We live in a world that is constantly changing and evolving. Technologies keep becoming more advanced, businesses keep becoming more complex, knowledge keeps advancing and markets keep changing. This requires us to continuously learn and upgrade ourselves to keep up with the latest trends. 

Many times, businesses will find that their line of work has been completely replaced by a newer, more advanced technology or business. Going bankrupt, not understanding what can be done and new ideas completely failing, are common in today's world.

Here are 7 examples of businesses (with details) that lost everything to disruption:

• https://www.thomasnet.com/insights/7-companies-that-failed-to-adapt-to-disruption-and-paid-the-ultimate-price/

What can you do to prevent your business from getting disrupted?

• Monitor market trends and adapt to an ever-changing market

• Monitor emerging technologies and keep upgrading your company technologically

• Keep upgrading your products/services to keep up with competitors

Partnering with an Innovation Lab can protect you from the harsh impact of disruptions. We can continuously monitor emerging technologies, understand ever-evolving markets and upgrade your capabilities in detail, so that you can be ready for anything that comes your way. Our complete suite of innovation capabilities can support you in not just upgrading products/services, but also support you in all areas of your work and life.

We provide advanced disruption protection capabilities including automated monitoring, summarization capabilities and super-fast prototyping. Involving an innovation lab in your business will not only save you a lot of time and money, but also give you stability and peace of mind.

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