This document discusses using the Business Model Canvas (BMC) tool to incorporate new technology into a business model. It provides an overview of the BMC template and describes four ways it can be used: 1) to map out an existing business model, 2) to test different opportunities, 3) to work strategically by identifying strengths/weaknesses and threats/opportunities, and 4) to evaluate costs and benefits. The document encourages using the BMC to explore how new technology could impact various elements of a business model like value propositions, activities, resources, costs and revenue streams.