TECHNOLOGY LANDSCAPE ANALYSIS AND RESEARCH (1)

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• Technology Landscape
• In todays era companies are actively working
  towards sustainable business expansion by
  addressing the aspects of When, Where How can
  they boost their business globally. Dedicating to
  new disruptive technology can be a
  game-changing decision for any company. Due to
  the speed at which any trend or technology
  changes today, making the right decision related
  to technology choice is critical to success.
• Through technology landscape analysis,
  best-suited solutions to the field of interest
  can be provided.
• It can provide information related to emerging,
  latest, or future trends of innovation that are
• relevant to the companys long-term plans. The
  study can also give an overview of regulatory
  norms and compliances relevant to technology and
  ways of commercialization of the technology.
• Therefore, the technology landscape is an initial
  point of a long-term and interactive matching
  process between external and internal
  technologies requirements for strategic purposes.
• Technology Landscape can Impact
  Strategic-Decision Making
• Technology Landscaping helps in simplifying
  complex business issues and assesses a wide range
  of questions including technology readiness, fit
  with performance and maturity requirements, as
  well as regulatory, technology, and product
  comparative analysis.
• This information can be used to prioritize key
  focus areas and make recommendations on where to
  place technology and capital investments to meet
  business goals and demands.
• Technology Landscape can strengthen companies
  decision-making through
• Filtering out various technology domains into
  actionable priorities
• Estimating the relevance of emerging technology
  to existing products or sectors in the market
• Assisting in understanding the implication of
  newly accessed technology
• Connects seemingly to un-related technology
  domains
• Uncovers paths as the potential solutions or
  outcomes of the challenges not previously
  considered
• When should you perform Technology Landscaping?
• When one needs to
• Enhance performance or seek new ideas,
  methodologies, or technologies from other fields
  and sectors
• Access the potential technology investments and
  evaluate which path offers the greatest benefit
  in return

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• However, the scope of such a study employs most
  or all the following advantages of conducting
  this study to provide a competitive edge to
  different organizations mentioned below
• Determining Disruptive Technologies Allows
  companies to identify key performance indicators
  to determine the impact of any technology and its
  associated developments in near future.
• Forecast Trends Tracks and forecasts shift in
  technological and economic changes of
  significant relevance to the future of the
  industry.
• Competitive Benchmarking Explains the degree of
  technology dispersion between start-ups and key
  companies in an industry.
• Be Prepared Evaluate the economic impact of
  technology development and deployment before
  they arise.
• Open New Markets Assess the impact of innovative
  technology trends on adjacent potential market
  industries.
• Stay Ahead of Competitors Provides competitor
  research focused on tracking their RD
  investments in new technology/ methodology/
  product.
• Gives a Perspective Determine the scope of
  commercialization of emerging technologies
  trends.