New Technology Threats to a Business

At many times, business will be faced with a challenge of dealing with new technology and managers of the threatened firms would realize how this threat may not materialize, for the short course. However, the under looked potentials threat may go on to become devastating impact to the company. In this paper this paper we are going to explore the threats posed by new technology to a business. In this paper it is revealed that as many of the tech firms would be optimistic of the new technology, it is also likely that the companies lack organizational capacity, strategic vision, culture and concrete view of the effect disruptive technologies can impose on its operation. Disruptive technology can be associated with the following impacts: The organizations relationship with its customer’s changes New technologies are aimed at harnessing improved services to the customers.

Internet of Things, spearheaded by ubiquitous connectivity and Artificial intelligence leads to a step-change production and customer experience. AI and robotics software are being used in automatic management of customer transactions, prevent error in services and project customer’s want. Hence investment strategies are played on a wide spectrum, giving a challenge to tech leaders in arriving at a priority strategy that would help in delivering competitive advantage. The broad spectrum forces the organization to go for technologies that would otherwise not help them compared to if they chose the other options. Or another problem could arise by where you go for all of the technologies and fail manage them. kpmg. com%2fcontent%2fdam%2fkpmg%2fxx%2fpdf%2f2016%2f11%2fdisruptive-technologies-barometer-tech-report. pdf&p=DevEx,5091.