There are numerous methods and models for technology roadmapping.
Technology roadmaps are created to help business leaders plan and strategize which, when, and why certain technologies will be onboarded while avoiding expensive mistakes and even plan for technologies becoming obsolete.Īn effective technology roadmap should also outline a strategy to reach short- and long-term digital transformation goals, if applicable. What is a technology roadmap?Ī technology roadmap is a display, document, or diagram that illustrates the technology adoption plan at a given organization. This article will focus on technology roadmaps-what they are and how they may be useful in planning a sustainable future for your business or organization. By improving work processes, delivering more accurate and useful data, and generally improving capability, technological advancement is the most viable candidate to disrupt your business-as-usual. Perhaps no area of business will need to be updated and projected more accurately than its use and application of available technologies. Planning for these changes can be a challenge-but with the right data, research, and most importantly, a clear roadmap, a company can not only survive downturns but thrive through them. The companies that fare best through these changes are the ones who forecast their industry’s evolution and make thorough plans accordingly. From personnel to workflow management to capital investment to emerging technologies and beyond, successful, sustainable businesses must adapt as their industry changes and the needs of their customers and clients change. As a business matures, its requirements to continue delivering a competitive product or service will grow and evolve as well.