The document discusses emerging and disruptive technologies. It defines technology as techniques, skills and processes used to produce goods and services. Emerging technologies are capable of changing the status quo and include technologies still in research that could transform industries like healthcare, education and transportation. Disruptive technologies create new markets by displacing existing technologies, like how personal computers displaced typewriters. Examples provided are PCs, smartphones, cloud computing and social media. Current emerging technologies mentioned are artificial intelligence, blockchain, augmented/virtual reality, internet of things, big data and robotic process automation. The document argues we may be in the midst of a fourth industrial revolution driven by technologies like robotics and autonomous vehicles.
3. Technology
The word “technology” refers to a “collection of techniques,
skills, methods, and processes used in the production of goods
or services.”
5. • Emerging technologies are often perceived as capable of changing
the status quo.
• Emerging technologies cover a wide range of technologies. Many
are still at the research stage and therefore off the radar of policy-
makers, but will in time have transformative effects ranging from
the emergence of new industries, by disruption of current value
chains, to major societal changes in the fields of healthcare ,
communications, Education, Transportation, etc.
7. In business theory, a Disruptive Technology or Disruptive Innovation is
an innovation that creates a new market and value network and
eventually displaces established market-leading firms, products, and
alliances.
Harvard Business School professor Clayton M. Christensen coined the term disruptive
technology. In his 1997 best-selling book, "The Innovator's Dilemma," Christensen
separates new technology into two categories: sustaining and disruptive. Sustaining
technology relies on incremental improvements to an already established technology.
Disruptive technology lacks refinement, often has performance problems because it is
new, appeals to a limited audience and may not yet have a proven practical
application.
8. HERE A FEW EXAMPLES OF DISRUPTIVE TECHNOLOGIES
• The personal computer (PC) displaced the typewriter and forever changed the way we work and communicate.
• The Windows operating system's combination of affordability and a user-friendly interface was instrumental in the rapid
development of the personal computing industry in the 1990s. Personal computing disrupted the television industry, as
well as a great number of other activities.
• Email transformed the way we communicating, largely displacing letter-writing and disrupting the postal and greeting
card industries.
• cell phones made it possible for people to call us anywhere and disrupted the telecom industry.
• The laptop computer and mobile computing made a mobile workforce possible and made it possible for people to
connect to corporate networks and collaborate from anywhere. In many organizations, laptops replaced desktops.
• Smartphones largely replaced cell phones and PDAs and, because of the available apps, also disrupted: pocket cameras,
MP3 players, calculators and GPS devices, among many other possibilities. For some mobile users, smartphones often
replace laptops. Others prefer a tablet.
• Cloud computing has been a hugely disruptive technology in the business world, displacing many resources that would
conventionally have been located in-house or provided as a traditionally hosted service.
• Social networking has had a major impact on the way we communicate and -- especially for personal use -- has
disrupted telephone, email, instant messaging and event planning.
9. LIST OF SOME CURRENTLY AVAILABLE EMERGED
TECHNOLOGIES
• Artificial Intelligence
• Blockchain
• Augmented Reality and Virtual Reality
• Cloud Computing
• Internet of Things (IoT)
• Big Data
• Robotic Processor Automation (RPA)
10. ARE WE IN THE MIDST OF AN INDUSTRIAL
REVOLUTION ?
WHAT IS AN INDUSTRIAL REVOLUTION ?
11. A RAPID MAJOR CHANGE IN AN ECONOMY MARKED BY
THE GENERAL INTRODUCTION OF TECHNOLOGY OR
BY AN IMPORTANT CHANGE IN THE PREVAILING TYPES
AND METHODS OF USE OF SUCH MACHINES.
12. DRIVING FACTORS FOR INDUSTRIAL REVOLUTION?
SOCIAL
FINANCIAL
ENVIRONMENTAL
POLITICAL
The industrial revolution changed the dynamics of our society through rapid urbanization and rise of cities, working
women, rise of the middle class, and creation of job opportunities. The Internet revolution predominately brought
with it changes that were not only technological but societal and pervasive in scope. The Internet today is a
widespread information infrastructure, which is often called the Information Superhighway. It is regarded by many as
the greatest technological disruption of all time.
13.
14. HISTORY OF INDUSTRIAL REVOLUTION
FIRST IR
THE INDUSTRIAL REVOLUTION (IR) IS DESCRIBED AS A TRANSITION TO NEW MANUFACTURING PROCESSES. IR WAS FIRST COINED
IN THE 1760S, DURING THE TIME WHERE THIS REVOLUTION BEGAN
SECOND IR
ALSO KNOWN AS THE TECHNOLOGICAL REVOLUTION, BEGAN SOMEWHERE IN THE 1870S. THE ADVANCEMENTS IN IR 2.0
INCLUDED THE DEVELOPMENT OF METHODS FOR MANUFACTURING INTERCHANGEABLE PARTS
THIRD IR
INTRODUCED THE TRANSITION FROM MECHANICAL AND ANALOGUE ELECTRONIC TECHNOLOGY TO DIGITAL ELECTRONICS
WHICH BEGAN FROM THE LATE 1950S.
