Technology Roadmapping: Monitoring the Status of a Technology Roadmap with Data-driven Roadmapping Approach

Abstract

Under the changing business environment and emergence of breakthrough technologies, keeping a roadmap alive appears to be a major challenge for many organizations because a roadmap itself reflects only a snapshot of an organization’s strategic plan based on the information at the point when a roadmap is developed. It is crucial for an organization to monitor changes in its business environment as well as the development progress that may exert different effects on a roadmap and assess whether such changes are sufficiently relevant and significant. If so, then an updated version of a roadmap will be required. With the incorporation of proper data architecture into the roadmapping approach, the status of a roadmap can be actively monitor so that management can make a timely decision on whether a roadmap needs to be slightly adjusted, totally revised, or remain unchanged.