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| Thought Paper |
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De-Risking Emerging Technology Adoption |
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| Abstract |
A decade ago, or for that matter even five years ago, early adoption of emerging technologies was a lever that organizations used for competitive advantage. However, in the increasingly competitive global economy, the pressure to realize the benefits of emerging technology investments is resulting into shorter "prove cycles" and investment in cutting edge technologies is now a business decision.
With IT budgets flattening and business heads demanding proven ROI before committing investments for full-scale adoption, it is critical for CIO/CTOs to ensure that the technology adopted delivers the desired business objectives. For riding the crests and troughs of technology hype cycles successfully, organizations need a process-backed framework for strategic technology adoption that delivers business value while de-risking investments in emerging technologies. This article explores the challenges of adopting emerging technologies, and discusses how Patni's SmartVISION® - Technology Adoption Solution can help organizations de-risk technology adoption.
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