No sector today is protected from having new and rising technologies turn them upside down. To better prepare, McKinsey came up with a list of technology trends that will continue to upset business as CEOs have known it, and that companies should be prepared to outsmart or overcome. Disruptive technology is, without a doubt, one of those areas. Nowadays, it doesn’t matter what business or industry you are in, no sector is protected from having new and rising technologies turn them upside down. Some have done in a year—some in a day. To better prepare, McKinsey came up with a list of technology trends that will continue to upset business as CEOs have known it. Here are the “Disruptive Dozen” technologies fingered by two of the consulting firm’s directors in their new book, No Ordinary Disruption: The Four Global Forces Breaking All the Trends , which recently were catalogued in Fortune . Energy storage. Tesla isn’t building a “gigafactory” to make batteries in Nevada for no reason. The price of lithium-ion battery packs will fall by a third in the next 10 years, the authors say, with major repercussions for transportation, power generation and energy production industries. “New substances that can be manipulated on a molecular level will produce materials that are self-cleaning, self-healing and remember their original shape.” Genomics. As supercomputers continue to refine the process of genetic analysis, the authors foresee a world in which “genomic-based diagnoses and treatments will extend patients’ lives by between six months and two years in 2025.” Advanced materials. The development of “nanomaterials” is transforming everything from bike design to doughnuts. New substances that can be manipulated on a molecular level will produce materials that are self-cleaning, self-healing and remember their original shape. Autonomous vehicles. The “driverless revolution” should be here within […]
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