1. A technology roadmap is a plan that charts the evolution of technologies and products over time. It helps align technology and business goals and ensures resources are dedicated to achieving company objectives.
2. The roadmap defines conditions, scopes, boundaries, and gets input from various organizational functions. It provides leadership, vision, and sustains competitiveness.
3. Developing a roadmap involves setting goals, identifying focus technologies, specifying key areas, assigning resources, and building the map with milestones over time. It requires regular updates to adapt to changing business needs and industry conditions.