What is Technology Research

As I was surfing the web, I found this website that talks about Technology Research. Link.

I found this text as a good description of what the ARC can also partially be.  Below, I copied some text from that website.

“Technology research is a process that helps businesses to recognise technological opportunities and dangers (technology) that may have an impact on their future survival and success. It strives to gather and disseminate the technology data required for long-term planning and decision-making (business intelligence).

Technology research will help you identify the following:

• Any new emerging technology areas
• The level of competition
• Industry’s current and emerging issues
• Most recent developments and trends in a particular field
• How you are seen in comparison to your competition, and how your competitors attract customers
• Your possible clients, their location, and clients that are most likely to do business with you”

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