Value Driven Technology Road Mapping (VTRM) process integrating decision making and marketing tools: Case of Internet security technologies

Abstract This paper presents a new approach to Technology Roadmapping by integrating marketing and decision methodologies. While much of the research into technology roadmapping has been applied to products that represent a one-time ROI to the manufacturer, current Internet technologies are resulting in web services that use an entirely different financial and business model of licenses and subscriptions. This paper addresses the software services applicability and documents a start-to-finish application of cross-discipline models and tools to form a real-life roadmap from market drivers to project headcount. Pitfalls in the roadmapping process will be documented and suggestions for improvement will also be discussed.

[1]  Peter A. Koen Technology Maps: Choosing the Right Path , 1997 .

[2]  Tugrul U. Daim,et al.  Exploring the role of technology evaluation in the competitiveness of US electronics manufacturing companies , 2009, Int. J. Technol. Manag..

[3]  T. Daim,et al.  Technology Roadmapping through Intelligence Analysis: Nanotechnology , 2007, PICMET '07 - 2007 Portland International Conference on Management of Engineering & Technology.

[4]  Yasemin Gülbahar,et al.  Technology planning: A roadmap to successful technology integration in schools , 2007, Comput. Educ..

[5]  J. L. Bower,et al.  Business policy: text and cases , 1973 .

[6]  W. McDowall,et al.  Forecasts, scenarios, visions, backcasts and roadmaps to the hydrogen economy: A review of the hydrogen futures literature , 2006 .

[7]  N. Gerdsri An analytical approach to building a technology development envelope (TDE) for roadmapping of emerging technologies , 2005, A Unifying Discipline for Melting the Boundaries Technology Management:.

[8]  T. Kappel,et al.  Roadmapping in the corporation , 2003, IEEE Engineering Management Review.

[9]  R. Kostoff,et al.  Disruptive technology roadmaps , 2004 .

[10]  Tugrul U. Daim,et al.  A FRAMEWORK FOR MANAGING THE FORECASTING PROCESS , 2008 .

[11]  R. Phaal,et al.  Value Roadmapping: A Structured Approach for Early Stage Technology Investment Decisions , 2006, 2006 Technology Management for the Global Future - PICMET 2006 Conference.

[12]  Barbara Pacheco The U.S. retail payments system in transition : Federal Reserve initiatives , 2006 .

[13]  Ozcan Saritas,et al.  Systemic analysis of UK foresight results Joint application of integrated management model and roadmapping , 2004 .

[14]  W. J. Spencer,et al.  National technology roadmaps: the U.S. semiconductor experience , 1995, Proceedings of 4th International Conference on Solid-State and IC Technology.

[15]  C. Holmes,et al.  The application of Operation and Technology Roadmapping to aid Singaporean SMEs identify and select emerging technologies , 2005 .

[16]  Tugrul U. Daim,et al.  Implementing technology roadmap process in the energy services sector: A case study of a government agency , 2008 .

[17]  Tugrul U. Daim,et al.  Exploring technology acquisition in Oregon, Turkey and in the U.S. electronics manufacturing companies , 2008 .

[18]  T. H. Ning A CMOS technology roadmap for the next fifteen years , 1995, 1995 IEEE TENCON. IEEE Region 10 International Conference on Microelectronics and VLSI. 'Asia-Pacific Microelectronics 2000'. Proceedings.

[19]  James C. Hower,et al.  Clean Coal Technologies And Clean Coal Technologies Roadmaps: by Colin Henderson, International Energy Agency, CCC/74 and CCC/75, 2003; and Trends in Emission Standards by Lesley L. Sloss, International Energy Agency, CCC/77, 2003. , 2004 .

[20]  Nathasit Gerdsri,et al.  Dealing with the dynamics of technology roadmapping implementation: A case study , 2009 .

[21]  Timothy R. Anderson,et al.  Technology management : a unifying discipline for melting the boundaries , 2005 .

[22]  P. Kotler,et al.  Principles of Marketing , 1983 .

[23]  Clayton M. Christensen The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail , 2013 .

[24]  Pieter Groenveld Roadmapping Integrates Business and Technology , 1997 .

[25]  Steven T. Walsh,et al.  Roadmapping a disruptive technology: A case study: The emerging microsystems and top-down nanosystems industry , 2004 .

[26]  D. Probert,et al.  Customizing the Technology Roadmapping Technique for Software Companies , 2006, 2006 Technology Management for the Global Future - PICMET 2006 Conference.

[27]  Alain C. Diebold,et al.  Overview of metrology requirements based on the 1994 National Technology Roadmap for semiconductors , 1995, Proceedings of SEMI Advanced Semiconductor Manufacturing Conference and Workshop.

[28]  Dundar F. Kocaoglu,et al.  Applying the Analytic Hierarchy Process (AHP) to build a strategic framework for technology roadmapping , 2007, Math. Comput. Model..

[29]  Robert Phaal,et al.  Technology roadmapping—A planning framework for evolution and revolution , 2004 .

[30]  M. Radnor,et al.  Frontier experiences from industry-academia consortia , 2003, IEEE Engineering Management Review.

[31]  Thomas A. Kappel,et al.  Perspectives on roadmaps: how organizations talk about the future , 2001 .

[32]  Martin Rinne,et al.  Technology roadmaps: Infrastructure for innovation , 2004 .

[33]  Reza Khorramshahgol,et al.  Delphic hierarchy process (DHP): A methodology for priority setting derived from the Delphi method and analytical hierarchy process , 1988 .

[34]  R. Schaller,et al.  Technological innovation in the semiconductor industry: A case study of the International Technology Roadmap for Semiconductors (ITRS) , 2001, PICMET '01. Portland International Conference on Management of Engineering and Technology. Proceedings Vol.1: Book of Summaries (IEEE Cat. No.01CH37199).

[35]  Kevin J. McCarthy Comment on the "analytic Delphi method" , 1992 .

[36]  T. Daim,et al.  Technology roadmapping through intelligence analysis: case of nanotechnology , 2008 .

[37]  Thomas Bruckner,et al.  Public Policy Modeling of Distributed Energy Technologies: Strategies, Attributes, and Challenges , 2005 .

[38]  Sungjoo Lee,et al.  Customization of technology roadmaps according to roadmapping purposes: Overall process and detailed modules , 2005 .

[39]  Tugrul U. Daim,et al.  A taxonomic review of methods and tools applied in technology assessment , 2008 .

[40]  Tugrul U. Daim,et al.  How Do Engineering Managers Evaluate Technologies for Acquisition? A Review of the Electronics Industry , 2008 .