For : Prof. Muhamad Ali
President, Katen Mills, Inc
Electronic storage industry
This memorandum presents to you some sustaining innovations and disruptive innovations that have affected the electronic storage manufacturing industry for the past 10 years. Sustaining innovations that has helped the industry are the creation of Nanotechnology that enabled the production of storage devices that are smaller but with bigger capacities. On the other hand, the industry has also been affected the presence of the cloud computing technology.
Nanotechnology is an emerging technology that is focused on designing and producing systems on a molecular scale. It is considered a sustaining innovation in several industries because it has been keeping these industries alive. Almost all industries are affected by the innovation. Digital Storage manufacturers are banking on lower costs, higher storage capacity and smaller devices to attract buyers to continuously buy their products. Medical industry uses the technology to find cure and discover diseases. Nanofoods are being developed in the food industry. Military use it to improve the biological sensors, communication system, weapons and medical system. Even the agriculture industry uses nanotechnology to help them improve varieties and production
Cloud computing is a disruptive technology on the other hand, is called by several people as a disruptive technology that is worth the disruption. It has revolutionized the way people conducts businesses. It took away some businesses like brick-and mortar businesses by opened opportunities for web-based businesses. The presence of cloud computing technology provides also opens a new market for the manufacturers of digital storage, because these providers need digital storage with larger capacities thus, giving them a new business opportunity. Emergency services, entertainment and travel management also gained a lot on cloud computing because it made them more accessible clients. Communication systems completely became digitalized and it enabled online collaboration. Cloud computing may have affected the small users and individual users but they have presented themselves as the new clients of them and in a larger-scale.
Industries that are affected by nanotechnology needs to keep up with the trend by adapting them in their operation. A digital storage company cannot remain producing hardisk that are as big as 1 kilogram when there is a technology that enables them to produce one that is the size of a pea. Manufacturer of cameras has to make their devices handier by adapting the technology.
Cloud computing industries affected by the disruption like couriers, traditional communicating companies and brick and mortar industries needs to integrate the use of the technology in their business paradigms to remain alive. Producers of old telephone lines for example have been shifting or adding their services like the provision of internet connectivity instead of just telephone lines to stay in the business.
