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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, [11] 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 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 ...
This is a list of obsolete technology, superseded by newer technologies.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 ...
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.
Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. [1] [2] In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of ...
This use of this technology may be ‘disruptive’ to the rest of the industry and create an entirely new product category to define the industry. This may be a brand new technology or significant changes to existing projects. These types of projects often incorporate new and innovative manufacturing or servicing processes.
Smart manufacturing [1] is a broad category of manufacturing that employs computer-integrated manufacturing, high levels of adaptability and rapid design changes, digital information technology, and more flexible technical workforce training. [2]