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"Technology in the long-run is irrelevant". That is exactly what a university customer in mine said when I produced a business presentation to him about a cool product. I had been preaching about the product's features and benefits and listed "state-of-the-art technology" or something fot it effect, as one of them. That is when he made his statement. When i realized afterwards that he was correct, at least within the context of how I actually used "Technology" in my appearance. But I just began planning on whether maybe he is right in other contexts too.

What is Technology?

Merriam-Webster identifies it as:

1. a: the program of knowledge specially in a particular spot: engineering 2

n: a potential given by the practical application of knowledge

a couple of : a manner of accomplishing a task especially working with technical functions, methods, or perhaps knowledge

several : the professional aspects of a particular field in endeavor

Wikipedia becomes it mainly because:

Technology (from Greek τέχνη, techne, "art, skill, scheming of hand"; and -λογία, -logia[1]) is definitely the making, changes, usage, and knowledge of equipment, machines, techniques, crafts, devices, and types of organization, to be able to solve an obstacle, improve a fabulous preexisting answer to a problem, acquire a goal, control an utilized input/output relationship or perform a specific party. It can also involve the collection from such tools, including devices, modifications, measures and techniques. Technologies substantially affect human as well as other canine species' capability to control and adapt to their very own natural settings. The term can either be applied generally or to certain areas: examples include construction technology, medical technology, and it.

Both meanings revolve around the same - program and utilization.

Technology can be an enabler

Plenty of people mistakenly believe it is technology which in turn drives innovation. Yet through the definitions over, that is certainly not the case. It is actually opportunity of which defines advancement and technology which allows innovation. Visualize the classic "Build a better mousetrap" example trained in most online business schools. You may have the technology to build a better mousetrap, but since you have no mice the actual old mousetrap works well, there is not any opportunity after which the technology to build an improved one turn into irrelevant. On the other hand, if you are full of mice then this opportunity is available to enhance a product utilizing your technology.

One more example, an individual with which When i is thoroughly familiar, happen to be consumer electronics startup company companies. Trying to find associated with the two those that became popular and those the fact that failed. Every single possessed exclusive leading edge technological innovation. The difference was opportunity. Those that failed were not able to find a chance to develop a important innovation employing their technology. Actually to survive, these companies had to morph oftentimes in something completely different and if these folks were lucky they could take advantage of derivatives of their initial technology. Generally, the original technology wound up inside the scrap ton. Technology, therefore, is an enabler whose greatest value proposal is to help with our lives. In order to be relevant, it takes to be utilized to create enhancements that are powered by prospect.

Technology as being a competitive advantage?

Many companies list a technology as one of their competitive strengths. Is this strong? In some cases for sure, but In most cases no .

Technology develops along two ways - an evolutionary journey and a new path.

A revolutionary technology is one which permits new industries or helps solutions to problems that were recently not possible. Semiconductor technology is an effective example. Not merely did it spawn new market sectors and items, but it spawned other progressive technologies - transistor technology, integrated enterprise technology, processor technology. All which offer many of the services and products we consume today. Although is semiconductor technology your competitive advantages? Looking at how many semiconductor corporations that exist today (with latest ones developing every day), I'd state not. Consider microprocessor technology? Again, no . Lots of microprocessor companies out there. How about quad core microprocessor technology? Quite a bit less many companies, however, you have Intel, AMD, LEFT ARM, and a host of companies building custom quad core cpus (Apple, Samsung korea, Qualcomm, etc). So again, not much of any competitive edge. Competition by competing technological innovation and easy usage of IP minimizes the recognized competitive advantage of any particular technology. Android os vs iOS is a good example of how the following works. Equally operating systems are derivatives of UNIX. Apple used the technology to introduce iOS and attained an early current market advantage. However , Google, utilizing their variant from Unix (a competing technology), caught up comparatively quickly. The grounds for this are lying not in the underlying technology, but in how the products authorized by these technologies had been brought to marketplace (free or walled back garden, etc . ) and the variations in the tactical visions of each and every company.

Evolutionary technology is one which incrementally builds after the base revolutionary technology. Although by it is rather nature, the incremental adjustment is easier for the competitor to complement or leapfrog. Take for example wifi cellphone technology. Company V introduced 4-G products just before Company Your and while this could have had a term benefit, as soon as Business A unveiled their 4-G products, outstanding due to technology disappeared. The buyer went back to choosing Company A good or Organization V based upon price, support, coverage, what ever, but not depending on technology. Hence technology might have been relevant in the short term, but in the long term, became immaterial.


In today's world, technologies tend to get commoditized, and within virtually any particular technology lies the seeds in its own loss of life.

Technology's Appropriateness

This article is written from prospective of end customer. Right from a developer/designer standpoint items get murkier. The even more one is taken from the technology, the much less relevant it might be. To a coder, the technology can look similar to a product. An enabling item, but something non-etheless, and therefore it is highly relevant. Bose uses a secret signal digesting technology to enable products the fact that meet a set of market requirements and thus the technology and what it enables is relevant to them. Consumers are more involved with how it sounds, what's the cost, what's the quality, etc ., and not so much with how it really is achieved, thus the technology used is significantly less based on them.

Recently,
https://thecitrusreport.com/ was associated with a discussion in Google+ to the new Motorola X cellphone. A lot of the persons on the ones posts criticized the phone meant for various motives - selling price, locked trunk loader, and so forth There were likewise plenty of knocks on the fact which it didn't enjoy a quad-core processor like the S4 or THE NEW HTC One which were priced in the same way. What they failed to grasp is that whether the maker used you, 2, 5, or almost eight cores in the long run makes virtually no difference given that the phone can certainly deliver a ambitious (or also best of class) feature establish, functionality, cost, and user experience. The iPhone is amongst the most good phones at any time produced, yet it goes on a dual-core processor. It however delivers one of the best user happenings on the market. The characteristics that are permitted by the technology are exactly what are relevant to the client, not the technology by itself.

The value of technology therefore , is just as an enabler, not as a product or service feature or maybe a competitive advantage, or any numerous other things - an enabler. Looking at the Android os, it is an remarkable piece of software technology, and yet Google and yahoo gives it away. Why? Mainly because standalone, and also nothing pertaining to Google. Giving it away enables other companies to work with their expertise to build products which then make enablers pertaining to Google's products and services. To Google and yahoo, that's where real value is.

Carefully of or access to an important technology is barely important for what enables you to do - make innovations of which solve problems. That is the serious relevance of technology.
kalemitten51

Saved by kalemitten51

on Apr 09, 22