Notes

Are usually Relevance of Technologies?
"Technology in typically the long-run is irrelevant". That is certainly what some sort of customer of mine told me after i made a demonstration to him about a new product. I had been referring to the product's characteristics and benefits in addition to listed "state-of-the-art technology" or something to this effect, as one of them. That will is when this individual made his assertion. I realized later on that he seemed to be correct, at minimum inside the context regarding how I employed "Technology" within my business presentation. But I started thinking about whether he could be right in other contexts as well.

What exactly is Technology?

Merriam-Webster identifies it as:

1

a: the functional application expertise specially in a specific area: engineering two

w: a capability offered by the practical application of information two : a manner of achieving a task especially using technical processes, procedures, or knowledge a few : the specialized elements of a particular field of endeavor Wikipedia describes it as: Technology (from Greek? Î???, techne, "art, expertise, cunning of hand"; and -??? ί?, -logia[1]) is the producing, modification, usage, plus knowledge of tools, devices, techniques, crafts, techniques, and methods regarding organization, so as to resolve a problem, improve a preexisting way to a problem, obtain a goal, deal with an applied input/output relation or execute a specific function. It can likewise refer to the gathering of such tools, including machinery, modifications, arrangements and treatments. Technologies significantly influence human as effectively as other creature species' ability to control and adjust to their natural environments. The definition of can easily either be used generally or in order to specific areas: good examples include construction technology, medical technology, and also the precise product information technology. Both descriptions revolve around the same thing -- application and utilization. Technology is the enabler Many folks mistakenly still find it technologies which drives innovation. Yet in the definitions above, which is plainly not the case. It truly is opportunity which in turn defines innovation plus technology which permits innovation. Think associated with the classic "Build a better mousetrap" example taught inside most business schools. You might include the technology to be able to build an improved mousetrap, but if an individual do not mice or the old mousetrap works well, you cannot find any opportunity and next the technology to be able to build the one becomes irrelevant. Upon the other side, if you are usually full of mice after that the opportunity exists to innovate a new product using your current technology. Another illustration, one with which often I am thoroughly familiar, are consumer electronics startup companies. As a former associated with equally those that succeeded in addition to those that hit a brick wall. Each possessed unique leading edge solutions. The difference has been opportunity. Those that failed could hardly get the opportunity to be able to build a meaningful creativity utilizing their technology. Inside fact to survive, these companies had to morph oftentimes straight into something totally distinct and if they were lucky they may take full advantage of derivatives involving their original technology. More often compared to not, the first technological innovation wound up in the scrap heap. Technology, thus, is a great enabler whose best value proposition is definitely to help with each of our lives. In buy to be related, it needs to be able to be used to make innovations that will be driven by opportunity. Technology as some sort of competitive advantage? Many companies list the technology as one of their reasonably competitive advantages. Is niagra valid? In some situations yes, but In most cases no . Technology develops together two paths -- an evolutionary route and a groundbreaking path. A groundbreaking technology is 1 which usually enables new sectors or enables alternatives to problems that will were previously not necessarily possible. Semiconductor technologies is an excellent example. Not only did it offspring new industries plus products, but this spawned other innovative technologies - transistor technology, integrated routine technology, microprocessor technological innovation. All which offer lots of the products in addition to services we take in today. But is usually semiconductor technology a new competitive advantage? Looking at the number associated with semiconductor companies that will exist today (with new ones creating every day), I would say not. How about microprocessor technology? Once again, no. Lots associated with microprocessor companies out and about there. What about quad core microprocessor technologies? Not as many organisations, but you have Intel, AMD, PROVIDE, plus a host associated with companies building custom quad core processors (Apple, Samsung, Qualcomm, etc). So once more, very little of some sort of competitive advantage. Opposition from competing technologies and easy entry to IP mitigates the perceived competitive advantage of any particular technologies. Android vs iOS is a great example of just how this works. The two operating systems are generally derivatives of UNIX. Apple used their own technology to introduce iOS and gained an early market benefits. Nevertheless , Google, utilizing their variant involving Unix (a competing technology), swept up comparatively quickly. The reasons with regard to this lie certainly not in the actual technology, but within how the items made possible by simply those technologies had been delivered to market (free vs . walled garden, and so forth ) in addition to the differences in typically the strategic visions associated with each company. Major technology is one which incrementally develops upon the base revolutionary technology. Although by it is quite mother nature, the incremental alter is easier to get a competitor to complement or leapfrog. Carry for example mobile cellphone technology. Organization V introduced 4G products prior to be able to Company A and even while it might possess had a brief term advantage, seeing that soon as Company A introduced their own 4G products, the benefit due to technological innovation disappeared. The consumer went back to selecting Company A or even Company V based on price, service, insurance, whatever, but certainly not depending on technology. Therefore technology might have been relevant in the short term, but in typically the long term, became irrelevant. In today's world, technologies tend to quickly turn out to be commoditized, and inside any particular technologies lies the seed products from the own dying. Technology's Relevance This article was published from the prospective of an ending customer. From the developer/designer standpoint things obtain murkier. The more one is taken from the technology, typically the less relevant it becomes. To a designer, the technology can look just like an item. An enabling item, but a product or service nonetheless, and thus its highly relevant. Additional info uses an exclusive signal processing technological innovation to enable products that meet a fixed of market specifications and thus the particular technology and precisely what it enables is relevant to all of them. Their customers are more worried with how it sounds, what's the cost, what's the high quality, and so forth, and not so much with how it is usually achieved, thus the technology used will be much less relevant to them.
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