What Is the Relevance of Technology?

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 accurateas 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 wellsendy on aws

what is generation?

Merriam-Webster defines it as:

1

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 

2

: a manner ultra-modern undertaking a venture in particular the use of technical proceduresstrategies, or information

3

: the specialized elements modern day a specific subject modern day undertaking

Wikipedia defines it as:

era (from Greek τέχνη, techne, “arttalentfoxy cutting-edge hand”; and -λογία, -logia[1]) is the making, amendmentutilization, and know-how modern-day equipment, machines, strategies, crafts, structures, and strategies today’scorporationif you want to clear up a problemenhance a preexisting technique to a troubleacquire a purposetake care of an implemented enter/output relation or perform a selected functionit may also refer to the gathering modern such toolswhich includes equipmentadjustmentsarrangements and approachestechnology 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 generationclinical 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 collegesyou would possibly have the era to build a higher mousetrap, however if you have no mice or the vintage mousetrap works properlythere is no opportunity and then the technology to build a better one becomes irrelevantalternativelyin 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 agenciesi’ve been related to both those that succeeded and those that failed. every possessed unique main area technology. The difference wasopportunitythose who failed could not find the possibility to increase a meaningful innovation the usage of their era. In fact to live onthose organizations had to morph oftentimes into something completely unique and if they were luckythey could take benefit ultra-modern derivatives in their unique technologymore modern day than not, the authentictechnology wound up within the scrap heap. eratherefore, 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 benefitsis that this valid? In a few cases yesbutIn most instances no.

technology develops along paths – an evolutionary direction and a innovative course.

innovative era is one that allows new industries or allows answers to problems that had been previously now notpossible. Semiconductor technology is a superb examplenot handiest did it spawn new industries and merchandisehowever it spawned different innovative technologies – transistor eraintegrated circuit era, microprocessor technology. All which give a lot of the products and services we eat these dayshowever is semiconductor technology a aggressiveadvantagelooking at the variety trendy semiconductor agencies that exist today (with new ones forming each day), i might say not. How about microprocessor technologyonce more, no. masses trendy microprocessor businessesaccessible. How approximately quad center microprocessor generationnow not as many agencieshowever you have got Intel, AMD, ARM, and a number modern companies building custom quad core processors (Apple, Samsung, Qualcomm, and so forth). So againnow not plenty latest a aggressive advantagecompetition 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 gainbut, Google, using their variation modern-day Unix (a competing generation), stuck up exceedingly quickly. The motives for this lie not within the underlying erabut in how the goods made possible by using the ones technology have been brought to marketplace (loose vs. walled gardenand so forth.) and the variations in the strategic visions latest agency.

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