Need and Value for Technology intelligence (TI)

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The article entitled “Excavating the technology landscape: deploying technology intelligence to detect early warning signals” published in IEEE, consists of good information on value of technology Intelligence (TI). According to author, Technology intelligence (TI) is a process by which organizations develop an awareness of technological opportunities and threats external to the firm and the opportunities present within the firm. There are two primary forms of TI:

* Proactive scanning and
* Reactive searching.

The purpose of proactive scanning is to identify external technologies that have the potential to disrupt the nature of current business. It functions as the ~eyes and ears' or the ~early warning system' of the firm.

Reactive searching is deployed when there are specific needs within the firm. The firm may define the needs or problems in a solution-neutral way and develop a targeted search process.

The paper presents a set of approaches associated with setting up a technology intelligence system, covering the three key ingredients of TI.

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