ARK Invest defines ''disruptive innovation'' as the introduction of a technologically enabled new product or service that potentially changes the way the world works. ARK focuses solely on offering investment solutions to capture disruptive innovation in the public equity markets. ARK began publishing Big Ideas in 2017. This annual research report seeks to highlight the latest developments in innovation and offers some of our most provocative research conclusions for the year. ARK notes that risks associated with investment in disruptive innovation include: rapid pace of change, exposure across sectors and markets, uncertainty and unknowns, regulatory hurdles, political and legal pressures and competitive landscape.
Data science, artificial intelligence and analytics are disrupting the technological landscape as we know it. The pandemic has only accelerated this growth, which is just the start. One of the obvious paths ahead is the convergence of these various technologies to create more advanced solutions and applications. The Ark Big Ideas 2022 report has suggested some possible convergences and their specific applications. For instance, a mixture of robotics, battery technologies, and artificial intelligence can be leveraged to decrease the cost of transportation activities.
When businesses latch onto a buzzword, it quickly becomes the solution to everything. Not long ago, in the era of "big data," companies scrambled to add chief data scientists to their ranks. Before that, vendors of all manner touted their innovative social, local, mobile solutions (or SoLoMo, in industry parlance). Lately, corporations have been talking nonstop--on conference panels, in TED Talks, in pitchdecks--about artificial intelligence. But in this moment, few business trends can compete with the magic of blockchain technology.
Bain predicts that by 2020 annual revenues could exceed $470B for the IoT vendors selling the hardware, software and comprehensive solutions. McKinsey estimates the total IoT market size in 2015 was up to $900M, growing to $3.7B in 2020 attaining a 32.6% CAGR. General Electric predicts investment in the Industrial Internet of Things (IIoT) is expected to top $60 trillion during the next 15 years. IHS forecasts that the IoT market will grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025 Bain predicts that by 2020 annual revenues could exceed $470B for the IoT vendors selling the hardware, software and comprehensive solutions. McKinsey estimates the total IoT market size in 2015 was up to $900M, growing to $3.7B in 2020 attaining a 32.6% CAGR.
Remember when Ebay started in 1995, and all anyone could talk about was how the Internet was going to change our lives? Well, almost everyone happened to be proved correct. Today, online marketplaces are dominating product and service distribution channels across the globe - from U.S. e-commerce behemoth Amazon or Alibaba in China.