What Is the Relevance of Technology?

“Technology, in the long run, is irrelevant.” That is what a consumer of mine advised me once I made a presentation to him about a new product. I have been talking approximately about the product’s capabilities and blessings and indexed “today’s generation” or something to that impact, as one in all them. That is while he made his declaration. I realized later that he was accurate, at the least within the context of how I used “Technology” in my presentation. But I began considering whether he could be right in other contexts as properly.

 Relevance of Technology

Technology (from Greek τέχνη, techne, “artwork, ability, foxy of hand”; and -λογία, -logia[1]) is the making, change, usage, and understanding of equipment, machines, strategies, crafts, structures, and strategies of the organization, to be able to resolve a hassle, enhance a pre-existing option to a hassle, achieve a goal, handle a carried out enter/output relation or carry out a specific characteristic. It also can seek advice from the collection of such gear, inclusive of machinery, modifications, preparations, and approaches. Technologies considerably affect humans and different animal species’ capability to manipulate and adapt to their herbal environments. The term can either be implemented generally or to particular regions: examples include creation technology, clinical generation, and statistics era.

Many people mistakenly agree with its miles generation, which drives innovation. Yet from the definitions above, that is definitely now not the case. It is an opportunity that defines innovation and technology which enables innovation. Think of the traditional “Build a better mousetrap” example taught in most enterprise colleges. You would possibly have the technology to build a better mousetrap. Still, when you have no mice, or the old mousetrap works well, there is no possibility after which the era to build a better one turns into inappropriate. On the alternative hand, if you are overrun with mice, then the possibility exists to innovate a product using your technology.

Another example, one with which I am in detail acquainted, is client electronics startup companies. I’ve been related to both those who succeeded and those that failed. Each possessed specific leading facet technology. The distinction became a possibility. Those that failed couldn’t discover the possibility to develop a meaningful innovation the usage of their generation. In reality, to live to tell the tale, those companies had to morph generally into something absolutely one of a kind. If they had been fortunate, they could take advantage of derivatives in their authentic technology. More often than now not, the original technology wound up inside the scrap heap. Technology, as a result, is an enabler whose remaining cost proposition is to make enhancements to our lives. To be relevant, it wishes to create improvements that are pushed by way of possibility.

Technology as a competitive advantage?

Many organizations list an era as certainly one of their competitive advantages. Is this valid? In some instances, yes, however, In most instances, no. Technology develops alongside two paths – an evolutionary course and a progressive route.

 Relevance of Technology

Innovative technology enables new industries or permits solutions to troubles that were previously not possible. Semiconductor technology is a superb example. Not most effective did it spawn new industries and products, however it spawned other revolutionary technologies – transistor generation, incorporated circuit technology, microprocessor technology. All of which offer lots of the goods and services we devour these days. But is the semiconductor era an aggressive gain? Looking at the range of semiconductor groups that exist these days (with new ones forming each day), I’d say no longer. How approximately is microprocessor technology? Again, no. Lots of microprocessor companies out there. How approximately quad-core microprocessor era? Not as many companies, but you have got Intel, AMD, ARM, and many businesses constructing custom quad-core processors (Apple, Samsung, Qualcomm, etc.). So once more, not a whole lot of a competitive benefit. Competition from competing for technology and smooth access to IP mitigates the perceived competitive gain of any particular generation. Android vs. iOS is a superb example of how this works. Both running structures are derivatives of UNIX. Apple used their era to introduce iOS and gained an early market gain. However, utilizing its version of Unix (a competing generation) caught up quite speedy. The reasons for this lie no longer within the underlying generation; however, how the goods made viable by the one’s technology had been added to the marketplace (free vs. Walled garden, and so forth) and the differences in the strategic visions of each enterprise.

Evolutionary technology is one that incrementally builds upon the bottom progressive generation. But via it is very natural, the incremental trade is easier for a competitor to suit or leapfrog. Take as instance wireless mobile phone era. Company V introduced 4G products previous to Company A. At the same time as it can have had a quick-term benefit, as soon as Company A delivered their 4G merchandise, the advantage because of technology disappeared. The consumer returned to selecting Company A or Company V based on price, carrier, coverage, whatever, but now not based totally on the era. This generation might have been applicable in the brief time period; however, it became beside the point in a long time.

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This article becomes written from the possibility of an end purchaser. From a developer/dressmaker standpoint, things get murkier. , in addition, one is eliminated from the era, the much less relevant it turns into. To a developer, the technology can seem like a product. A permitting product, but a product, however, and thus it’s miles tremendously relevant. Bose uses a proprietary signal processing technology to allow products that meet a set of market necessities, and therefore, the generation and what it permits apply to them. Their clients are more involved with the way it sounds, the rate, what’s the fine, etc., and now not a lot with how it is achieved, as a consequence the generation used is a great deal much less applicable to them.

Recently, I was worried in a dialogue on Google+ approximately the new Motorola X smartphone. Many humans on those posts slammed the phone for diverse motives – charge, locked bootloader, and many others. There have also been masses of knocks at the reality that it didn’t have a quad-middle processor just like the S4 or HTC One, which have been priced similarly. What they did not draw close is that whether or not the manufacturer used 1, 2, 4, or eight cores, in the end, makes no difference as long as the phone can supply an aggressive (or maybe pleasant of sophistication) feature set, functionality, rate, and user enjoy. The iPhone is one of the maxima hit telephones ever produced, and yet it runs on a twin-middle processor. It nonetheless grants one of the excellent consumer reviews in the marketplace. The capabilities enabled by way of the generation apply to the purchaser, now not the generation itself.

 Relevance of Technology

Consequently, the relevance of era is as an enabler, no longer as a product characteristic or an aggressive gain, or any myriad of different matters – an enabler. Looking at the Android working gadget, it’s an impressive piece of software era, and yet Google offers it away. Why? Because standalone, it does not do anything for Google. Giving it away permits other organizations to apply their understanding to build products and services, acting as enablers for Google’s products and services. To Google, that is where the actual value is.

Terry K. Mata

Hipster-friendly coffee buff. Beer aficionado. General internet ninja. Hardcore communicator. Web nerd. Problem solver. Spent childhood merchandising muffins with no outside help. Have a strong interest in importing puppets with no outside help. Spent high school summers investing in jump ropes in Las Vegas, NV. Spent 2001-2005 buying and selling sheep in Salisbury, MD. Spent 2001-2004 creating marketing channels for bullwhips in Pensacola, FL. What gets me going now is testing the market for circus clowns for the government.

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