Technology Road Map
Technology Road Map
• Technology road mapping is an important method that has become integral to
creating and delivering strategy and innovation in many organizations
• The technology roadmap process addresses the identification, selection,
acquisition, development, exploitation, and protection of technologies (product,
process, and infra structural) needed to achieve, maintain and grow a market
position and business performance matching with the company’s objectives
• The big question is how a company shifts from where they are now to where they
want to be through the digital transformation program. There are many
roadmaps, which a company can follow on their journey toward digital
transformation
• Daim and Oliver (2008) define roadmap as a way to identify and decide upon
trajectories to follow to reach future success, likewise as a traditional map guides
travelers to their destination
Benefits of Technology Road Map
Proposed Technology Roadmap for Industry 4.0