Disruptive Innovations using Tech-Business Analytics

Abstract

Purpose: The purpose of disruptive innovations using Tech-Business Analytics (TBA) is to leverage data-driven insights and advanced analytics to revolutionize industries, drive business growth, improve efficiency, and enhance competitiveness. TBA aims to challenge existing norms, create new opportunities, and enable organizations to make smarter, more agile decisions in a rapidly evolving business landscape.

Design/Methodology/Approach: The methodology for disruptive innovations using Tech-Business Analytics (TBA) involves strategically applying advanced analytics and technology to identify, develop, and implement innovative solutions that can disrupt traditional business models, create new markets, and drive growth. It includes steps like identifying industry pain points, data collection and analysis, business model innovation, prototyping, scaling, and ongoing monitoring and adaptation to foster innovation and competitive advantage.

Findings/Result: Findings on disruptive innovations using Tech-Business Analytics (TBA) reveal that organizations can harness data-driven insights and advanced analytics to transform industries, improve decision-making, and enhance competitiveness. TBA innovations offer opportunities for cost reduction, revenue generation, customer-centric solutions, and risk mitigation. However, challenges such as data quality, talent shortages, and regulatory compliance must be addressed to fully realize the potential of TBA. Overall, the findings highlight the transformative power of TBA in today's data-driven business landscape.

Originality/Value: The originality in disruptive innovations using Tech-Business Analytics (TBA) lies in the development and application of novel approaches, techniques, and technologies to revolutionize industries and create new business opportunities. It involves thinking creatively to leverage data-driven insights and advanced analytics in ways that challenge existing norms, disrupt traditional business models, and pioneer innovative solutions. Originality in TBA is about pushing the boundaries of what's possible with data and technology to drive business growth and enhance competitiveness.