What Is A Technology Roadmap

What Is A Technology Roadmap

Businesses are constantly changing and their technology requirements need to change with them. By improving and right-sizing their information technology tools they can ensure they are using capital as efficiently as possible and setting themselves up to meet future challenges. Taking advantage of technological advances is the best way to ensure that a business is not disrupted by new competitors and ensure it is sustainable.

A technology roadmap is a document, diagram, or model that identifies the key areas in a business that rely on technology to perform their functions and specify how, when and which new products will be adopted in the future to meet changing requirements These roadmaps are created so that business executives can strategize and plan on how best to use evolving technologies to meet their business needs. They are often used as part of both short and long-term digital transformation plans to more effectively use new technologies.