Twelve Disruptive Technologies You Can’t Afford To Ignore
Disruptive technologies can create significant economic opportunities for their supporters.
At the same time they can leave other business models obsolete.
Recent examples demonstrate that a lack of response to the emergence of a disruptive technology can be catastrophic.
Think manufacturers of record players, camera film or sewing machines and you get the drift.
The McKinsey Global Institute has released a report identifying the twelve most significant technologies that have the potential to deliver major economic transformations and disruptions between now and 2015.
Their report, Disruptive technologies: Advances that will transform life, business, and the global economy, looks at exactly how these technologies could change our world and explains both the benefits and challenges that they may bring.
It is exciting reading, but also sobering given that all of these technologies are available now.
The report simply extrapolates how these will develop in sophistication and how consumer uptake may respond to fundamentally change the world in which we live.
The twelve technologies are:
- Mobile internet
- Automation of knowledge work
- Internet of things
- Cloud technology
- Advanced robotics
- Autonomous vehicles
- Next generation genomics
- Energy storage
- 3D printing
- Advanced materials
- Advanced oil and gas exploration and recovery
- Renewable energy
This report is required reading for all those who want to assess how their current business models, products and future assumptions might be effected.
While disruptive technologies will always have winners and losers, the amount of time you have to determine which you are is reducing exponentially.
The speed with which these technologies are being developed means that some businesses will find out too late.
I recommend The McKinsey Global Institute Report Disruptive Technologies .