Disruption - something more than innovation
What is disruption? The term has become omnipresent in recent years with many technologies, industries, companies, applications claiming to be disruptive. It sort of started to be a keyword. The fast and splendid career of this word took off in 1997 with Clayton Christensen’s book “The Innovator’s Dilemma”, where he introduced the term “disruptive innovation”.
The crux of disruptive innovation was that successful companies should not only focus on satisfying clients’ existing needs, but anticipate their future, yet unstated desires, they might not be even aware of. With this theory, Clayton wanted to explain how small, upstart companies can enter the market, pose a threat to big, solid brands and displace the whole, firmly established (as it seemed) system.
So how exactly does the differ from run-of-the-mill innovation then? Well, innovative ideas create things. Disruptive ideas are creative, too, but also at the same time destructive. They destroy the existing market, uproot it and change the way humans think and behave. For more on the subject, and how the idea evolved in the 20 years of its existence, read on in Harvard Business Review.
What makes Node.js a disruptive technology?
Let’s have a look at the Node.js advantages that can place this technology among other disruptive ones.
It is also highly scalable, as it is capable of handling a huge number of simultaneous connections with high throughput. Additionally, scalability of code can be achieved via decomposing or splitting, and Node.js makes it easy to implement all of these strategies in a large application. Scalability is at the core of this technology. Even the name emphasizes this - it originates from the idea that a Node’s service oriented architecture should comprise multiple small distributed nodes which communicate with each other.
Node.js in the finance, healthcare, and travel industries
So how does Node.js, with all of its advantages and disruption potential, fit into some of the biggest industries out there, such as healthcare, travel or finance? Let’s consider Node.js as a technological means of disruption.
Additionally, healthcare startups seem to significantly rely on Node.js in order to enable rapid innovation of their apps. Some examples of these such healthcare startups are: Optum, a platform that provides data and analytics, healthcare delivery, and population health management services; OpenCare, an online service that matches patients to the best healthcare service provider nearby that fits their requirements; or Sibly, an application for mental health struggles.
The travel industry is also striving for innovation, transforming itself to meet modern needs. Many market-leading companies choose Node.js to revamp their web apps, and startups also tend to trust this technology. Travel companies like Node.js because it offers good performance and it has the ability to process a lot of requests. It is highly usable in apps that offers flight or holidays search engines, as they have to integrate with a lot of other different pages and handle tons of requests at the same time. Building a Node.js application for the travel market, Pillow Residential now organizes short term apartments rentals thanks to this tech. A famous example of a travel-connected app that was based on Node.js is Uber, who provide taxi driving services, matching drivers that are normal people, without taxi licenses, with clients.
The financial industry is an interesting case, as in recent years incumbent, old-fashioned, huge financial institutions have been disrupted by fintech start-ups. Node.js is quite useful in apps that use real time data calculations and stats - which is often the case in fintech. Some existing fintech companies moved their web apps to Node.js, but mostly fintech startups rely on this technology with 25% of developers declaring that they use Node.js as of 2015. Payments companies are even more into using Node.js, with even mega-brand and market leader PayPal overhauling its system with the help of Node.js. Another example is Capital One, a large banking services provider, that uses Node.js in its project Hygieia, an open-sourced dashboard for DevOps. Node.js usage in the finance industry is only just getting started.
Disrupt your industry with Node.js!
Node.js empowers many organizations and companies in the healthcare, travel and financial industries - among others - to create robust, fast web apps with the potential of introducing innovative solutions or even disrupting the market. Consider using Node.js in your business venture - create a web app that will feed on all of pros of this technology. iRonin has been working with Node.js since the beginning of its journey. Give us a call, we will co-operate with your developers or make a turn-key project for you with Node.js. Innovation with Node.js is in your future.