Visual Capitalist December 20, 2019
Since Apple released the first iPhone in 2007, few industries have been left unaffected.
This transformational device is a prototypical example of a technological breakthrough. It was a tipping point in turning entire business models upside-down, while also impacting our everyday lives at a more fundamental level.
New growth opportunities emerged from the ensuing disruption, while many status quo solutions were rendered obsolete.
Technological Game-Changers
Today’s infographic from BlackRock highlights the pervasive and positive impact that technological breakthroughs can have on the global economy.
Fueling the Flames of Innovation
According to recent data from Accenture, it’s estimated that 71% of businesses are on the brink of being disrupted.
In fact, disruptive innovation most often emerges in two scenarios:
- New...
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