Adoption and implementation of group technology classification and ...
Classification of Technology
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Transcript of Classification of Technology
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With Examples
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Common use across the industries Greater range of applications
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It provides a degree of strategic flexibility to a particular user
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Proprietary and indigenous to the firm Provides a competitive advantage Not available to others in market Huge expenditure and efforts are
required for internal development or
external acquisition Ex: New technologies
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Technology is encapsulated in
products and physical equipments
Ex: Technology used in a
manufacturing plant
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Technology is intangible in nature There are no specific products which
give it a particular character Involves social or management
sciences instead of natural sciences Ex: Quality assurance programme in
a factory
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These TECHNOLOGIES Evolve by combining different technologies through IT for development of large number of different applications like Computer aided flexible manufacturing system
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Group of tech. which support R&D, and manufacturing and marketing functions in the industry
Ex: Measurement & test methods, calibration processes
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It evolves by combining together features of different technologies
Ex: combining photography and digital tech in digital cameras
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This type of tech is under advanced development stage and research has progressed far enough to indicate a high probability of technical success for new applications and new products in the upcoming few years
Ex: Bio-genetics, Nanotechnology
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