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The Technology Roadmap: What Is It and Why Is It Important?

Technology roadmaps are a great organizational tool for any company to map out technology developments and to determine how those developments are going to change the way a company operates.

What?

A technology roadmap is defined as a planning technique to create strategic long-term and flexible plans for technology developments, adjustments and technology initiatives over time.

Basically, a technology roadmap focuses on a company’s short-term and long-term technology goals. There are three main uses for a roadmap: to reach an agreement about a company’s technology needs, to provide a forecast for technology developments and to create a framework for planning and coordinating technological advancements.

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