DISRUPTION IN TECHNOLOGY

What will the new technology era be like?

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A new wave of innovation is coming, which will not only change what we do, but who we are. The future will be defined by people who are capable of adopting new ways of working, sharing and collaborating.

Disruption.

WHAT DOES TECHNOLOGICAL DISRUPTION MEAN?

Disruption, a word that is now in fashion, occurs when technology changes the rules of the market, the lives of people or society as a whole. Two examples of "disruptive" products were the printing press, which allowed the unrestricted circulation of information, where ideas transcended borders, or the iPhone, a mini-computer that has sneaked into the pockets of hundreds of millions of people.

What will the technology of the future look like? Will iPhone become the universal Big Ben of the 21st century? Will this smartphone be capable of changing our lives, our culture and how we think? Another clear example is Netflix: it has freed us from the traditional TV networks and their rigid schedules, so we can enjoy a movie or series at any time.

Disruption: the key lies in anticipation.#RRSSDisruption: the key lies in anticipation.

 SEE INFOGRAPHIC: Disruption: the key lies in anticipation [PDF]

Discover the keys of technological disruption

  1. Not being afraid of failing. Nelson Mandela once said that “the brave man is not he who does not feel afraid, but he who conquers that fear”. Failure is proof of having tried.
  2. Maximum agility. Quick adaptation to change is vital. Even more when change affects time, space and how we communicate.
  3. Positive ambitions. Thinking big will allow us to do our best, pushing our limits and trying to achieve what others have not even dreamed of.
  4. Useful replies. This new environment will make us face new problems in our everyday lives. The goal will be to find truly useful replies and solutions, only those that are vital.
  5. Saying yes to taking risks. To err is human, everyone knows that. But the best thing is that we can react and take decisions according to rigour and experience.
  6. Living with change. We are living a period of constant changes and, therefore, we must be alert.

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TOWARDS THE FOURTH INDUSTRIAL REVOLUTION

The World Economic Forum has shown its commitment to analyse and anticipate what the future will be like and is paying special attention to the Fourth Industrial Revolution: a new production model will change the world in a way we can only see vaguely right now. Klaus Schwab, Executive Chairman of the World Economic Forum, stated that "it will not only change what we do, but who we are".

For example, driverless cars will change the mobility model in cities and cars will become a service and not property. 3D printing will be moved from large-scale production in factories to homes and people will start to build their own products. In the next few decades, robots will be probably responsible for destroying millions of jobs, while the Internet of Things is already turning cities into smart cities.

Iberdrola Innovation Middle East. Defining the digital utility.