“generation in the long-run is irrelevant“. that is what a client modern day mine advised me once I made a presentation to him approximately a new product. I were speakme approximately the product’s capabilities and advantages and indexed “49a2d564f1275e1c4e633abc331547db era” or something to that effect, as considered one of them. this is whenhe made his declaration. I realized later that he became accurate, as a minimum in the context of ways I used “generation” in my presentation. however I began considering whether or not he could be proper in other contexts as well. sendy on aws
what is generation?
Merriam-Webster defines it as:
a: the sensible utility modern-day knowledge specifically in a particular area: engineering 2
b: a capability given by way of the practical utility latest expertise
: a manner ultra-modern undertaking a venture in particular the use of technical procedures, strategies, or information
: the specialized elements modern day a specific subject modern day undertaking
Wikipedia defines it as:
era (from Greek τÎχνη, techne, “art, talent, foxy cutting-edge hand”; and -λογÎ¯α, -logia) is the making, amendment, utilization, and know-how modern-day equipment, machines, strategies, crafts, structures, and strategies today’scorporation, if you want to clear up a problem, enhance a preexisting technique to a trouble, acquire a purpose, take care of an implemented enter/output relation or perform a selected function. it may also refer to the gathering modern such tools, which includes equipment, adjustments, arrangements and approaches. technology significantly have an effect on human as well as other animal species’ capability to manipulate and adapt to their natural environments. The termcan either be applied normally or to particular areas: examples encompass production generation, clinical era, and records era.
each definitions revolve across the identical element – software and usage.
era is an enabler
Many people mistakenly consider it’s miles technology which drives innovation. yet from the definitions above, this istruly not the case. it’s miles possibility which defines innovation and generation which permits innovation. consider the conventional “build a higher mousetrap” example taught in maximum commercial enterprise colleges. you would possibly have the era to build a higher mousetrap, however if you have no mice or the vintage mousetrap works properly, there is no opportunity and then the technology to build a better one becomes irrelevant. alternatively, in case you are overrun with mice then the opportunity exists to innovate a product the usage of your generation.
any other instance, one with which i am in detail acquainted, are purchaser electronics startup agencies. i’ve been related to both those that succeeded and those that failed. every possessed unique main area technology. The difference wasopportunity. those who failed could not find the possibility to increase a meaningful innovation the usage of their era. In fact to live on, those organizations had to morph oftentimes into something completely unique and if they were luckythey could take benefit ultra-modern derivatives in their unique technology. more modern day than not, the authentictechnology wound up within the scrap heap. era, therefore, is an enabler whose remaining cost proposition is to make upgrades to our lives. as a way to be applicable, it needs for use to create improvements which can be driven throughopportunity.
era as a aggressive advantage?
Many organizations listing a generation as one among their competitive benefits. is that this valid? In a few cases yes, butIn most instances no.
technology develops along paths – an evolutionary direction and a innovative course.
A innovative era is one that allows new industries or allows answers to problems that had been previously now notpossible. Semiconductor technology is a superb example. not handiest did it spawn new industries and merchandise, however it spawned different innovative technologies – transistor era, integrated circuit era, microprocessor technology. All which give a lot of the products and services we eat these days. however is semiconductor technology a aggressiveadvantage? looking at the variety trendy semiconductor agencies that exist today (with new ones forming each day), i might say not. How about microprocessor technology? once more, no. masses trendy microprocessor businessesaccessible. How approximately quad center microprocessor generation? now not as many agencies, however you have got Intel, AMD, ARM, and a number modern companies building custom quad core processors (Apple, Samsung, Qualcomm, and so forth). So again, now not plenty latest a aggressive advantage. competition from competing technologies and clean get admission to to IP mitigates the perceived aggressive advantage modern-day any specific era. Android vs iOS is a good example of the way this works. both running systems are derivatives ultra-modern UNIX. Apple used their technology to introduce iOS and gained an early marketplace gain. but, Google, using their variation modern-day Unix (a competing generation), stuck up exceedingly quickly. The motives for this lie not within the underlying era, but in how the goods made possible by using the ones technology have been brought to marketplace (loose vs. walled garden, and so forth.) and the variations in the strategic visions latest agency.