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The term disruptive technologies was coined by Clayton M. Christensen and introduced in his 1995 article Disruptive Technologies: Catching the Wave, [13] which he cowrote with Joseph Bower. The article is aimed at both management executives who make the funding or purchasing decisions in companies, as well as the research community, which is ...
This is a list of obsolete technology, superseded by newer technologies. Obsolescence is defined as the "transition from available to unavailable from the manufacturer in accordance with the original specification." [1] Newer technologies can mostly be considered as disruptive innovation. Many older technologies co-exist with newer alternatives ...
This is a list of emerging technologies, which are in-development technical innovations that have significant potential in their applications. The criteria for this list is that the technology must: Exist in some way; purely hypothetical technologies cannot be considered emerging and should be covered in the list of hypothetical technologies ...
The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail, first published in 1997, is the best-known work of the Harvard professor and businessman Clayton Christensen. It expands on the concept of disruptive technologies, a term he coined in a 1995 article "Disruptive Technologies: Catching the Wave". [1]
Customization of vehicles is also enabled by IIoT due to the modularity and connectivity of this technology. [45] While in the past they worked separately, IIoT now enables humans and robots to cooperate. [46] Robots take on heavy and repetitive activities, so the manufacturing cycles are quicker and the vehicle comes to the market more rapidly.
An example of the former was the gradual roll-out of DVD (digital video disc) as a development intended to follow on from the previous optical technology compact disc. By contrast, disruptive technologies are those where a new method replaces the previous technology and makes it redundant, for example, the replacement of horse-drawn carriages ...
In addition, the pace of recognition of Industry 4.0 and policy transition varies across countries; the definition of Industry 4.0 is not harmonised. One of the most known figures is Jeremy Rifkin who "agree[s] that digitalization is the hallmark and defining technology in what has become known as the Third Industrial Revolution". [33]
Some of the key technologies in the smart manufacturing movement include big data processing capabilities, industrial connectivity devices and services, and advanced robotics. [5] Graphic of a sample manufacturing control system showing the interconnectivity of data analysis, computing and automation. [6]