Disadvantages of Digital Technology for Innovation
- Created by: tanja soulsby
- Created on: 05-06-17 20:51
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- Disadvantages of Digital Technology for Innovation
- Often very expensive to develop new products based on new digital technology
- If they don't make it to the market, the business has wasted a lot of money
- New technology hasn't always been fully tested
- If a business chooses to use it in their product they run the risk of their product having lots of bugs and not working properly
- Problems with digital technology can be hard to diagnose
- Customers can get frustrated with a company if they can't get their products to work properly
- Businesses run the risk of new technology not catching on
- E.g. Sony's first MiniDisk Player in 1992 was too expensive and never really sold well
- Often very expensive to develop new products based on new digital technology
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