Business plan technology roadmap definition

A Roadmap for Making Business Strategy Actionable By add comment Businesses need a framework for guiding the mobilization of an organization around its strategic plan.

Business plan technology roadmap definition

What is a technology or IT roadmap? What is a technology roadmap? A technology roadmap also known as an IT roadmap is a visual document that communicates the plan for technology initiatives at the organization. A technology roadmap typically outlines when, why, and what technology solutions will be implemented to help the organization move forward while avoiding costly mistakes.

There are various categories and approaches to building a technology roadmap. However, roadmaps for IT teams generally fall into business plan technology roadmap definition different categories: IT systems roadmaps and technology roadmaps. IT systems roadmap An IT systems roadmap identifies the systems that enable core capabilities across the organization.

It outlines your current IT capabilities, your future IT needs, and the improvements you plan to make in order to reach your strategic goals.

For example, an IT systems roadmap would communicate plans about the major systems used to run your business.

business plan technology roadmap definition

These might include technologies like your customer relationship management system CRMenterprise resource planning system ERPdata analytics platforms, and identity management tools. Technology roadmap A technology roadmap shows the technology currently available today and highlights improvements that are scheduled in the future.

A technology roadmap also considers when a technology may be scheduled for end-of-life. For example, when a core CRM system is being replaced by a new one, a technology roadmap will highlight when support for the current CRM will end and when the new CRM will be brought online.

What is a technology roadmap?

As companies outline their strategic goals and initiatives to help them achieve their vision, they can use a technology roadmap to determine which technologies to pursue and outline their implementation plans.

A technology roadmap should ensure that technology and infrastructure investments will meet the short-term and long-term goals of the organization. Example technology roadmap This example technology roadmap outlines upcoming releases for the next six months.

business plan technology roadmap definition

You will notice that there are several releases represented. Regardless of the effort involved, each release is linked to an initiative and each initiative belongs to a product: Compliance, Data Center, or Security. Linking initiatives to the work — features and releases — allows IT teams to track progress over time, keep everyone informed of their plansand measure success against their goals.

Why do companies need a technology roadmap? Companies utilize various technologies to support their employees. The collection of these systems and technologies are often complex and resource-intensive.

Therefore, the overall infrastructure must be planned and implemented in an organized manner. Ultimately, the purpose of a technology roadmap is to align key stakeholders, such as Engineering, IT, and other business units, by creating a plan of action to implement new technology solutions or maintain existing ones.

This plan helps teams better grasp the requirements needed to reach the end goal and provides a clear path for the desired use case for the organization. What is included in a technology roadmap? The key components of a technology roadmap include:An implementation-independent definition of the architecture, often grouping related physical entities according to their purpose and structure.

An abstracted plan for business or technology change, typically operating across multiple disciplines over multiple years. Normally used in the phrases Technology Roadmap, Architecture Roadmap.

Definition: Technology planning is the process of planning the technical evolution of a program or system to achieve its future vision or end-state. Technology planning may include desired sponsor outcomes, technology forecasting and schedule projections, technology maturation requirements and planning, and technology insertion points.

Decision Making

11 days ago · Scope vs. Frequency in Defining a Minimum Viable Capability Roadmap: Part 2 of 3. Posted on so the overall plan is fluid, but sprint backlogs are not.

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Product Roadmap Examples and Definition | Aha! Product roadmap SWOT analysis Business plan Competitor analysis Gantt charts Introduction to Product Roadmaps Creating a product roadmap helps communicate direction and progress to internal teams and external stakeholders. It is a document showing the high-level initiatives and the plan for executing the work that aligns with the product strategy.
The TOGAF Standard, Version - Definitions Print Below is a one-page format is for your long-range brand roadmap. Every brand should have a five-year plan to lay out the big picture elements, including brand vision, purpose, and values.
What should be included in a product roadmap? Share on Facebook A strategic roadmap is a time-based plan that defines where a business is, where it wants to go, and how to get it there. It is a visual representation that organizes and presents important information related to future plans.

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According to Wikipedia, a technology roadmap is “a plan, that applies to a new product or process that matches short-term and long-term goals with specific technology solutions to help meet those goals.”. A technology roadmap is a high-level, visual plan that communicates an organization’s technology strategy.

Sometimes referred to as an IT roadmap, technology roadmaps help internal teams make strategic decisions around their technical infrastructure.

What is a technology or IT roadmap? | Aha!