Using suitable technology is key to compete successfully at a global level. Considering ever-shorter product life cycles and increasingly fierce competition, only those businesses remain viable which develop, apply and – in time – replace technologies focusing on client needs.
Opportunities and risks of technology management
Systematic technology management will enable your business to identify technological opportunities and risks in time and to develop adapted strategies in response. To this end, individual aspects of technology management such as technology strategy, intelligence, assessment and development have to be anchored by means of suitable methods and grounded within the business through appropriate structures.
Aims, tasks and processes of technology management
Technology management implies not merely developing and applying new technologies, but rather systematically planning and monitoring their usage and usefulness. This aims at strategically securing and strengthening the business’s market position to be viable in the face of global competition. Making technologies required for future services available at the right time and cost is essential to this end.
This way, technology management serves as the most important interface between company management and technology: Matters of the strategic focus of the business are linked to questions pertaining to technologies used or developed within the business.