Examples of Technological Innovation with Potential Impact on Business
According to McKinsley Global Innovation Survey, 84 percent of the executives have already understood that innovation is one of the most important growth strategies. These statistics highlight how important innovations like product innovation, creative innovation is in a company. Technological innovation could be defined as innovation in which technological characteristics of a new or improved product differentiate from that of the other product significantly. Thus, developing a product innovation and technology strategy for your business is quite an important task. Even though technological innovation could be observed in various products around us, here are a few technological innovation examples that have significantly made an impact on the business: Artificial Intelligence This is one of the technological innovation examples that has made a potential impact on the business. Artificial intelligence could be defined as the invention of machines with programming like that of a h...