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Techopedia describes disruptive technology this way; “Disruptive technology refers to any enhanced or completely new technology that replaces and disrupts an existing technology, rendering it obsolete. It is designed to succeed similar technology that is already in use. Disruptive technology applies to hardware, software, networks and combined technologies”.

Here are a short list of some things that could be considered that are either obsolete or taking traditional industries by storm:

  1. Fax machines-scanning a document and then emailing a document is a cheaper and quicker alternative to faxing.
  2. Landlines (they are slowly being replaced by VOIP and smart phones)
  3. VHS tapes and DVDs.
  4. Video rental stores-they have been replaced by Software-As-A-Service (SAAS) or as commonly referred to “cloud computing” service.
  5. Music CDs- iTunes and Spotify are two cloud-based music streaming services that have replaced them.
  6. Traditional taxi cabs- They are being forced to change with the times and up their game with services like Uber.
  7. Hotels/Lodging Industry-The arrival of Airbnb has given notice to the hotel operators around the world.

In a post titled “12 Disruptive Technologies That Have the Potential to Change Your Business” by Eric Sherman for Inc.com we selected five out of the list, all of which has already disrupted the way in which business operates. In no particular order, they include:

“Internet of Things–With sensors on devices, clothing, machinery, and virtually anything else you can think of, all using wireless and near-field communications to communicate with networks and the rest of the Internet, there will be major impacts on business process optimization, manufacturing, natural resource use, utilities, energy delivery, and remote healthcare.

Cloud–Cloud technology can provide centralized computing resources to serve many users, whether internally in a company or through a third-party service. More efficient use of resources will put pressure on the computer and IT industries, as more work is done by fewer machines and people. At the same time, cloud can offer software and computing services that let businesses run more efficiently and enable many technology entrepreneurs to get the resources they need far more economically than by building their own systems.

Advanced robotics–Exoskeletons, artificial and enhanced sight and hearing, remote physical manipulation, and artificial intelligence will make changes in manufacturing, healthcare and surgery, such basic service activities as food preparation and cleaning, and consumer use.

3D printing–Whether high-profile use in producing individual guns or research that could allow devices to literally make meals, 3D printing is rapidly gaining prominence. Printers could change the way companies make almost anything through distributed manufacturing, enable consumers to make products themselves, or create tissues and organs for transplanting.

Advanced materials–Materials science has been an important area that many people have ignored. But modern plastics, specialized automotive steel, and semiconductors are just three areas where it has been important. The influence will only expand as such technologies as graphene, carbon nanotubes, nanoparticles, and memory and self-healing materials affect energy storage, computer displays, enhanced chemicals and catalysts, consumer electronics, medicine, and many types of manufacturing.

These changes and others will continue into the future. Companies who choose to stick to all things traditional are likely the ones who will be blindsided as these changes occur.

Keep current with ATS:

Today’s Businesses Must Adapt To Disruptive Technology

Software And The Internet Of Things, Is At Its Best, When It Embodies Simplicity

April 19th, 2016 | Posted by Apex Time Solutions in iPad | Payroll | Software-as-a-Service (saas) Workforce Management Software | Time and Attendance Canada | Workforce Management Software - (Comments Off on Software And The Internet Of Things, Is At Its Best, When It Embodies Simplicity)

Software should be simple to use, are words you hear from some software providers and the purveyors of cutting-edge technology, including those who form part of The Internet of Things (IoT) industry. Some companies have the words, “simple or easy-to-use” splashed across the website, but once it is adopted, it is anything but simple. After all, why would any company deploy workforce management software that’s difficult to navigate? Of course, colourful dashboards that excite users is one thing, but having to navigate through several screens to complete a task, can be mind boggling, not mention frustrating.

A recent article authored Hayley Tsukayama for The Washington Post and titled ‘Why Apple and Google are struggling to design simple software’ laments the struggles that behemoths that Google and Apple are undergoing. “Companies like Apple and Google are expanding the scope of what they offer — they aren’t hawking one kind of hardware or one type of software, but rather a combination of both, often with several cloud services thrown in for good measure. Apple is no longer a focused iPod-and-Mac company. So the current version of iTunes has to offer so much more than just a way to get digital music. Google (or Alphabet) is no longer just a search bar on a Web page, it’s a whole ecosystem of information, software programs and an expanding universe of devices. The simple designs of the past products from these companies were never meant to accommodate the range of offerings that are now demanded by consumers.”

Software and The Internet of Things, is at its best, when it embodies Simplicity

The question remains, with the appetite of consumers and businesses evolving can software providers adjust, and at same time, ensure the applications are easy to use? For example, if you are using the latest toothbrush that embodies the Internet of things (IoT) do you have to glance at your phone while you are brushing to ensure you are keeping on track? These and many other questions remain unanswered.

The article continues; “What started as a simple program for buying, storing and downloading music has morphed into a much larger program for TV shows, movies, podcasts, apps, streaming music and device management. At times, it can feel like a building that’s being repeatedly expanded and renovated in a new architectural style every time.”

In conclusion, the Internet of Things (IoT) is here to stay and the same is true for cloud-based workforce management solutions, payroll, ERP and other related business management software. And, while they may be tweaked to adjust toe business and consumer demands, they shown no signs of abating.

Interested in learning more about ATS Cloud-Based Time and Attendance? You can register for this week’s free webinar by going to our website. You can also download a demonstration and see how easy it is to track and management employees hours.

The argument about whether cloud-based solutions will stand the test of time is slowly diminishing in some circles. If you are a subscriber to; Facebook, Google, and NetFlix you are part of the many millions who are using a cloud-based solution on a daily basis.

A recent study by Gartner for worldwide use of the Internet of Things (IOT) states, in part; “The Internet of Things (IoT), which excludes PCs, tablets and smartphones, will grow to 26 billion units installed in 2020 representing an almost 30-fold increase from 0.9 billion in 2009, according to Gartner, Inc. Gartner said that IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services, in 2020. It will result in $1.9 trillion in global economic value-add through sales into diverse end markets. 

The Internet of Things is the network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment.”

If your company is still embracing old aged technology to extrapolate attendance data, chances are, you could be left behind. Cloud-based time and attendance is here to stay.

The study further Gartner contends; “Emerging areas will witness rapid growth of connected things. This will lead to improved safety, security and loss prevention in the insurance industry. IoT will also facilitate new business models, such as usage-based insurance calculated based on real-time driving data. The banking and securities industry will continue to innovate around mobile and micropayment technology using convenient point-of-sale (POS) terminals and will invest in improved physical security systems. IoT will also support a large range of health and fitness devices and services, combined with medical advances, leading to significant benefit to the healthcare sector. Emerging connected sensor technology will lead to value creation in utilities, transportation and agriculture. Most industries will also benefit from the generic technologies, in that their facilities will operate more efficiently through the use of smart building technology.”

To learn more about the Internet of Things (IoT) and ATS Attendance On-Demand Time and Attendance go to our website to arrange a personalized demo.

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