In what phase of technology life cycle is chosen technology

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Assignment: Adoption and Strategies Proposal

You will submit your Adoption and Strategies Proposal for the innovative technology that you selected and documented in Milestone One. You will identify different adoption timelines and strategies that can be applied within the business scenario and justify the adoption timeline and strategy that your analysis indicates is the best option for the business scenario. Adoption of innovation considers individual behaviors. Consider which group of individuals this innovation would appeal to at various points in the timeline. The basic timeline starts with innovators moving to early adopters, then early majority and late majority, and finishes with late adopters. You will need to determine when the release of the innovation will provide the best return on investment for the companies.

The technology life cycle and the technology adoption timeline are two different concepts. The technology life cycle is the stages in which an innovation moves through progress. The technology life cycle begins with research and development, then ascent and maturity, ending with decline. The technology adoption timeline is when different social groups accept the innovations.

Specifically, the following critical elements must be addressed:

A. Phase: In what phase of the technology life cycle is the chosen technology? When is the ideal time for adopting this particular technology?

B. Timeline: Based on the technology adoption models, what possible timelines of adoption could be implemented, and which timeline best fits the needs of the organization?

C. Variables: What variables affect the timing and implementation of new technologies?

Reference no: EM133555580

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