technology maturity curve

Technology Maturity Using S-curve Descriptors, Resolving Contradictions with 40 Inventive Principles, The Determination of the Technological Maturity of Ultrasonic Welding, Oxford Creativity achieves global sales on lockdown learning, helping to problem solve pandemic. If you like the TRIZ Journal, please help us by donating towards domain space, admin and technical support. While “technology” comprises hardware, software, data and the Internet of things (IoT), it’s the people who are using this technology who can make or break a company’s pace and success on the technology maturity curve. This page was last edited on 7 September 2020, at 04:39. There are instances when, even though the technology declines to becoming a technique, it may still contain important knowledge or experience which the licensee firm cannot learn of without help from the originator. They also give their IT teams proper representation on their senior leadership teams. The stages of the S-curve are pregnancy, birth, childhood, adolescence, maturity, and decline. The utility, viability, and thus the cost of straight-licenses depends on the estimated 'balance life' of the technology.

This, then, traces the lengthening path, LL'. The technology underlying the product (for example, that of a uniquely flavoured tea) may be quite marginal but the process of creating and managing its life as a branded product will be very different. These workers see technology not as a threat, but as a helpful and consultative tool that automates mundane processes while also enhancing human performance. Without a strong technological backbone, no organization is going to go far in today’s business world.

As the construction industry continues on its path toward digital transformation, those who adopt equipment management and field labor management programs now can take advantage of a timely opportunity to get ahead of the curve. The technology life cycle is concerned with the time and cost of developing the technology, the timeline of recovering cost, and modes of making the technology yield a profit proportionate to the costs and risks involved. The ones that scrimp on technology and/or allocated less-than-adequate budgets usually churn out less-than-adequate results. Depending on the resource allocation and also the change element, the time taken in the innovation stage as well as in the subsequent stages varies widely.

The technologies represented by these high level inventions are the precursor discoveries of a new s-curve that is an overlapping curve (with reference to the existing mature curve), see Figure 10.0: Figure 10.0: The new s-curve’s stage of inception is technologically more mature than the previous curves technological peak. Substitution stage: This last stage represents the decline in the use and eventual extension of a technology, due to replacement by another technology.

You can also apply an IT maturity model, or a maturity assessment, to identify gaps between the current and future state. The interpolation of these individual curves gives the analyst an indication of the technologies location on the S-curve. The ascent is the strongest phase of the TLC because it is here that the technology is superior to alternatives and can command premium profit or gain. A careful study will yield valuable information based on data and the statistical analysis of this data in light of the Theory of Directed Evolution. Commercialisation of research outcomes depends on technical as well non-technical, mostly economic factors. It would, of course, be evident to competing licensor firms, and to the originator, from the growth, saturation or decline of the profitability of their operations. For E&C, the technology maturity curve helps define clear, industry-oriented positioning with technology as an enabling capability or differentiator that companies can use to guide their tech road map and future strategic direction.

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