Technology Radar: Your Go-To Tool For Technology Management

Why use a technology radar?

Every company faces the challenge of keeping up with technological changes, whether they’re a manufacturing giant or a midsized retailer. In order not to lose their competitive edge, companies must monitor novel technologies to recognize threats or opportunities for the future of the company.

The ITONICS Radar provides one collaborative platform for your team to evaluate and make sense of technologies. Team members can rate straight from the radar, adding their opinion on criteria such as potential impact, need for action, and internal know-how.

The ITONICS Radar helps companies in the following areas:

educe the effort it takes to make important decisions about the technological landscape of your business. The radar’s intuitive visualization of data makes it an effective early detection tool for significant technologies.

void the risk of functioning inside a bubble: draw on the technologies curated by ITONICS analysts, then assemble your own diverse team to rate each technology’s relevance to your business.

 

iscover innovation opportunities and align your organization with a shared view of the future.

nalyze a large amount of technologies more effectively: with only two clicks, highlight the technologies most relevant to your industry.

eport on relevant technologies in a way everyone can understand and buy into: our export and embed functionalities makes it easy to integrate radars throughout your organization.

How to use a technology radar

To create your technology radar quickly and get the most out of it, follow these steps:

1. Import technology content

A quick way to populate your technology radar is to use the content from the ITONICS Showroom. Select from the analyst-curated technologies that come as part of the ITONICS software and import them to your own workspace.

Alternatively, you can create your own technology elements from existing content you have already. Simply go to your workspace and click the blue 'Create' button.

The third option is to search in ITONICS Insights, find an interesting signal, then click 'Create Element from Signal' to turn it into a technology element that can appear on your radar.

2. Rate the technologies

Make the technology radar meaningful to your organization by rating the elements as a team. Rating criteria such as Business Potential and Internal Know-How are often subjective. By aggregating various people’s perspectives, you can reduce bias and build collective intelligence. To rate an element, navigate to the "Ratings" section of the element and use the rating sliders to assess it. To gauge your confidence in a rating, you can see the number of users who have added a rating for each criterion. Over time, as more and more opinions are collected, the collective view of your organization becomes clearer.

3. Customize the radar

Technology elements appear as dots on the radar. Different dimensions, such as the position, color, or shape of the dot, show you the ratings of that technology. In this way, the ITONICS Radar makes it possible for you to compare technologies according to multiple dimensions. For instance, you can set the dot’s distance from the center to indicate Potential Impact, the color Need for Action, and the dot’s size to show its Complexity rating.

Configure the radar to your needs, and emphasize what you want to evaluate and communicate. Once you have a radar configuration that suits your needs and conveys a useful message (such as highlighting technologies rated as high Potential Impact and Internal Know-How), save it as a custom radar view so you and your team can return to it and establish a unified perspective of relevant technologies.