Platform Technology
Definition:
Platform Technology refers to a core, foundational technology that can be applied across
multiple products, processes, or applications. Instead of being designed for a single use, it serves
as a base or framework upon which different innovations, solutions, or products can be
developed.
Key Points: Acts as an enabling technology. Provides a common foundation for diverse
applications. Enhances efficiency, scalability, and innovation. Leads to multiple commercial or
scientific uses.
Examples: Biotechnology: mRNA technology (used in different vaccines and therapeutics).
Information Technology: Cloud computing platforms (AWS, Azure, Google Cloud). Electronics:
Smartphone operating systems (Android, iOS). Pharmaceuticals: Nanoparticle drug delivery
systems.
In simple words: Platform technology is like a toolbox or base system that can be reused to build
many different things.