Notes

Are usually Relevance of Technologies?
"Technology in the long-run is irrelevant". That is certainly what a customer of quarry told me after i made a display to him of a new product. I had been speaking about the product's functions and benefits in addition to listed "state-of-the-art technology" or something to that effect, as one particular of them. That will is when this individual made his statement. I realized later on that he has been correct, at minimum inside the context involving how I applied "Technology" in my presentation. But I started thinking about no matter if he could become right in other situations as well.

What exactly is Technology?

Merriam-Webster defines it as:

one

a: the functional application expertise specifically in a certain area: engineering 2

w: a capability offered by the useful application of understanding

two

: a way of completing a job especially using technical processes, procedures, or knowledge

three or more

: the specialized factors of a certain discipline of endeavor

Wikipedia defines it as:

Technologies (from Greek? έ??? it managed services , techne, "art, talent, cunning of hand"; and -??? ί?, -logia[1]) is the generating, modification, usage, and even knowledge of tools, devices, techniques, crafts, techniques, and methods of organization, to be able to resolve a problem, enhance a preexisting way to a problem, obtain a goal, manage an applied input/output relation or execute a specific performance. It can likewise refer to the gathering of such tools, including machinery, changes, arrangements and methods. Technologies significantly affect human as properly as other dog species' ability to control and adjust to their organic environments. The term can easily either be used generally or in order to specific areas: cases include construction technology, medical technology, and also the precise product information technology.

Both explanations revolve around typically the same thing : application and usage.

Technology is the enabler

Many folks mistakenly still find it technological innovation which drives creativity. Yet in the descriptions above, that is evidently not the circumstance. It really is opportunity which often defines innovation plus technology which permits innovation. Think associated with the classic "Build a better mousetrap" example taught on most business universities. You might have got the technology to be able to build an improved mousetrap, but if an individual do not mice or perhaps the old mousetrap works well, you cannot find any opportunity and after that the technology to be able to build the 1 becomes irrelevant. On the other hand, if you will be overrun with mice next the opportunity exists to innovate a new product using the technology.

Another example, one with which in turn I am intimately familiar, are electronics startup companies. I've been associated with equally those who succeeded and those that hit a brick wall. Each possessed unique leading edge technology. The difference has been opportunity. Those that failed could not discover the opportunity in order to produce a meaningful advancement using their technology. Found in fact to survive, these kinds of companies had in order to morph oftentimes directly into something totally different and if these were lucky they may take advantage of derivatives involving their original technological innovation. More often compared to not, the first technologies wound up in the scrap heap. Technology, thus, is a great enabler whose final value proposition is usually to make improvements to the lives. In order to be appropriate, it needs in order to be used to generate innovations that are driven by opportunity
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