The disruptive technologies that will shape business in the years ahead

Glavas, Charmaine & Letheren, Kate (2016) The disruptive technologies that will shape business in the years ahead. Conversation, January(19).

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Regardless of your industry, the marketplace is continually evolving. The reason, increasingly, is the evolution of disruptive technology.

Disruptive technologies are enhanced or new technological innovations that essentially displace conventional and established technology, rendering it obsolete. They can create opportunities for new products, new markets, and new ways of conducting business.

In 2016, business models will again change as businesses adapt. The enhancement of current technology and the development of new technological innovations will undeniably transform how new businesses are established, and how existing businesses compete. For small and medium-sized firms, technology will also enable significant leaps forward in terms of innovation, efficiency and competitiveness.

Adapting quickly will be essential, so here’s the top six we think you should be prepared for.

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ID Code: 92052
Item Type: Journal Article
Refereed: Yes
Keywords: Disruptive technology, Small business, Future
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Advertising, Marketing & Public Relations
Copyright Owner: Copyright 2016 Conversation Media Group
Deposited On: 20 Jan 2016 00:48
Last Modified: 20 Jan 2016 23:52

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