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Assignment2: EEE452 Summer 2019 Name: Safwan Hossain ID: 1610027042 Section: 08

The document discusses the technology life cycle (TLC) and how it describes the costs and profits of a technology from development through maturity to decline. It provides examples of technologies like MP3 players, cameras, and external hard drives that have been replaced by newer technologies like smartphones. The emergence of wireless communication technology has led to a decline in landline telephone usage as cell phone subscriptions have increased dramatically over the last few decades, showing how technologies can become obsolete over time.

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47 views2 pages

Assignment2: EEE452 Summer 2019 Name: Safwan Hossain ID: 1610027042 Section: 08

The document discusses the technology life cycle (TLC) and how it describes the costs and profits of a technology from development through maturity to decline. It provides examples of technologies like MP3 players, cameras, and external hard drives that have been replaced by newer technologies like smartphones. The emergence of wireless communication technology has led to a decline in landline telephone usage as cell phone subscriptions have increased dramatically over the last few decades, showing how technologies can become obsolete over time.

Uploaded by

Safwan Hossain Bokaul 1610027642
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Assignment2: Name: Safwan ID: 1610027042 Section: 08

EEE452 Summer Hossain


2019

Discover Tech Life Cycle of an Obsolete Technology

The technology life cycle (TLC) describes the costs and profits of a product from
technological development phase to market maturity to eventual decline. So basically it
describes the commercial gain of a product through the expense of research and
development phase, and the financial return during its "vital life”. Some technologies
such as paper manufacturing which have a long lifespan but on the other hand
electronic products their lifespan may be quite short. Varying product lifespan mean that
businesses must understand and accurately project returns on their R&D investments
based on potential product longevity in the market. Due to rapidly increasing rates of
innovation, products such as electronics in particular are vulnerable to shorter life
cycles. Thus Technology life cycle is focusing primarily on the time and cost of
development as it relates to the projected profits.

There are lots of products which have already lost their grips from the market. Such as
MP3 players, Telephones, Rental DVDs, Personal computers, Digital cameras, External
hard drives, Etc. If we talk about the MP3 players the smart phones took the place of
that now we are listening music with our phones. Telephones and digital cameras are
also replaced by smart phones or mobile phones. We are using our phones to make
calls and for taking pictures. External hard drives are no longer in use only because
nowadays the memory space of our laptop or phone is much higher that we don’t need
any external hard drives that much.

The invention of the telephone was in 1876 and is most often credited to Alexander
Graham Bell. In 1877, the first long-distance telephone line was established, spanning a
distance of 58 miles across Nevada County, California. Throughout the 20th century,
telephone accessibility and usage increased dramatically. Just over 90 years after the
first long-distance telephone line was established; telephones service reached 100
million consumers worldwide. The development of wireless telecommunication
technologies took the place of telephones. In recent years, cell phones have
revolutionized the way people communicate and stay in touch. It took less than 17 years
for wireless cell phones to reach 100 million consumers. On the other hand, it took over
90 years for landline telephones to reach the same number.

Statistics reveal that telephone usage has begun to decrease with the growth of
wireless technology. In 1995, wireless cell phone subscriptions totaled 33.8 million in
the United States. In 2008, subscriptions reached to 270.3 million, increasing by 699
percent over the 13 year period. During this time, 26.6 percent of American homes
deserted their telephone entirely. Nearly 16 percent of Americans now receive all or
almost all of their calls on wireless devices. From 2005 to 2010, landline-only homes
dropped from 34.4 percent to 12.9 percent. These statistics reveal that, with the
emergence of wireless telecommunication technology, telephones may become
obsolete in upcoming decades. So what actually happened here at the time of the curve
in the side of business touched an individual point of the TLC curve it started going
down rapidly. The final phase is when the utility and potential value to be captured in
producing and selling the product begins dipping. This decline eventually reaches the
point of a zero-sum game, where margins are no longer procured.

Bibliography
BELHUMEUR, K. (2010). Telephone Facts .

Justor. (2014). Technology Life Cycle .

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