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.
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.