Validating New Technologies
Technology validation is a term used to describe the process of testing new technology under real-world conditions and evaluating its performance. Simulating the future intended use of the technology in a realistic operating scenario assists in predicting whether its organisation-wide implementation would be successful or not. In validating new technology, a company ensures that potential new technology will meet the needs of the business and provide a positive return on investment.
Technology validation is an important process that should not be overlooked. The following steps provide a useful guide for companies that are considering any new technology.
- Identify the problem or need the technology intends to solve.
Before implementing new technology, it is important to understand the specific concern that the technology proposes to address. This helps to ensure that the technology is well-suited to the company’s needs and will provide the desired benefits or solutions.
- Research and evaluate available technologies.
Once the problem or need has been identified, the next step is to research and evaluate the available technologies that could potentially solve the problem. This may involve conducting market research, speaking with vendors or gathering input from other stakeholders within the company.
- Develop a prototype or proof of concept.
After identifying and evaluating potential technologies, the next step is to develop a prototype or proof of concept to test the technology in a real-world setting. This may involve creating a small-scale version of the technology or conducting a pilot project to test the technology in a limited environment.
- Conduct testing and evaluation.
During the testing and evaluation phase, the technology is put through its paces to determine whether it will perform as expected and meet the needs of the business. This may involve conducting user testing, performance testing and other types of evaluations to assess the technology’s suitability.
- Make a decision and implement the technology.
After conducting testing and evaluation, the company will have gathered the information needed to make an informed decision. If the technology is deemed suitable, the next step is to plan and implement it across the organisation, ensuring that it is properly integrated and that all stakeholders are trained and prepared to use it.
At Silverhorse Technologies, we believe real insight is driven by knowledge, not instinct. Using data produced when we validate new technologies, we determine whether any potential technology will suit the needs of our business and whether it will be a successful and worthwhile investment for our organisation.
Get in touch with the team at Silverhorse to find out how we can help your organisation make better, faster business decisions. Now.