Disruptive Innovation Examples that Are Transforming Today's Market
The tech market is growing fast, and it's affecting every incumbent industry in the world. New tech inventions have allowed organizations to develop better products and take them to a new level. But, with the digital transition, the work environment has changed. Emerging technologies have caused massive job disruption, and workers are struggling to adapt.
Learning new tech skills have become indispensable to meet employers' needs. If you're afraid of losing your job, these disruptive innovation examples will help you identify what you need to stay relevant. As you'll know how they are transforming today's market, meeting employers' demands won't take your sleep.
Self-driving Vehicles
In the automotive industry, more companies are willing to change the driving experience. Self-driving cars have taken the road, and companies like Tesla are making more customers feel delighted. Self-driving cars allow drivers to sit and relax. Using smart sensors and cameras, they can even identify when it's the right time to brake.
Tesla's cars can also learn how to park. By using machine learning algorithms, they can analyze driving techniques and park without human intervention. On the other hand, UPS has improved their shipping strategies by using level 4 autonomous trucks. These trucks need a driver and an engineer on board to monitor operations because of law requirements. However, the company has taken cargo delivery to the next level.
Virtual Employee Training
By using virtual reality, companies have improved their employee training strategies. Virtual reality allows workers to stay in a safe digital environment to learn new techniques and provide better results. It's been a great way for companies to reduce costs as they don't need to stop production lines during training programs.
Virtual reality training allows maintenance workers to learn from experience without the help of an expert service engineer. And by analyzing maintenance procedures, workers can perform more effective and efficient interventions.
In the healthcare industry, virtual reality training is used to improve nurses' education. UbiSim is a nursing training platform that allows students to develop their decision-making, clinical reasoning, and interpersonal skills.
"Try-Before-Buy" Shopping
The "Try-Before-Buy" online shopping is helping companies to take significant strides. By using augmented reality, many companies have allowed customers to have products' previews before making their purchases. IKEA, for example, allows customers to have 3D previews of merchandise. By pointing their smartphones' cameras, customers can see how products fit in a room.
Sephora, on the other hand, has gone further. The cosmetics company has created a virtual artist that allows customers to try on makeup. Sephora's virtual artist has allowed the company to save money on product returns and increase customers' satisfaction.
If you want to know how to create augmented reality solutions, you should learn software engineering skills. Flatiron School is a vocational school that offers several courses in software engineering. The company has designed its programs to meet aspirants' needs. Given that, on-campus and online classes are available.
To become a software engineer, you'll need more than only learning how to code. Software engineers are responsible not only for developing and maintaining complex applications but also for improving systems quality. So, learning core computer science concepts is essential to understand how computers work.
At Flatiron School, students can focus on learning. The company provides aspirants with excellent financing options like ISAs, deferred tuition, and loan financing to reduce financial stress.
Solar Microgrids
In the renewable energy sector, blockchain is helping companies to transform the market. Years ago, solar panels could only be used to reduce the electricity bill. But, because of solar devices improvement, microgrids are now a real thing.
Microgrids allow individuals to trade the energy produced by solar panels. For example, if the energy produced is higher than power consumption, they can sell it to neighbors and peers. Microgrids allow homeowners to create self-sustaining communities to reduce the carbon footprint. Also, they improve the way energy is distributed and reduce peak loads.
Health Monitoring Watches
Nowadays, IoT devices are everywhere, and they are helping doctors to make more accurate diagnoses. Wearable devices like smartwatches can monitor patients' health and create reports. By analyzing those reports, doctors can detect health problems and save more human lives.
Years ago, smartwatches could only measure your heart rate. But today, they can monitor your blood pressure, blood oxygen levels, and even your sleep time. Samsung's Galaxy Watch Active 2 is the health monitoring assistant everybody wants. It can measure your stress levels and suggest breathing exercises to help you relax. Also, its heart rate tracker sends you alerts when your levels are out of whack. And its ECG monitoring app can detect atrial fibrillation.
3D-printed Homes
3D printers have reshaped how companies in the construction sector work. Building homes by using 3D printers is becoming mainstream, and it's helping companies reduce costs. 3D-printed homes are less expensive than dwellings constructed by traditional methods. Given that, renting isn't longer the first option, and customers are thinking about owning.
Because of 3D printers, many construction workers have lost their jobs. Employers' demands are higher, and because of their lack of skills, they are being left behind. Also, fewer workers are required to build 3D printed homes.
Drone-inventory
Today, world-class companies like Walmart are using drones for inventory management purposes. Drones are great for inventory count and warehouse procedures. They can place goods in high stacks without compromising workers' lives. And, by scanning products, inventory counts are less-time consuming.
Smart Cleaning Robots
Smart vacuum cleaners are now part of smart homes. AI-powered vacuum cleaners can be controlled using smartphones, and homeowners' lives are becoming much more comfortable. AI-powered cleaning robots can analyze patterns and create routes to keep your house clean. By using sensors, they can detect dirtier areas and clean them more often. iRobot's e5 Robot Vacuum also has a cliff sensor that prevents it from falling.
Employers are on a hunt for candidates capable of building IoT software. In that case, you should learn Java skills. Java is an object-oriented programming tool that allows you to build cross-platform solutions. And by enabling developers to create secure and stable apps, it's become the right match for IoT.
Conclusion
In general, emerging technologies will continue to disrupt incumbent industries, and there's no way back. The only solution to keep your job and stay relevant is to adapt. By learning in-demand programming tools, you'll be ready not only to meet today's employers' requirements but to overcome future challenges. Keep in mind that companies are looking for candidates who are willing to innovate the market.