Is there a Relevance of Technological innovation?

 

“Technology in the long-run is irrelevant”. That is certainly what a customer for mine told me while i made a introduction to him of a new product. I had been discussing the product’s characteristics and benefits and also listed “state-of-the-art technology” or something compared to that effect, as one of those. That is when he made the statement. I understood later that he appeared to be correct, at least inside context of how I just used “Technology” during my presentation. But When i began thinking about no matter if he could be right throughout other contexts at the same time.

What is Technology?

Merriam-Webster defines it as:

one particular

a: the program of knowledge especially in a precise area: engineering only two <medical technology>

b: a functionality given by the request of knowledge <a car’s fuel-saving technology>

2

: a manner about accomplishing a task specially using technical techniques, methods, or expertise

3

: the specialised aspects of a particular discipline of endeavor <educational technology>

Wikipedia defines it as:

Engineering (from Greek τέχνη, techne, “art, expertise, cunning of hand”; and -λογία, -logia[1]) could be the making, modification, consumption, and knowledge of instruments, machines, techniques, special creations, systems, and techniques of organization, in order to work out a problem, improve some sort of preexisting solution to a difficulty, achieve a goal, take care of an applied input/output relation or perform specific function. Additionally, it can refer to the collection associated with such tools, which include machinery, modifications, agreements and procedures. Technological innovation significantly affect man as well as other animal species’ ability to control along with adapt to their all-natural environments. The term may be applied generally in order to specific areas: for example construction technology, health care technology, and information systems.

Both definitions involve the same thing – app and usage.

Technological know-how is an enabler

A lot of people mistakenly believe it is concept which drives technology. Yet from the explanations above, that is evidently not the case. It is ability which defines uniqueness and technology of which enables innovation. Imagine the classic “Build an improved mousetrap” example educated in most business universities. You might have the solutions to build a better mousetrap, but if you have no these animals or the old mousetrap works well, there is no occasion and then the technologies to build a better a single becomes irrelevant. In contrast, if you are overrun with these pests then the opportunity is out there to innovate a solution using your technology.

Yet another example, one of which I am intimately recognizable, are consumer electronics start-up companies. I’ve been linked to both those that became successful and those that hit a brick wall. Each possessed exclusive leading edge technologies. The was opportunity. People who failed could not obtain the opportunity to develop a substantial innovation using their technological innovation. In fact to survive, businesses had to morph in many cases into something completely different and if they were happy they could take advantage of derivatives of their original engineering. More often than not, the original technological know-how wound up in the recycle heap. Technology, as a result, is an enabler whoever ultimate value offrande is to make improvements to our live. In order to be relevant, it requires to be used to create innovative developments that are driven by simply opportunity.

Technology being a competitive advantage?

Most companies list a systems as one of their low advantages. Is this appropriate? In some cases yes, employing most cases no .

Systems develops along a pair of paths – a evolutionary path plus a revolutionary path.

An innovative technology is one that enables new market sectors or enables approaches to problems that were in the past not possible. Semiconductor concept is a good example. Not simply did it spawn innovative industries and merchandise, but it spawned various other revolutionary technologies aid transistor technology, included circuit technology, processor technology. All which usually provide many of the products we consume right now. But is semiconductor technology a competing advantage? Looking at the volume of semiconductor companies that you can get today (with different ones forming each day), I’d claim not. How about micro-pocessor technology? Again, number Lots of microprocessor firms out there. How about quad core microprocessor solutions? Not as many companies, nevertheless, you have Intel, AMD, ARM, and a number of companies constructing custom quad central processors (Apple, Korean, Qualcomm, etc). And so again, not much of any competitive advantage. Opposition from competing technological know-how and easy access to IP mitigates the observed competitive advantage of any sort of particular technology. Droid vs iOS is a superb example of how this kind of works. Both os’s are derivatives regarding UNIX. Apple utilised their technology for you to introduce iOS in addition to gained an early current market advantage. However , Look for engines, utilizing their variant involving Unix (a rivalling technology), caught up reasonably quickly. The reasons just for this lie not from the underlying technology, using how the products permitted by those technology were brought to markets (free vs . walled garden, etc . ) and the differences in the main strategic visions of each one company.

Evolutionary technologies is one which incrementally builds upon the basic revolutionary technology. Nevertheless by it’s very mother nature, the incremental transform is easier for a opponent to match or leapfrog. Take for example cordless cellphone technology. Supplier V introduced 4-G products prior to Organization A and while it may well have had a short period advantage, as soon as Business A introduced their very own 4G products, the bonus due to technology gone away. The consumer went back to selecting Company A or simply Company V influenced by price, service, insurance, whatever, but not dependant on technology. Thus technological innovation might have been relevant for the forseeable future, but in the long term, started to be irrelevant.

In today’s world, systems tend to quickly become commoditized, and within every particular technology is the seeds connected with its own death.

Technology’s Relevance

This article was initially written from the future of an end customer. Coming from a developer/designer standpoint issues get murkier. Typically the further one is stripped away from the technology, the actual less relevant it gets. To a developer, the particular technology can resemble a product. An which allows product, but a merchandise non-etheless, and thus its highly relevant. Bose uses a proprietary indication processing technology allow products that satisfy a set of market demands and thus the engineering and what it helps is relevant to them. People are more concerned with precisely how it sounds, what’s the retail price, what’s the quality, and so forth, and not so much using how it is reached, thus the technological know-how used is much a lesser amount of relevant to them.

Not too long ago, I was involved in attorney at law on Google+ in regards to the new Motorola A phone. A lot of the persons on those blogposts slammed the phone pertaining to various reasons instant price, locked footwear loader, etc . There are also plenty of hits on the fact that it don’t have a quad-core model like the S4 and also HTC One which were being priced similarly. Whatever they failed to grasp is whether the manufacturer put to use 1, 2, some, or 8 durillon in the end makes zero difference as long as the product can deliver a aggressive (or even good class) feature fixed, functionality, price, plus user experience. The apple iphone is one of the most productive phones ever generated, and yet it goes on a dual-core processor. The idea still delivers the most effective user experiences out there. The features that are facilitated by the technology are generally what are relevant to the client, not the systems itself.

The esprit of technology consequently , is as an enabler, not as a product element or a competitive edge, or any myriad of other items – an enabler. Looking at the Mobile operating system, it is an remarkable piece of software technology, however Google gives it away from. Why? Because stand alone, it does nothing just for Google. Giving it at bay allows other companies to work with their expertise to develop products and services which then become enablers for Google’s products and services. To The major search engines, that’s where the serious value is.

Carefully of or usage of a technology is simply important for what it lets you do – make innovations which clear up problems. That is the legitimate relevance of concept.