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Technology Roadmap

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Technology Roadmap
Technology road mapping is a form of technology planning that can support the ability to deal with the progressive competitive atmosphere in any business environment. The roadmap is important for various explanations. Across the world companies are faced with competitive concerns and this capability lays out the future for the business technology plans.
Purpose
The main purpose of a technology roadmap is to establish the technology direction for the organization. These objectives simply recognize the need for IT to forge a relationship between IT and the business while, at the same time, serving the unique internal needs of IT. Technology roadmaps have many benefits and usefulness to businesses. Some of the uses are:
• The ability to “develop a consensus about a set of needs and the technologies required to satisfy those needs” (Maedche, 2003). This helps to support the companies’ visions, strategies and future objectives in targeted areas.
• Roadmaps can frame and constrain technology solutions as well as coordinate technology developments across the enterprise and to define target architectures to implementers.
Future Technology Growth
3D printing offers design flexibility and express implementation; however there are still areas in development needs that require additional improvement in materials performance and printer throughput. There is potential to reshape the manufacturing ecosystem with this technology. According to Jacque (2013), "3D printing, touted as an enabling platform for applications ranging from personalized medicine to personal drones, will grow to an $8.4 billion market in 2025 – up from $777 million in 2012.” Manufacturing Needs Traditional manufacturing today in the automotive industry, for example, each time there is a change in models the production lines must be changed to accommodate the changes. Model

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