Let us start by defining the term “Disruptive Innovation.” The Wikipedia definition is “an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market-leading firms, products, and alliances.” Almost every business today is worried about disruption in their industry. Where will the next competitor
Cost arbitrage is the tide that lifted many boats, large and small. In turn, that brought advantages of scale, given the vast talent pool that was readily available. Add well-defined process to the mix, and you had a well-oiled engine that could execute with predictability time and again, giving rise to the factory model of
When sci-fi movies hit the screen, film enthusiasts undoubtedly flock to theaters. The reason being very simple that we are fascinated by robotics, and that’s why movies like Star Wars, Transformers etc. received thumping reception. What if robotics enter office space and take over some of the critical jobs? Not sure if you have thought
The era of localized banking with manual paper transactions would remind the earlier generation about the time and physical pain of record keeping meted out from the banking system. The long queues, the token systems, necessity of physical presence etc. even for transactions such as depositing or withdrawing a few currency notes must have taken
Do you know that the mobile handset manufacturer Nokia once sold rubber boots? Wonder what’s the reason behind christening such off-beat name for oil major Shell? If your intuitions picked up the images of sea shells when you heard of it, you are bang on! There are many such stories behind today’s big names as
When blockchain technology first hit the market through BitCoin, it came bundled with many apprehensions and myths. The blockchain is a path-breaking technology that’s intended to derail the hidden agendas, secret transactions, and monopoly with the help of a public ledger. While the transaction details and party names would be available, the complete information would,
Artificial Intelligence was introduced to us in fairy tales followed by flicks, television series and remained to be a fantasy until Arthur Samuel gave a realistic touch to his vague idea way back in 1952. The first chess game—Checkers that had the ability to replace a human player—became a sensation back then. Kick starting its
Despite enterprises embracing the cloud and other trending technologies, a good number of companies are still in the clutches of legacy IT infrastructure. At least, 97% of respondents have said that legacy IT infrastructure will face a bumpy ride while fulfilling the requirements of cloud, according to a survey by Riverbed. The survey even revealed
The success of an organization largely depends on the way it leverages business intelligence. BI is a binding thread to the transformation of enterprises by providing analyzed data as information to key decision makers. Given that all enterprises can’t have adequate business analysts in handling the BI, a new concept self-service BI developed somewhere around