Disruptive Nature of IT Samantha Brown Tyler Eifert Connor Miller Jane Park.

Post on 24-Dec-2015

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Transcript of Disruptive Nature of IT Samantha Brown Tyler Eifert Connor Miller Jane Park.

Disruptive Nature of IT

Samantha BrownTyler Eifert

Connor MillerJane Park

What Is Disruptive Nature of IT?• New innovation that helps create a new

market

• Interrupts current market • Enables new business model

Disruptive Nature of IT

Disruption for Newspapers

• New ways of getting information • Free news • Craigslist• Online subscriptions• Less print

Agenda

• Disruption in the Music Industry

• Disruption in Television Industry

• Recommendations

Disruption in the Music Industry

• Digital Music

• Illegal Downloads

• Streaming Music

New Business Models

• Digital copies of songs• Advertisements in streaming music– Upgraded versions without ads

• Artists making digital records• Music software to determine if songs will be

hits today

Digital Music Business

Advantages

• Cheaper• Convenience• Wider consumer base• Access certain part quickly• New markets

Disadvantages

• Non-physical• Corrupted data• Quality• Computer crashes• Loopholes

Television Disrupted by…

• Set channels for everyone/households

• Set time slots (prime time vs. daytime/late night)

• Requires seating in front of a television

• Money for Producers, Advertisers

• Online streaming creates opportunities– YouTube, Vimeo

• User-generated content– Lonleygirl15– VGHS

– Megavideo– Hulu, Netflix

• Encourage binge viewing

…Television?

• Apple TV bringing online streaming into physical home

• Companies use internet sites/social networks to identify global pockets of interest

• Niche producers decide local screening locations by zip code votes

• Possibility of eliminating middle man

Recommendations

• Adapt or die

• Technology is an ever-changing industry

• Stay relevant