7 Disruptive Innovations that Turned Markets Upside Down

Skype

Skype was created by Niklas Zennstrom and Janus Friis in 2003 and was later owned by Microsoft. It is basically an administered voice over Internet Protocol service and software application that allows the users to communicate with their friends by voice, video and instant messaging over internet. Calls to other users in Skype are free of charge, while landline and mobile phone calls are charged to the debit based user account system. It also includes features such as file transferring and video conferencing. By 2011 it was able to attract 663 million registered users. Instead of being banned at corporate, government, home and education networks it has still being able to seek attention of many users as it is consistently growing. Therefore Skype is changing people’s thinking about telecommunication and are pushing them towards internet sourced technology.