What is a Technology Assessment?
A Technology Assessment or Technology Needs Assessment is an efficient review of your company’s technology necessities, taking under consideration what is required today, and the anticipated needs based on your development. Whether you are an expansive company or smaller, before you decide to purchase new technology, you should highly consider performing a Technology Needs Assessment.
Purpose: To comprehend your existing reality.
- Understanding your current technology ecosystem: This incorporates both the solutions you’re currently utilizing as well as the frameworks and forms utilized to combine those systems.
- Understanding the issue: You need to comprehend the issue, in terms of business and potentially your end-user involvement. Once you combine a business issue and the end-user issue, you can get a clearer picture of the exact problem and begin to create a way to calculate it.
- Understanding your people: End-user understanding isn’t going to come unless the time is taken out to really comprehend what your end-users are battling with and interface this back to the business problem. Ways to discover this can incorporate shadowing how individuals do their jobs, existing utilization information, user interviews and fast model testing.
Once you have an in- depth understanding of what your innovation environment is then you can move on to the next step.
Purpose: Analyze the precise usefulness that you currently have internally and how it’s being connected. Amid this step, a good spot to begin is to see:
- What your current tech stack can do. How the innovation is being connected?
- Is it being worked around or misused?
- Are the end users avoiding the features and functions?
This is crucial to look into because more regularly than not, organizations are misusing their current technology instead of utilizing it to its full potential. There will be some gaps and holes when the examination is completed which is where your technology evaluation should center. At the conclusion of this step, an understanding of valid and prioritized choices to fill your gaps with the pros and cons of each option.
Define and Develop
Purpose: This step is to build out the vision for the conclusion state.
It’s not just about the issue you’re looking to calculate but more around what is your technology solution aiming to do/ how to drive the business forward? This vision ought to be through the focal point of the business and operational necessities.
When looking at the choices, inquire yourself: Does this feature/function address the current issue the company has? This step is refining your vision down to be laser centered on the business issue and zoning in on precisely what is needed.
Purpose: This is the final step where all your work will be on paper and appear as a well-documented plan. The end report should include:
- A high level overview
- A clear explanation of what you are calculating and what you are inquiring for
- All the items of the implementation and deployment
- Details on venture timelines and ownership
One last but crucial piece of documentation is verbal communication with the whole group. Confirm that everybody knows the “elevator story” which is the messaging to capture the interest and consideration of key officials. Meetings with the official decision makers to gain buy-in is crucial. They should be done one on one and together. This indicates both individual and group backing. Be prepared to alter certain areas of the plan based on the official feedback – Flexibility is key!
Technology Assessment Services
TechCXO can provide leadership and knowledge on how to complete a technology assessment for your business. Some of the responsibilities include:
If you have a need for a C-Suite executive like a Chief Technology Officer, or a Chief Information officer, with over a decade of experience to help ensure your project is completed on time, on budget and ensuring a win for your team, please reach out to us today. We can tailor our service offerings to meet your needs.