A technology roadmap is a process that helps an organization plan its technology initiatives, strategies, and products. Technology roadmap includes the following three points:
Portfolio management
Technology roadmaps provide organizations with a way to document and communicate their strategies for software product development, deployment, support, enhancement, etc. A technology roadmap is not just about adding new features or interesting capabilities but may lack business value; it also includes providing long-term support for existing ones.
Forecasting
With it, organizations can gain insight into the future of their product and make decisions based on data rather than personal opinions. Technology roadmaps help companies identify new technologies for development or increase investment in existing projects by showing them how it aligns with overall organizational objectives.
Planning & Organizing
These are not just about adding new features or capabilities that are interesting but may lack business value. It also includes providing long-term support for existing ones as well. Technology roadmaps help companies identify new technologies for development or increase investment in existing projects by showing them how it aligns with overall organizational objectives.
To conclude, technology roadmaps are a useful tool that helps align business and IT strategies.
