Disruptive Technologies and Change
Dr Rod Dilnutt is speaking on "Disruptive Technologies and Change" to members of the Australian Computer Society.
Disruptive Technologies and Change Information and Communications Technologies (ICT) are delivering order of magnitude improvements at significantly reduced cost. The ability to create, capture, communicate and process digital information is increasing at exponential rates. By the end of 2013, the 'digital universe' of all digital data created will reach nearly 50 percent more than 2012 volumes and almost a quadrupling of 2010 volumes (IDC 2013). Consequently, deployment of these technologies is causing significant economic, business and social change. In turn, these technological advances, driven by the economic imperative to improve productivity are dramatically changing business practices. This is not necessarily a new phenomenon however, the sheer number, scale and rapidity of these advances is challenging fundamental assumptions we make about the way we live, work and play. The term ‘Disruptive Technology’ has been coined to describe these phenomena and include amongst others: Cloud Computing; Mobile Platforms; The Internet of Things; Big Data and 3D Printing. These advances bring significant benefits however; these changes can also bring about undesirable consequences as workforces shrink or are displaced and as work activities are redesigned, relocated or eliminated. This study explores the impact these advances will have on individuals, communities and societies in the business context. Its aim is to provide leaders with insights into how to best manage the transition into a ‘post-disruption’ environment.