Individual Case Study on echnology a Heartbeat Away: Ecton‚ Inc. How does the Ecton machine differ from the existing technology in the market? What characteristics/applications does it have that are similar to that of conventional machine? What characteristics/applications are different? a) Difference: Ecton machine is compact‚ portable and easy to use. Lower cost ($38‚000‚ less than half the price of the low end full scale machines then on the market). Lower technical quality in most
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Disruptive technologies are not always disruptive to customers‚ and often take a long time before they are significantly disruptive to established companies. They are often difficult to recognize. Indeed‚ as Christensen points out and studies have shown‚ it is often entirely rational for incumbent companies to ignore disruptive innovations‚ since they compare so badly with existing technologies or products‚ and the deceptively small market available for a disruptive innovation is often very small
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As described by Clayton Christensen‚ a "disruptive technology is a new technological innovation‚ product or service that eventually overturns the existing dominant technology or product in the market". A disruptive product can also be described as a product that substitutes another product because of its superior features and performance. The iPad is a product that is considered by many experts to be a disruptive technology because it was the first tablet to offer such elaborate complexity and product
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IS THE iPAD DISRUPTIVE TECHNOLOGY? 1)Evaluate the impact of the iPad using Porter’s Competitive forces model? Traditional Competitor -When the firm are competing with each other through continuously produce new devise‚product or service to attract their customers.For example Samsung which always produce new product against Apple. New market entrance -When some industries have very low barriers to entry‚ new companies have several possible advantage.For example e-book‚ that allowed
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JIMMA UNIVERSITY BUSINESS AND ECONOMICS COLLEGE MBA PROGRAM MANAGEMENT INFORMATION SYSTEMS (MBA 641) ASSIGNMENT ON IPAD AS DISRUPTIVE TECHNOLOGY SUBMITTED TO: YOSEPH TILAHUN SUBMITTED BY: AKLILU GUULAY GHIDAY April 7‚ 2014 CASE STUDY QUESTIONS Evaluate the impact the ipad using Porter’s competitive forces model? In Porter’s competitive forces model‚ the strategic position of the firm and its strategies are determined not only by competition with its traditional direct competitors but also
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1. Does Ecton‚ Inc. have a truly disruptive technology? Absolutely‚ anytime someone can introduce a product at half price that works they are causing a disruption. First they have determined that there are plenty of people who are not buying due to the cost and ease of use. Secondly there are lots of times when getting a quick understanding of a patient that a "good enough" would be better than nothing. Lastly I believe it could hit all the markets it set forth to obtain‚ making it deadly Consider
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CENTER FOR INFORMATION SYSTEMS RESEARCH Sloan School of Management Massachusetts Institute of Technology Cambridge Massachusetts Creating a Strategic IT Architecture Competency: Learning in Stages Jeanne W. Ross April 2003 CISR WP No. 335 MIT Sloan School of Management Working Paper No. 4314-03 © 2003 Massachusetts Institute of Technology. All rights reserved. R Research Article: a completed research article drawing on one or more CISR research projects that presents
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Ecton is a small company engaged in developing technologically innovative products for the growing ultrasound market. From the case we can make out the increasing potential and scope in the ultrasound market and Ecton definitely has been able to develop a promising and innovative product for the market. Let us look at the possibilities if the company is acquired by a large corporation. 1. Though the company was formed with the ultimate aim to be acquired but being acquired by a large corporation
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1. How does the Ecton machine differ from the existing technology in the market? What characteristics/application does it have that are similar to that of conventional machine? What characteristics/applications are different? The existing ultrasound technology in cardiology was constantly focusing on improving image quality and providing better quantitative information to response to clinical demands‚ dreaming that one day it could substitute the expensive imaging techniques such as MRI. Some
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SMART PHONES AS A DISRAPTIVE TECHNOLOGY FOR BUSINESS PROBLEM This report was created in order to discuss‚ analyze and indicate the significant impact of smart phones over the business environment. It offers answers to the questions: 1) How smart phones have changed the world of business? What are the consequences? What is the indirect and direct impact over the business? 2) What advantages offer smart phones to the business? How they affect it? What could be expected in the future? 3) What are
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