2 Learning from Existing Products and Practice Flashcards
Descrive what is meant by a Disruptive technology
A Disruptive technology is a new emerging technology that unexpectedly displaces an established one. Recent examples of disruptive technologies include smart phones, 3D printing, artificual intelligence, VR, nano-technology and e-commerce retailing.
Define enterprise (DT specs definition)
The quality of activity of having a progressive approach that demonstrates initiative, resourcefulness and willingness to undertake new and challenging projects, despite the risks involved.
Describe incrimental innovation
A series of small improvements to an existing product that aims to improve its competitive position over time. Incremental innovation is regularly used within high-tech businesses to ensure products include new features that are desired by consumers.
Define innovation
The process of using design thinking to create new products or improve existing ones. It involves applying technology to meet user needs and improve their experience.
Other - Innovation in the context of this qualification refers to learners considering new methods or ideas to improve and refine their design solutions and meet the needs of their intended market and/or primary user.
