By doing a search of the Internet or by other research methods, find an example

Question

By doing a search of the Internet or by other research methods, find an example of a company that introduced a disruptive technology or effectively used a disruptive technology to create a groundbreaking new product or service. ( Use Email as the disruptive technology)

1) What was the disruptive technology? What new product or service was made possible by this technology? 2) Why do you think this technology or product/service can be classified as disruptive? 3) What was the impact on all the other companies operating in this particular industry? 4) Who were the winners and losers? Explain why some companies prospered while others failed. 5) How did this technology or product/service change the way that people live their lives?

Explanation / Answer

Part A)

In my opinion and personal research, the one company which I believe has been the disruptor because of the application of technology is Tesla Motors under the leadership of Elon Musk.

Here is what Tesla brought to the world:

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Part B)

The simple reason this electrification, automation technology in automobiles is characterised as disruptive because of the innovation it has got to the entire transportation sector.

Tesla today enjoys a leading position in the electronic car sector because of vehicle driving range, battery cost efficiency and ton-mile per KWH. This has shown how Tesla can be a leader in the $7trillion dollar industry of transportation.

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Part C)

The impact on all others companies included:

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Part D)

Examples of winners/losers due to the impact of Tesla:

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Part E)

How did the product lead to a transformation in the way people live their lives:

With the world moving towards sustainable development goals & greener technologies this idea impacted & inspired the lives of millions around the world especially the countries having huge fuel consumption because of the numbers of cars.

It is predicted that by 2040 54% of cars sold across the globe will be electric and many countries like France & the UK are planning to ban the sale of fossil fuel burning cars. All of these positive changes have been possible because of Tesla.

Tesla has inspired many new startups and companies both old and new working in the sector to adopt these technologies and bring the change necessary for the automobile industry. It has re-defined the way transportation is now perceived and has helped in bringing such innovations which may have huge research & development expenditure at present but promises to impact many communities for a longer duration.

Tesla has influenced the other car makers and companies to change their tech and how it looks like. It has the potential to contribute to areas like reduced accidents as one research/data shows that more than 94% of collisions happen because of human error.

Overall Tesla is contributing to push the solar energy methods forward, introducing new jobs and skills in the 21st-century industrial phase & leading by example.

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