What are the types of disruptive technology that an organization is at risk of encountering? Please explain each of them and how. Also, explain how vulnerable your organization may be in the future to any type of disruptive technology.
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My organization is a Movie rental organization selling bluray DVDs and music to customers. we also sell Superhero Comics,Games and books in our store. The Type of disruptive technology which my organization can face risk to completley bring my business out from market is the introduction of Streaming services and online entertainment.
The introduction of streaming services is in trend and latest in technology market.Today, Customers likes to consumer media on their smartphone, laptop using internet while they have reduce the habit to buy or rend movies from stores like us. This cause my business down a significant rate. the companies like Netflix, Amazon prime, Hulu etc are adopting latest disruptive tech and combining with AI help customers to get new experience which my organization will not be able to provide.
we also see that customers likes to download games online for free and read e-comics on their device so we can see how vulnerrable my business is.
My organization in future will be out of market if this technology online streaming, AI and online gaming is on the rise because there will be no one who want to buy or rent my store services. i either have to adopt the new business and provide streaming services as well to deal wth risk or shut down my business and look for another business.
What are the types of disruptive technology that an organization is at risk of encountering? Please...
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