IMPACT OF DISRUPTIVE TECHNOLOGIES ON BUSINESS ORGANISATIONS (SMALL AND LARGE) IN NIGERIA

Authors

  • Nneji, Onyinyechi Victoria

Keywords:

Disruptive Technology, Artificial Intelligence, Advanced Robotics, Cloud Computing, 3D Printing Technologies, Internet of Things

Abstract

The term disruptive technologies refer to destroying or disturbing attributes and commonly used in

an envisioned where companies lost their market dominance and ceased to exist. Furthermore,

disruptive technologies are those that result in a significant change in the cost of, or access to,

products or services that dramatically changes how we gather information, make products, or

interact. They are largely enabled by the dramatic increases in computing capacity and Internet

bandwidth that has made their diffusion exponentially faster. The broad and accelerating availability

of disruptive technologies to citizens, consumers, and businesses has been a defining feature in

recent years, with new services and markets emerging and spreading rapidly across populations

and industries. These technology breakthroughs combined with increased connectivity are impacting

the way individuals, businesses, and governments generate data and interact to create markets,

unlock economic transactions, mobilize activity, and deliver services. Disruptive technologies have

enormous potential to enhance the underlying economics of specific business processes, to drive

higher productivity, make workflows more efficient, speed up the supply chain and transform the

back office. Disruptive technology such as: internet of things, computer clouding, artificial

intelligence, advanced robotics and 3D printing has altered the way of doing things already in field

like education, hospitalities, transportation, banking, healthcare amongst others that makes

frequent advancements. This study evaluates how disruptive technologies affect organisations in

Nigeria.

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Published

2024-05-10

How to Cite

Nneji, Onyinyechi Victoria. (2024). IMPACT OF DISRUPTIVE TECHNOLOGIES ON BUSINESS ORGANISATIONS (SMALL AND LARGE) IN NIGERIA. BW Academic Journal. Retrieved from https://bwjournal.org/index.php/bsjournal/article/view/1890