Question

Briefly justify the following statement. "The choice of technology should be based on the technology strategy in order to seek competitive advantage".

Answer 1

This statement is very correct as technology should be chosen wisely in order to be in competition and take the lead in competitive advantage. Randomly selection of any technology is not going to help and may not put an organization in the line of competitive advantage.

For example: If a company A uses the certain software on cloud, similarly company B which is a rival company to A also uses the same software on the cloud or uses a degree lower cloud software. In such a scenario selection of the software by the company, B is not helping them in competing with the A because here it is going to use the same software as used by A.

Also, a company should not choose out of date IT or technology environment where every other company is upgraded to the newest one.