Technical disruptive innovations are an important part of doing business.
Organisations are constantly looking for the disruptive innovations that will keep them at the cutting edge. This is needed to maintain their competitiveness within the domain they operate. A Key example of technical transformation is the one that has swept through the Retail sector. The transformation from catalogue companies to digital retails has been enable by the disruptive innovations of E-commerce platforms.
The change from customers phoning a call centre and ordering by reference to a fashion catalogue has now been replaced by web platform ordering. The access to visual products which can seen through computers , laptops and mobile phones has expanded the customers capability.
Buying Decisions
It usually takes quite a bit of time to evaluate the effect of new technology on a company or industry. There is valuable data and metrics on many supplier websites that show benefits of implementing changes. The issue arises in knowing which companies have actually benefitted from undertaking this sometime large investment.
Technology affects everything from shipping and logistics to sales and marketing, so it is important for companies to be aware of new technologies that can help them in every department.
DataEco Finds key technology trends across a variety of business segments to evaluate what are being invested in the most. Then we mine news stories about these companies and products and correlate them with the existing financial markets.
This data is helpful in understanding if a new technology has helped a company and an industry as a whole.
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