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How to evaluate a new technology

New terms appear every day, either as new industry standards, as specific technologies, or simply as trends. These terms all have a deep technological basis that we are forced to understand for their possible application.

When analyzing these new technologies, we are faced with the dilemma of whether they should fit into our infrastructure and production processes, or whether they are in a proof of concept phase.

There are at least three precious characteristics to value. These characteristics must be favorable simultaneously, it is not feasible if only 1 or 2 of them are given.

Owner Company

A stable product implies that there is a version with sale capacity. The company that owns the property has version control, migration plans, experts, customization capabilities, etc.

Community of Developers or Specialists

When a product has market support, communities appear around its use. This is valid from office automation products to more technical development products. We see it on websites and forums where tricks, applications, user questions, development communities, additional components created by third parties, videos, online or face-to-face training, etc. appear.

Use Cases of success at the income statement level

The main motivation for the application of a technology is the income statement. Whether as an efficiency process derived from obtaining similar results with more agile systems, or as an application to the existing business model, transforming or enhancing it or creating a new business model.

When the product is stable, correctly installed, with adequate change management, and is used intensively by users, the result should be a positive impact on the income statement. Therefore, there are cases of success in its application that we can study and apply internally.

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