1/10/2019 1:01:32 PM
Disruption survey reveals attitudes of businesses
Disruption,Enterprise Tech
https://appdevelopermagazine.com/images/news_images/Technology-Disruption-App-Developer-Magazine_6voav69j.jpg
App Developer Magazine

Disruption survey reveals attitudes of businesses



Richard Harris Richard Harris in Analytics Thursday, January 10, 2019
9,616

SavoyStewart.co.uk sought to identify whether businesses view technology disruption as an opportunity or threat, through an analysis of the latest research conducted by Futurum.

Analysis of the latest research on how business views technology disruption conducted by Futurum has been analyzed by a company called Savoy Stewart, and the results are interesting.

Technology disruption is defined as ‘technology that displaces an established technology and shakes up the industry or creates a completely new industry’. It was discovered that 1 in 4 businesses still struggle to keep up with the times and thrive from digital disruption. Despite this, whilst weighing up the opportunity vs. threat of technological disruption, 39.6% of businesses feel that it provides them with new opportunities to improve and grow as a company. 

Savoy Stewart determined that it all comes down to the companies approach to technology adaption, with 24.4% surprisingly, admitting to having no approach. 50.4% of businesses reported having a proactive ‘opportunity-minded’ approach, ensuring they remain competitive and up to date. 25.1% of businesses seemingly adopted a passive ‘wait and see’ approach.

Another unsurprising fact was that 30.7% of companies felt the impact of technological change over the past three years has made them less competitive. 

23.4% are a little concerned about their ability to adapt over the next three years, indicating their company is adaptable but passive in their approach, which is close in correlation to the number of businesses that rated themselves to be pure ‘Digital Followers’, at 22%. 

12% of businesses stated they are very worried about their ability to adapt to technological change. 

There is currently a high-stakes global game of digital disruption, fuelled by the latest wave of technological advances spurred by A.I and data analytics. As a result, business models within industry sectors are inevitably changing. Despite the fact 19.3% of companies feel that the pace of technological change has made them significantly more competitive in the past three years, a large majority of companies are still struggling to keep up with this change. 

The window of opportunity to gain competitive advantage generally falls inside a window of three years. It is, therefore, critical for business leaders to understand the value of technologically proactive leadership and operational agility. The faster a company can use technology disruption to their advantage, the more likely it is to surge ahead of its competitors.





Get your Pi Day 2019 Shirt

Love Is Like Pi Never Ending T-Shirt Math Pi day Gift Shirt. Perfect Shirt to celebrate Pi Day 2019. Great gift whether you just love Math or you are a Math Student, Teacher or similar.

475 Tax Deductions for Businesses and Self-Employed Individuals

Are you paying more taxes than you have to as a developer or freelancer? The IRS is certainly not going to tell you about a deduction you failed to take, and your accountant is not likely to take the time to ask you about every deduction you’re entitled to. As former IRS Commissioner Mark Everson admitted, “If you don’t claim it, you don’t get it.

A hands-on guide to mastering mobile forensics for iOS and Android

Get hands-on experience in performing simple to complex mobile forensics techniques Retrieve and analyze data stored not only on mobile devices but also through the cloud and other connected mediums A practical guide to leveraging the power of mobile forensics on popular mobile platforms with lots of tips, tricks, and caveats.

Gps tracker for kids

The Chirp GPS app is a top-ranked location sharing app available for Apple and Android that is super easy to use, and most of all, it's reliable.

The Latest Nerd Ranch Guide (3rd Edition) to Android Programming

Write and run code every step of the way, using Android Studio to create apps that integrate with other apps, download and display pictures from the web, play sounds, and more. Each chapter and app has been designed and tested to provide the knowledge and experience you need to get started in Android development.