{"id":3350,"date":"2012-11-21T07:00:37","date_gmt":"2012-11-21T15:00:37","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=3350"},"modified":"2012-11-21T07:00:37","modified_gmt":"2012-11-21T15:00:37","slug":"disruption-all-industry-segments-are-vulnerable-its-a-question-of-when","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/disruption-all-industry-segments-are-vulnerable-its-a-question-of-when\/","title":{"rendered":"Disruption: All Industry Segments are Vulnerable &#8212; It&#039;s a Question of When"},"content":{"rendered":"<p>Chances are the industry you&#8217;re working in is a candidate for disruption. \u00a0\u00a0<a title=\"Deloitte study on digital disruption\" href=\"http:\/\/www.deloitte.com\/view\/en_AU\/au\/insights\/browse-by-industry\/industry\/20d044ef04da9310VgnVCM1000001a56f00aRCRD.htm\" target=\"_blank\">A recent study by Deloitte<\/a> found that nearly all industries are eventually subject to disruptions of some kind, with some more susceptible than others. \u00a0When looking at the &#8216;length of the fuse&#8217; before a disruption hits, Deloitte estimates that nearly one third of businesses are likely to experience a major disruption within the next three years, and that over the course of the next five years, disruption will have touched nearly two thirds of companies. \u00a0Those industries which are must vulnerable to disruption include finance, retail trade, professional services, and information, media and telecommunications. \u00a0Industries with a &#8216;longer fuse&#8217; include manufacturing and mining.<\/p>\n<p>Forrester points to software and all things digital as being the main contributor to the speedup of disruptions that we&#8217;re experiencing. \u00a0<a title=\"James McQuivey bio\" href=\"www.linkedin.com\/pub\/james-mcquivey-ph-d\/6\/263\/b13\" target=\"_blank\">James McQuivey<\/a>, Vice President and Principal Analyst at Forrester, identified three big forces that are driving digital disruption:<\/p>\n<ul>\n<li>Free tools and services<\/li>\n<li>Easy availability of digital platforms<\/li>\n<li>Digitally-savvy consumers<\/li>\n<\/ul>\n<p><a title=\"Kyle McNabb bio\" href=\"www.linkedin.com\/pub\/kyle-mcnabb\/0\/52\/1ba\" target=\"_blank\">Kyle McNabb<\/a>, VP and practice leader of application development and delivery at Forrester Research,<a title=\"ComputerWorld interview with Kyle McNabb\" href=\"http:\/\/www.networkworld.com\/news\/2012\/100412-forrester-digital-disruption-forcing-it-263045.html?hpg1=bn\" target=\"_blank\"> told ComputerWorld<\/a> that &#8220;what is new about digital disruption is that it is something that is fueled by digital capabilities, digital technologies, that make disruption faster, more disruptive and can come from anywhere. \u00a0Disruption is faster because all of us within society are empowered with digital capabilities, with smartphones, with social. Ideas can come from anywhere and they are coming in an order of magnitude that far exceeds what we have seen in the past.&#8221;<\/p>\n<p>Businesses are trying to fight back, and in some cases, trying to seize the role of disruptor, but it&#8217;s hard. \u00a0<a title=\"Adoption of new technologies is hard\" href=\"http:\/\/www.cio.com\/article\/717305\/3_Ways_to_Invest_in_Emerging_Technology_in_the_Age_of_Digital_Disruption\" target=\"_blank\"> CIO.com reports<\/a> that many businesses are adopting new digital and software capabilities in the hope that the impact from using the new technology will be both big and positive on their business and especially their bottom line. \u00a0But while some of these new initiatives pay off, there are also many cases when the new technology disappoints. \u00a0When these projects fail, the investments of time and resources spent on them may need to be simply written off, at considerable expense. \u00a0In 2011, for example, only 9 percent of 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Google Reader)\" \/><\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Chances are the industry you&#8217;re working in is a candidate for disruption. \u00a0\u00a0A recent study by Deloitte found that nearly all industries are eventually subject to disruptions of some kind, with some more susceptible than others. \u00a0When looking at the<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/disruption-all-industry-segments-are-vulnerable-its-a-question-of-when\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[],"class_list":["post-3350","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/3350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=3350"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/3350\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=3350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=3350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=3350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}