iNM Volume 9 | Page 43

DISRUPTIVE INNOVATION PAGE 37 iNM VOLUME 9 business model with structural cost advantages relative to existing solutions and hence it is difficult for an existing conventional business to respond to this competition paved way for innovation in the form of Wireline or Fixed Access Telephony Then came the cable Commercial Wireless in the form of Cell Phone proved to be creative destructor The wireless data The concept of innovation is not new Innovations have been coming up ever since industrial revolution Consider the example of the telecommunications industry We have come a long way from the early telegraph Telegraph communication popularly known as mobile data changed the face of telecommunication After Skype arrived in August 2003 we knew we couldn t go back to earlier ways of communication Skype represented internet based communication ( ) . . . . . . . , . , “ ”, . , ’ .