Notes

What Is the Benefits of Technology?
"Technology in the long-run is irrelevant". That is just what a customer of mine explained when I built a display to him about a cool product. I had been dealing with the product's features and benefits and listed "state-of-the-art technology" or something compared to that effect, among them. That is when he made his statement. We realized after that having been correct, at least within the setting of how My spouse and i used "Technology" in my business presentation. But I actually began thinking about whether he could be right in other contexts on top of that.

What is Technology?

Merriam-Webster defines it such as:

1. an important: the program of knowledge specially in a particular region: engineering a couple of

w: a functionality given by the practical application of knowledge two : a manner in accomplishing a task especially applying technical techniques, methods, or knowledge 3 or more : the specific aspects of a precise field in endeavor Wikipedia identifies it as: Technology (from Greek τÎχνη, techne, "art, skill, crafty of hand"; and -λογία, -logia[1]) is a making, changes, usage, and knowledge of equipment, machines, tactics, crafts, systems, and strategies to organization, to be able to solve a condition, improve some preexisting way a problem, acquire a goal, handle an applied input/output relationship or execute a specific function. It can also label the collection in such tools, including systems, modifications, agreements and strategies. Technologies significantly affect real as well as other pet animal species' capacity to control and adapt to their particular natural environments. The term can either be applied generally or to certain areas: examples include construction technology, medical technology, and it. Both definitions revolve around the same thing - utility and use. Technology can be an enabler Many people mistakenly believe it is technology of which drives creativity. Yet on the definitions earlier mentioned, that is evidently not the case. It can be opportunity which inturn defines creativity and technology which permits innovation. Bring to mind the classic "Build a better mousetrap" example trained in most organization schools. You have got the technology to build an even better mousetrap, when you have hardly any mice or perhaps the old mousetrap works well, there isn't any opportunity and the technology to build a greater one develop into irrelevant. Conversely, if you are overrun with mice then the opportunity is available to innovate a product employing your technology. thecitrusreport.com , one particular with which I just is intimately familiar, are consumer electronics beginning companies. Trying to find associated with both those that became popular and those the fact that failed. Each possessed exceptional leading edge technology. The difference was opportunity. The ones that failed cannot find the chance to develop a important innovation using their technology. In truth to survive, these companies had to change oftentimes in to something completely different and if these people were lucky they were able to take advantage of derivatives of their unique technology. Generally, the original technology wound up inside scrap pile. Technology, hence, is an enabler whose supreme value idea is to make improvements to our lives. For being relevant, it requires to be accustomed to create inventions that are powered by chance.

Technology like a competitive benefits?

Many companies list a technology as one of their particular competitive pros. Is this strong? In some cases you bet, but In most all cases no .

Technology develops around two ways - an evolutionary route and a new path.

A new technology is one which enables new sectors or enables solutions to conditions that were before not possible. Semiconductor technology is a good example. But not only did it spawn new business and merchandise, but it spawned the creation of other groundbreaking technologies -- transistor technology, integrated circuit technology, microprocessor technology. Almost all which provide you with many of the goods and services we take in today. But is semiconductor technology a good competitive benefit? Looking at the volume of semiconductor providers that exist at this time (with fresh ones forming every day), I'd state not. Why not microprocessor technology? Again, no . Lots of processor companies to choose from. How about quad core microprocessor technology? Quite a bit less many companies, but you have Intel, AMD, LEFT ARM, and a number of companies setting up custom quad core cpus (Apple, Samsung, Qualcomm, etc). So again, not much of the competitive advantage. Competition coming from competing technological innovation and easy entry to IP minimizes the recognized competitive good thing about any particular technology. Android mobile phone vs iOS is a good sort of how this works. Both operating systems happen to be derivatives in UNIX. Apple used all their technology to introduce iOS and increased an early market advantage. Yet , Google, utilizing their variant from Unix (a competing technology), caught up relatively quickly. The causes for this are located not in the underlying technology, but in how the products made possible by individuals technologies are brought to current market (free versus walled garden, etc . ) and the variations in the strategic visions of every company.

Major technology the which incrementally builds upon the base innovative technology. But by it is quite nature, the incremental modification is easier for any competitor to suit or leapfrog. Take for example wi-fi cellphone technology. Company 5 introduced 4-G products previous to Company Some and while this could have had a shorter term edge, as soon as Provider A launched their 4-G products, the benefit due to technology disappeared. The person went back to choosing Company A fabulous or Company V based on price, provider, coverage, anything, but not based upon technology. Hence technology has been relevant for a while, but in the long run, became unrelated.

In today's world, technological innovation tend to quickly become commoditized, and within any sort of particular technology lies the seeds of its own fatality.

Technology's Significance

This article was written from the prospective of your end customer. Coming from a developer/designer standpoint things get murkier. The even more one is taken out of the technology, the much less relevant it is. To a developer, the technology can look such as a product. A great enabling products, but a product non-etheless, and therefore it is really relevant. Bose uses a exclusive signal finalizing technology to enable products the fact that meet some market wants and thus the technology and what it enables is relevant to them. Clients are more involved with how it sounds, what's the price, what's the coffee quality, etc ., and never so much with how it truly is achieved, therefore the technology used is quite a bit less strongly related them.

Lately, I was interested in a discussion at Google+ to the new Motorola X phone. A lot of the persons on the posts reprehended the phone meant for various factors - value, locked footwear loader, etc . There were likewise plenty of knocks and bumps on the fact it didn't enjoy a quad-core processor like the S4 or THE NEW HTC One which were priced likewise. What they failed to grasp usually whether the company used 1, 2, five, or main cores in due course makes not any difference so long as the phone can certainly deliver a elite (or actually best of class) feature placed, functionality, selling price, and end user experience. The iPhone is among the most excellent phones possibly produced, but yet it operates on a dual-core processor. It always delivers among the finest user experiences on the market. The characteristics that are allowed by the technology are precisely what are relevant to the buyer, not the technology themselves.

The benefits of technology therefore , is as an enabler, not as something feature or a competitive benefits, or any many other things -- an enabler. Looking at the Android main system, it is an extraordinary piece of software technology, and yet Web gives it off of. Why? Mainly because standalone, it can do nothing for Google. Giving it away permits other companies to implement their skills to build products and services which then make enablers for Google's goods and services. To Look online, that's where real significance is.

Carefully of as well as access to a good technology is barely important for what it enables you to do - produce innovations of which solve concerns. That is the legitimate relevance from technology.

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