packaged all of these features together in a way that had never been done before.

Or take the concept of the cloud. A few years ago people were asking why they would want to put their content on someone else’s server. After all, won’t it get stolen or compromised? Now, in the era of cloud file sharing solutions like Dropbox and Google docs, the reverse is unthinkable. Many other examples could be given, but the point is . . . and the statement above verifies this . . . that technology is inherently disruptive.

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As innovation continues to change at lightning speed and to disrupt and replace old and outdated technology (meaning, now usually less than 2 years!), small businesses need strategies in place to keep up with the latest trends. There was a time when a business could get by for a while without a social media or mobile strategy, but those days are long gone. Now these technologies are essential for a business to stay afloat. Apply this same point to disruptive technologies and you begin to see the point (by the way, a disruptive technology, or disruptive innovation, is one “that helps create a new market and value network, and eventually disrupts an existing market and value network”). Businesses must either innovate or get left behind.

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The bottom line is that without a clear disruptive business strategy in place organizations could face the same plight as the DoDo bird – extinction! It’s imperative for businesses to be cognizant of the disruptive forces that are impacting their particular industry, and to plan accordingly.

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In this series we want to explore what’s on the horizon for disruptive technologies this year, in  2014. What trends should you be paying attention to right now? Is someone in your organization researching the latest emerging and disruptive technologies? Are you aware of what your competition is doing? What about your customers? These are just some of the questions we’ll be addressing, and which we think you should begin to face too.

So please join us back here tomorrow!

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About Jeffrey Walker

Jeff is a business development consultant who specializes in helping businesses grow through technology innovations and solutions. He holds multiple master’s degrees from institutions such as Andrews University and Columbia University, and leverages this background towards empowering people in today’s digital world. He currently works as a research specialist for a Fortune 100 firm in Boston. When not writing on the latest technology trends, Jeff runs a robotics startup called virtupresence.com, along with oversight and leadership of startuplabs.co - an emerging market assistance company that helps businesses grow through innovation.