10 Factors to Help You Evaluate a New Technology

10 Factors to Help You Evaluate a New Technology

Before making the decision to invest in new technology, it's important to evaluate its adoption cost, potential threat, capability, usability, interoperability, integration, application, legal compliance, security and privacy, and social and cultural impacts that may arise. One way to evaluate new technology is through the use of collaborative software like ITONICS Radar, Portfolio, and Insights. These tools help teams evaluate and rate technologies based on internal know-how, business potential, cost, and more. Additionally, ITONICS Signals and Innovation OS help to scan sources for research and trends, and establish logical connections between technologies for interoperability and integration.

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More Innovation Resources:

How Innovation Affects Brand Loyalty

To retain customers, it's important to understand the four types of purchasing styles: Brand Laziness, Brand Loyalty, Variety Seekers, and Problem Solvers.

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Birth of a Product Company

Learn how to successfully turn your product idea into a profitable business through market testing, business planning, and raising capital.

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Idea Software: A Guide to Idea and Innovation Management

Idea software can help organizations systematically collect, evaluate, and implement ideas, resulting in new revenue streams, product improvements, and enhanced employee engagement, among other benefits.

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