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Hyperloop One: A Disruptive Technology in Transportation

   

Added on  2023-06-12

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Running Head: INFORMATION TECHNOLOGY
Information Technology: Disruptive Technology
Name of the Student
Name of the University
Hyperloop One: A Disruptive Technology in Transportation_1

1INFORMATION TECHNOLOGY
Table of Contents
1.0 Introduction................................................................................................................................2
2.0 General Information...................................................................................................................2
3.0 Technical and Historical Information........................................................................................3
3.1 Historical Information...........................................................................................................3
3.2 Technical Information...........................................................................................................4
4.0 Impact of Technology................................................................................................................5
5.0 Conclusion.................................................................................................................................6
References........................................................................................................................................7
Hyperloop One: A Disruptive Technology in Transportation_2

2INFORMATION TECHNOLOGY
1.0 Introduction
A technology is generally termed as disruptive when it completely replaces another
similar technology by consuming off its entire market. Generally, this type of technology comes
with a wide range of benefits that is also deemed as a massive upgrade to the existing similar
technology (Boccardi et al. 2014). Disruptive technologies come in all forms and types, ranging
from a simple Wikipedia page to Hyperloop technology. However, a new technology cannot be
termed as disruptive if there is not massive upgrade as well as cost effective than the existing
technology.
In this report, one such disruptive technology has been considered and discussed. The
chosen disruptive technology is Hyperloop One that will set to take over the transportation
system of the world within the next decade.
2.0 General Information
Hyperloop One is a proposed new technology masterminded by Elon Musk, CEO of
Tesla Inc. and SpaceX. This technology has been chosen to solve the problem of transportation
costs as well as travel times for long distance travels. Currently, the fastest mode of transport in
the entire world is air transport. However, air transport has several issues that include very high
costs and very high risks (Ann, Griffith and Luca 2018). On the other hand, the fastest land
transports are railways. Although railways have developed significantly with time and bullet
trains have been introduced as a very fast mode of travel, very few countries have been able to
implement the bullet trains / maglev technology due to extremely high costs of implementation,
operational costs and low cost benefit. According to Musk, the implementation of Hyperloop
Hyperloop One: A Disruptive Technology in Transportation_3

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