Technology forecasting is of critical importance to those companies whose products are composed of high-technology components. Companies must constantly examine, monitor, and apply emerging technologies to enhance business performance.
For example, George Washington University (Halal, Kull, and Leffmann 1997)
provides a forecast of emerging technologies in which major events in the fields of energy, environment, information technology, manufacturing, materials, transportation, and others are predicted on the basis of the opinions of a group of selected scholars. The latest forecast findings may be obtained from the GW Forecast website, which is on the Internet at http://www.gwforecast.gwu.edu.
Engineering managers need to understand the value that any of these emerging technologies may have on the products and services offered by their employers and plan accordingly.
Another technological example is the speed of computing. Figure 2.1 shows the improvement in computing speed realized by advanced computing centers in the world.
Currently, the top speed is achieved by Japan, running at 40,9600 gigaflops (GFlops). It is almost a certainty that the computing speed will continue to increase over time.The question for engineering managers is as follows: How can business benefit from such an advancement? Computing speed may be used advantageously in computationally intensive problems, whose solutions of finer granularity provide value
Technology forecasting is of critical importance to those companies whose products are composed of high-technology components. Companies must constantly examine, monitor, and apply emerging technologies to enhance business performance.For example, George Washington University (Halal, Kull, and Leffmann 1997)provides a forecast of emerging technologies in which major events in the fields of energy, environment, information technology, manufacturing, materials, transportation, and others are predicted on the basis of the opinions of a group of selected scholars. The latest forecast findings may be obtained from the GW Forecast website, which is on the Internet at http://www.gwforecast.gwu.edu.Engineering managers need to understand the value that any of these emerging technologies may have on the products and services offered by their employers and plan accordingly.Another technological example is the speed of computing. Figure 2.1 shows the improvement in computing speed realized by advanced computing centers in the world.Currently, the top speed is achieved by Japan, running at 40,9600 gigaflops (GFlops). It is almost a certainty that the computing speed will continue to increase over time.The question for engineering managers is as follows: How can business benefit from such an advancement? Computing speed may be used advantageously in computationally intensive problems, whose solutions of finer granularity provide value
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