Technology scouting: preliminary study and technology tree

In the previous article, we discussed that Technology scouting involves monitoring technological changes worldwide and examining similar companies with a creative and investigative approach. In the context of technology scouting, a preliminary study is an initial phase of research that aims to investigate the feasibility and potential value of a technology scouting system. Here are some key aspects of a preliminary study in technology scouting.

The study begins by assessing the need for a technology scouting system among potential users. The preliminary study is a crucial step in technology scouting as it helps in setting up the right system and processes for effective scouting. It ensures that the technology scouting system is tailored to the specific needs of the organization and is capable of identifying and evaluating technologies with potential relevance efficiently. The next step is technology tree, In the context of technology scouting, a technology tree can be seen as a tool that helps in visualizing and understanding the relationships and dependencies among different technologies. It’s a graphical representation that shows how different technologies are interconnected, and how they evolve over time.

The technology tree can be particularly useful in the following ways:

• It helps in identifying potential technologies that could be relevant to the organization’s needs.
• It provides a structured way to explore and evaluate these technologies.
• It aids in understanding the progression of technologies, which can be crucial for strategic planning and decision-making.

The technology tree can also be used in conjunction with other tools such as technology roadmapping, which aids in the long-term and interactive matching process between external technologies and internal requirements of an organization. creating and maintaining a technology tree requires a deep understanding of the technology landscape, as well as the ability to anticipate future technological developments. This is where the role of a technology scout becomes crucial. They are responsible for continuously updating the technology tree based on the latest technological advancements and trends.