FOURTH IR
NOW, WITH ADVANCEMENTS IN VARIOUS TECHNOLOGIES SUCH AS ROBOTICS, INTERNET OF THINGS AND AUTONOMOUS
VEHICLES, THE TERM “FOURTH INDUSTRIAL REVOLUTION” OR IR 4.0 WAS COINED BY KLAUS SCHWAB, THE FOUNDER AND
EXECUTIVE CHAIRMAN OF WORLD ECONOMIC FORUM, IN THE YEAR 2016.
15.
16. HISTORY OF INDUSTRIAL REVOLUTION
FIRST IR
THE INDUSTRIAL REVOLUTION (IR) IS DESCRIBED AS A TRANSITION TO NEW MANUFACTURING PROCESSES. IR WAS FIRST COINED
IN THE 1760S, DURING THE TIME WHERE THIS REVOLUTION BEGAN
SECOND IR
ALSO KNOWN AS THE TECHNOLOGICAL REVOLUTION, BEGAN SOMEWHERE IN THE 1870S. THE ADVANCEMENTS IN IR 2.0
INCLUDED THE DEVELOPMENT OF METHODS FOR MANUFACTURING INTERCHANGEABLE PARTS
THIRD IR
INTRODUCED THE TRANSITION FROM MECHANICAL AND ANALOGUE ELECTRONIC TECHNOLOGY TO DIGITAL ELECTRONICS
WHICH BEGAN FROM THE LATE 1950S.
FOURTH IR
NOW, WITH ADVANCEMENTS IN VARIOUS TECHNOLOGIES SUCH AS ROBOTICS, INTERNET OF THINGS AND AUTONOMOUS
VEHICLES, THE TERM “FOURTH INDUSTRIAL REVOLUTION” OR IR 4.0 WAS COINED BY KLAUS SCHWAB, THE FOUNDER AND
EXECUTIVE CHAIRMAN OF WORLD ECONOMIC FORUM, IN THE YEAR 2016.
17.
18. HISTORY OF INDUSTRIAL REVOLUTION
FIRST IR
THE INDUSTRIAL REVOLUTION (IR) IS DESCRIBED AS A TRANSITION TO NEW MANUFACTURING PROCESSES. IR WAS FIRST COINED
IN THE 1760S, DURING THE TIME WHERE THIS REVOLUTION BEGAN
SECOND IR
ALSO KNOWN AS THE TECHNOLOGICAL REVOLUTION, BEGAN SOMEWHERE IN THE 1870S. THE ADVANCEMENTS IN IR 2.0
INCLUDED THE DEVELOPMENT OF METHODS FOR MANUFACTURING INTERCHANGEABLE PARTS
THIRD IR
INTRODUCED THE TRANSITION FROM MECHANICAL AND ANALOGUE ELECTRONIC TECHNOLOGY TO DIGITAL ELECTRONICS
WHICH BEGAN FROM THE LATE 1950S.
FOURTH IR
NOW, WITH ADVANCEMENTS IN VARIOUS TECHNOLOGIES SUCH AS ROBOTICS, INTERNET OF THINGS AND AUTONOMOUS
VEHICLES, THE TERM “FOURTH INDUSTRIAL REVOLUTION” OR IR 4.0 WAS COINED BY KLAUS SCHWAB, THE FOUNDER AND
EXECUTIVE CHAIRMAN OF WORLD ECONOMIC FORUM, IN THE YEAR 2016.
19.
20. HISTORY OF INDUSTRIAL REVOLUTION
FIRST IR
THE INDUSTRIAL REVOLUTION (IR) IS DESCRIBED AS A TRANSITION TO NEW MANUFACTURING PROCESSES. IR WAS FIRST COINED
IN THE 1760S, DURING THE TIME WHERE THIS REVOLUTION BEGAN
SECOND IR
ALSO KNOWN AS THE TECHNOLOGICAL REVOLUTION, BEGAN SOMEWHERE IN THE 1870S. THE ADVANCEMENTS IN IR 2.0
INCLUDED THE DEVELOPMENT OF METHODS FOR MANUFACTURING INTERCHANGEABLE PARTS
THIRD IR
INTRODUCED THE TRANSITION FROM MECHANICAL AND ANALOGUE ELECTRONIC TECHNOLOGY TO DIGITAL ELECTRONICS
WHICH BEGAN FROM THE LATE 1950S.
FOURTH IR
NOW, WITH ADVANCEMENTS IN VARIOUS TECHNOLOGIES SUCH AS ROBOTICS, INTERNET OF THINGS AND AUTONOMOUS
VEHICLES, THE TERM “FOURTH INDUSTRIAL REVOLUTION” OR IR 4.0 WAS COINED BY KLAUS SCHWAB, THE FOUNDER AND
EXECUTIVE CHAIRMAN OF WORLD ECONOMIC FORUM, IN THE YEAR 2016.