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Typical concepts used in technology management are: Technology strategy - the logic or role of technology in an organization. Technology forecasting - the identification of possible relevant technologies for the organization, such as technology scouting. Technology roadmap - mapping technologies to business and market needs.
Business–IT alignment (B/I alignment) is a process in which an organization integrates and utilizes information technology (IT) to achieve business objectives.It is the ability of IT to produce business value which means the process of establishing an environment where both IT and business professionals are capable of working together in order to achieve common goals in any specific area of ...
Technology plays a critical role in science, engineering, and everyday life. Technological advancements have led to significant changes in society. The earliest known technology is the stone tool , used during prehistory , followed by the control of fire —which in turn contributed to the growth of the human brain and the development of ...
The discussion of technological assets and technology-based competences establishes the link to Technology Management and Technology Strategy. Teece et al. also discuss organizational structure, market/industry structure, organizational boundaries, notions of co-specialization in assets, cross-firm integration and the trade-offs between ...
However, this increase requires business and technology management to work as a creative, synergistic, and collaborative team instead of a purely mechanistic span of control. [3] Historically, one set of resources was dedicated to one particular computing technology, business application or line of business, and managed in a silo-like fashion. [4]
Technology Intelligence (TI) is an activity that enables companies to identify the technological opportunities and threats that could affect the future growth and survival of their business. It aims to capture and disseminate the technological information needed for strategic planning and decision making.
Information and communications technology (ICT) is an extensional term for information technology (IT) that stresses the role of unified communications [1] and the integration of telecommunications (telephone lines and wireless signals) and computers, as well as necessary enterprise software, middleware, storage and audiovisual, that enable users to access, store, transmit, understand and ...
Information technology (IT) is a set of related fields that encompass computer systems, software, programming languages, data and information processing, and storage. [1] IT forms part of information and communications technology (ICT). [ 2 ]