Sunday, September 23, 2007

Technology and Obsolescence

You get a DVD which can play dual layer DVD, next day sony unveils a DVD format Blu - Ray compliant DVD. Now your yesterdays investment becomes a total waste. So one has to plan their technology investment in avery meticulous way. Be it a business be it a home. One needs to be aware of the emerging technologies and their life cycles. One needs to be prepared to dispose of old products in favor of new products. Emotions should not be carried and agility should be shown in adopting new products.

These new products have their own advantages, it could be better performance or convenience or energy efficiency. So say good bye to your old product today.

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