disruptive technologies

Disruptive Technologies

Parakum Pathirana Principal Consultant – LOLC Technologies/ Vice President – ISACA Sri Lanka Chapter MSc, FBCS, CISA, CISM, CGEIT, CISSP, ISO 27001 LA, MCP, CHFI, QCS, ITIL

Disclaimer

• I’m employed in the #infosec industry, however not authorized to speak on behalf of my employer/ clients

• Everything I say can be blamed on the voices in your head

My credentials

• 8+ years in #Infosec field

• Tutor, consultant/ advisor, auditor, head of InfoSec

• Sectors: financial, leisure, manufacturing, advertising, gov, insurance, etc.

• Crazy about #cycling, #infosec, #socialmedia

• Still learning and not an expert at anything

• lk.linkedin.com/pub/parakum-pathirana/2/a52/2a2/

Agenda

• Overview

• Realities

• Definitions

• Walsh & Kirchhoff (2000) Model

• Characteristics of disruptive technologies

• Disruptive Tech in IT – blast from the past

• Advantages – Disruptive Tech

• Disadvantages – Disruptive Tech

• Disruptive Tech : Performance over Time

• Potentially Economically Disruptive Technologies

• Case Studies

Overview

“Well-managed companies often fail because the very management practices that

have allowed them to become industry leaders also make it extremely

difficult for them to develop the disruptive technologies that ultimately steal away

their markets”

The Innovator's Dilemma: When New Technologies Cause Great Firms

to Fail (Management of Innovation and Change)... by Clayton M.

Christensen (2013/11)

Realities

• Ongoing race in the digital economy to find better, faster and more efficient technologies

• Information technology platform should both effectively support the organization and simultaneously seek innovative technologies

• Organizations face enormous pressure to stay current in terms of innovative technology and simultaneously to maintain their competitive advantage

Definitions

• "innovations that create an entirely new market through the introduction of a new kind of service or product" - (Christensen and Bower,1995)

• “scientific discoveries that break through the usual product/technology capabilities and provide a basis for a new competitive paradigm” - (Kassicieh et al., 2002)

• “disruptive technologies have the potential to create a new marketplace and in consequence make other industries redundant” - (Tsui, 2001)

• “technology that changes the basis of competition by changing the performance metrics along which firms compete" - (Daneels,2004)

• "also described as risky because it challenges current technologies and is difficult to recognise especially in the early development stages - (Jones, 2005)

• "innovation diffusion” - (Clark, 2003)

Walsh & Kirchhoff Model (2000)

Characteristics of disruptive technologies

• cheaper when procuring and implementing

• simpler - consumer can use the technology without intensive training

• smaller - tech advancements

• convenient

• does not propose greater profits, but it would add value to lower margins

• forces a radical change

• can originate from outside the industry that they affect - exogenous effect

• unpredictable

• greater risks?

- (Christensen, 2000)

Disruptive Tech in IT – blast from the past

Disruptive Tech Displaced Tech

IP Suite Networks that are proprietary

Mini Computers Mainframe Computers

PCs Mini Computers

Flash Drives Floppy Disks

Wi-Fi Standard Network

Infrastructure

Advantages – Disruptive Tech

• new capabilities in a shorter development period

• can provide immediate profitability when used in the relevant environment

• implement technology on reduced costs.

• allows the user quick entry into the market place.

• provide a growth opportunity to companies that recognise the opportunities offered

Disadvantages – Disruptive Tech

• current production processes have to adopt new technology or discontinue production

• customers may resist new technology and therefore the business using the technology could experience failure

• demands a new way of marketing a product

• hard to quantify the commercialization of disruptive technologies

• constitutes a threat to most companies

Disruptive Tech : Performance over Time

•

(Christensen, 2000)

Potentially Economically Disruptive Tech’s

•

Potentially Economically Disruptive Tech’s

•

Potentially Economically Disruptive Tech’s

•

#opSriLanka

#MH17

Case Studies

• Sony

• Fuji vs. Kodak

• Blackphone vs. Blackberry

Q & A