Archive for October, 2011
Technological Innovation Through Tech Mining For Market Dominance
Innovation means technological change. The technology change results in practical implication or commercialization, it does not mean just generation of ideas. The importance of technological innovation in today’s competitive economy is very clear, as today the worldwide economy depends on technology and technological innovation to an extraordinary degree.
Technological innovation plays important role in the economical growth of any country. Us, Japan, and other European countries are developed only due to there technological progress. In recent years, Singapore, India, China and many other countries are advancing dramatically due to technological innovations and progress. High technology companies are a significant and growing component of the economy. The competitive of these companies depends on technological innovations. Innovations improves standard of living. Developments in medical and pharmaceutical technologies have delivered extensive returns in health and life span.
Technological innovation involves tech mining. Tech mining includes understanding the technological innovation processes to track them more effectively and get informed about latest happenings and make valuable business decisions about R&D and subsequent implementation and adoption choices.
Innovation is defined as the process by which technological ideas are generated, developed and transformed into new business products, process and services that are used to make a profit and establish marketplace advantage. A better understanding of the innovation process is essential to figure out empirical measures deriving from innovation activities to generate actionable technological intelligence. Read the rest of this entry »
Tags: high technology, media and technologyRelated posts
Essence Of Information Technology Landscape In Business Organizations
Any manufacturing organization would ideally have its Vision and Mission to guide them through its future course.
But does the organization have an Information Technology vision in place. Some organization may question this need, they may feel that the organizational focus should be on its core competency and Information Technology just plays a role of an enabler. But on the contrary such organizations are in greater need of an Information Technology vision. The role of Information Technology is that of a business driver in today’s competitive environment and not just an enabler.
Now lets analyse the need and essence of Information Technology Landscape for a business organization.
Consider an XYZ organization, which after half a decade of existence had entered a phase of business growth. Till date the role of Information Technology would have been that of a support system. My experience says that most of the organizations in such a scenario tend to focus on their core competency and grabbing more business opportunities, and almost no attention is given to the key role Information Technology can play.
Keeping in mind the type of competition and constraints the business organization faces, like for example high demand and need for rapid increase in manufacturing capabilities, need of sizeable investments to enter new markets or more focus for business tie ups, its apparently difficult to focus and believe that Information Technology can be a business driver. But the fact of the matter is, it really is. So the question is how can it be done?
The organization requirements can be divided majorly into functional requirements (very specific to the industry domain), routine transactional requirements, content management requirements, workflow requirements and Infrastructural requirements. Read the rest of this entry »
Tags: information technology, media and technologyRelated posts
The Future Tech: An Overview
The art of making fire and Stone Age creations have paved way to the present amazing science and technological development. From telephones to satellites, we are submerged in the ocean of discoveries. Japan has endeavor the science and technological development. Their efforts are to unearth the hints from the development of innovative research in Japan. The government of Japan is devoted to strengthening this field. The Minister for Science and Technology once declared “the entire Japanese government is committed to strengthening science and technology”. Japan is very swift in its technological development. Some of them are mentioned below.
Viewing the Famous Museums in Your Location: You can view the virtual images of famous museums or historical locations by using a pair of glasses from your place. This technology brings in new hope to change the future. The company is working on the dreams that it wants to come true in the near future.
Internet Umbrella: The Internet umbrella is invented by two Japanese students at Keio University. This works as a photo browser and displays images while the user moves. The handle has a projector which displays the image beneath the side of the umbrella. We can browse and share photos using this umbrella.
Multi Functional Printers: There are high speed and environment friendly printers developed by Japanese. These printers cause less CO2 emission which in turn helps reduce global warming and save our planet, earth. Read the rest of this entry »
Tags: high technology, media and technology