Disruptive Innovations
Innovations are always great! And then, there are innovations where in people come up with products which are so awesome that they shake up the whole industry. The companies which once had a "strong" foothold will need to rethink their strategy, redesign their project so that they comply with the new Innovation, because the crowd is slowly moving away!
Now, when we think about "Innovation" we think of something that needs to be invented or trying to come up with something that no one has even thought of before! Not necessarily; think about iPhone. Touch Screens were already there before Apple got into Phone business. Nokia tried and threw it away, unfortunately! Facebook, which came after Myspace and pounded it to the depths of the underworld. Last heard, Myspace is being relaunched.
Now, One such product which has a potential to be a "Disruptive Innovator" is Simple. Simple.com is a product which can potentially replace "offline" banks.
Why am i writing about this product? Well, Simple.com provides an online Banking solution, completely online, An Amazing "analytics" about your finances, Deposit your checks by scanning them from your smartphones, Attach photos to your transactions - basically making your banking experience cool!
Lets wait and see if this innovation unfolds right in front of our eyes or if they just "fold" up.
Read more - Simple
P.S: If you are in the US, give it a try!
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