TECHNOLOGY LIFE CYCLE AND

TECHNOLOGICAL GROWTH IN INDIA.

Fueling India’s technological propulsion…

By: Tushar Bhardwaj, Sahil Deswal,

Ipsi Sharma, Anisha Dahiya
Today’s Itenary

What is Technology ?
What is Technology life cycle ?
Analysis of TLC.
Growth of Technology.
Factors Affecting TLC.
Technology adoption life cycle.
Technology growth in India.
Driving factors.
Technology
 Systematic application of skills.
 Use of knowledge to solve problems.
 Technical means to improve surroundings.

Characteristics of Technology
Application of Knowledge .
Not restricted.
Complex in nature.
Magnitude varies.
Technology life cycle (Manufacturing)

Research and Development.

Ascent.

Maturity.

Decline.
Graphical representation of TLC
(simple)
Technological Stages / Phases
Technology Development

Technology Application

Application Launch

Application Growth

Technological Maturity

Degraded Technology
Technology life cycle for other processes

Bleeding Edge

Leading Edge

State of the art

Dated

Obsolete
Graphical depiction of TLC
COUNTRIES AT THE FOREFRONT OF
TECHNOLOGY
Rank Country/ Economy Score
1 Denmark 5.71
2 Sweden 5.66
3 Singapore 5.60
4 Finland 5.59
5 Switzerland 5.58
6 Netherlands 5.54
7 United States 5.54
8 Iceland 5.50
9 United Kingdom 5.45
10 Norway 5.42
11 Canada 5.35
12 Hong Kong 5.35
13 Taiwan 5.28
14 Japan 5.27
15 Australia 5.24
16 Germany 5.22
17 Austria 5.17
18 Israel 5.14
19 South Korea 5.14
20 Estonia 5.02
Factors affecting TLC

Requirement of technology
Type of Product
Type of Market
Type of Customers
Average return period
Complexity of technology
Costs involved in development
Economic conditions
Political Environment
Technology Adoption life cycle.
• Laggards. Level 5
• Late Majority. Level 4
• Early Majority. Level 3
• Early Adopters Level 2
• Innovators. Level 1
Technology Adoption explained…
Technology Development in India

Major Reforms in field of Education.

Several IIT’s and IIM’s has been established.
India along with China, Iran and Brazil contributes 97.5%
of world’s total scientific productivity.
Investment worth $3.7 Billion invested in R&D in 2002-03.
Indian IT sector is the 2nd most preferred place for
outsourcing after US.
IT sector contributes 5.19% to GDP.
Expected to grow 4%-7% this fiscal and $ 225 billion by
2020.
Catalysts of Technology Growth in India

Increased Global Trade.

Population Growth.
Surge in the income of people.
Security needs on defense frontiers.
For gaining global clout.
Participation in major decision making.
Collateral growth in several other fields.
Fierce competition from foreign counterparts.
The Next BIG Thing!

Wireless
Nanotechnology
RFID (Radio Frequency
Identification)
Bio-Technology
Others
QA Time