Nine Ways To Disrupt An Industry And Make Way For Innovation

by Forbes Technology Council
Republished from Forbes, August 9, 2018

Disrupting current industries seems to be the most effective method for paving the way for innovation. Technology can help do that, and it can do so in just about every industry imaginable. Disruption changes the way things are and gives us a glimpse as to the way things might be.

We asked members of the Forbes Technology Council for their best ideas on which technologies are poised for disruption and why. The answers given indicate that we have a lot to look forward to and that positive change is just around the corner.

1. Artificial Intelligence

Companies in every industry are redefining their processes with artificial intelligence to enhance their product suites. Machine learning allows for real-time meaningful data sets to drive results. We are gaining insight we never had about how customers use our software and how to further automate it behind the scenes. AI is helping us save our clients hours and dollars in ways we never imagined. – Arthur PerelessPereless Systems

2. Voice Technology

Conversational user interfaces are a focus for many businesses as they are becoming more widely adopted. Colossal brands like Amazon and Google are investing in the technology around voice interfaces, which is fueling the demand. As a result, these interfaces are becoming more advanced every day, as myriad industries are recognizing the value of providing users with conversational voice interfaces. User behaviors are shifting from on-screen interaction to voice interfaces, so it’s up to companies to meet these demands by offering more seamless experiences. – Sanjay MalhotraClearbridge Mobile

3. Content Distribution

Netflix, Hulu and Amazon Prime are just the tip of the iceberg when looking at the cord-cutting movement. Major disruption is afoot as it pertains to cable TV and the broadcast TV model. In recent years, this market has slowly crumbled and fought against streaming services. It won’t be streaming that kills TV; it will be the aggregation and distribution of content through outside sources. – Tom Roberto, Core Technology Solutions

4. Machine Learning

Sifting through big data was a time-consuming task before machine learning. Machine learning is helping companies understand consumer behavior at faster speeds and with better accuracy like never before. Diseases can now be diagnosed in super early stages, as machine learning can predict them based on patterns from previous data. And object recognition in images and videos can be helpful in various industries. – Vikram Joshipulsd

5. Speech Interfaces

Whether it’s the Amazon Echo, Google Home or Apple HomePod, the first interactive intelligent device that many children are experiencing before they can type is an audio-only interface. In the same way that younger people educate their parents on new tech today, 10 to 20 years from now, we will all be limping our way through audio interfaces, and our children will be teaching us the basics. – David Isaac


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