Future Technology Advisory
Monitoring and assessing the applicability of trends across the technology landscape.
There is a never-ending stream of new products and new services which utilise breakthrough technologies or harness revolutionary improvements in existing technologies, and many of these are aimed at disrupting existing markets. And with the growth in technology research coupled with a reduction in the “time to market” for technological innovations, the pace of technology change continues to increase.
This means investment in new technology is fraught with risks, whether that is an investing creating a new technology product or service to sell to your customers or purchasing a new product or service for internal use.
Forewarned is forearmed
BDO constantly monitor the latest developments in the world of technology, from breaking research and new product launches to the movement of key personnel between organisations and institutions. We monitor the output from the “big tech” research programmes and review their technology roadmaps to piece together the underlying trends and determine their general direction of travel.
We then use this to advise clients on their own initiatives, before they make investment decisions. Business cases can no longer be based on today’s technology and financials, they need to look at future viability. Just as a product proposed today could be rendered obsolete by a future technology change, a proposal that is rejected today could become feasible in the future.
As well as advising on specific technology decisions, BDO’s Future Technology Advisory can provide regular updates on general technology trends, tailored to your specific industry.