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Technology Management Lecture
Technology Management Lecture
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But in Modern
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Technology adds
value
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New Technology
Technology Trends
Learning and enhancing your skills are vital in this
technological era. This helps you to prepare
yourself for getting the highest paying jobs in the
field of your choice. And if you are a professional
already, learning new technologies and tools will
take you an inch closer to the promotion you
always dreamt of. Widening your arsenal of tools
also enhances your value as a professional in
your company.
1. Artificial Intelligence
AI is the technology used for equipping
computer systems with the ability to make
decisions like human.
(AI will help you secure jobs such as )
• Machine Learning Engineer
• Data Scientist
• Computer Vision Engineer
• Business Intelligence Developer
• Data Analyst
2. Data Science
Data Science is the technology that helps
to make sense of complicated data.
(Data Science will help you secure jobs
such as )
Data Scientist
Data Architect
Business Intelligence Manager
Data Engineer
Data Analyst
Business Analyst
3. Internet of Things
• Electrical device.
• Screen magnifier.
• Audio book.
• Adapted cd player/music player.
• Voice amplification.(mic)
• Scooter.
• Gait trainer.
• Wheel chair.
• TV
Appropriate Technology
1. Appropriate Technology
The term appropriate technology is used to
indicate a good match between technology
utilized
the and resources required for its optimal
use.
•Labor-intensive technology.
•Alternate technology.
•Self-help technology.
•Village-level technology.
Example in Agriculture
Food preservation and post harvest processing.
Lack of proper processing and preservation
technologies forces farmers to sell their produce
in raw form
Tacit Technology
Tacit Technology
It is usually based on experience and therefore
remains within the minds of developers.
There is no uniformity.
1. Riding a bike
2. Playing the piano
3. Driving a car,
4. Hitting a nail with a hammer
5. Putting together pieces of a complex jigsaw
puzzle,
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Technology Lifecycle
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1 Rate of Improvement of Technology
A figure of merit for each functional capability of a
technology is to be identified.
• For a product it could be travel speed per unit time
(transport vehicles),
• or lumens per watt (lighting fixtures),
• or instruction execution rate per second
(computers).
• For a process, it could be the efficiency of fuel
utilization or reduction in waste generation.
• S-shaped growth curves are formulated to form a
system of curves depicting advancement of
technologies.
2. Rate of Substitution of Technology
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Both macro and micro-technology management seek
to raise economic efficiency.
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1. Basic research: It for the sake of increasing our general
understanding of laws of nature. It is a process of generating
knowledge over a long period of time. It may or may not result in
specific application.
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