Strategic Technology Management Systems (STMS) efficiently manage critical issues of a business,
which may include controlling its products or service process technologies. ... Such tools are
generally employed to explore a business's development using structured methods to gather,
explore, organise, and communicate data
Since technology is such a vital force, the field of technology management has emerged to address
the particular ways in which companies should approach the use of technology in business strategies
and operations. Technology is inherently difficult to manage because it is constantly changing, often
in ways that cannot be predicted. Technology management is the set of policies and practices that
leverage technologies to build, maintain, and enhance the competitive advantage of the firm on the
basis of proprietary knowledge and know-how.
Digital Transformation for Industrial Leadership. Towards 'Intelligent' Roadmaps
The convergence of digital technologies, such as analytics, IoT, AI and cloud computing, is providing
numerous substantial opportunities for businesses to be more lean, agile and innovative. It is also
enabling new business models, and is reshaping industries boundaries, which comes as a challenge
to corporate leaders, and presents potential risks to corporations. Research shows that digital
transformation is at the top of most corporate CEOs’ agendas. This shift in industry landscapes is
caused by the acquisition of new capabilities that transforms the value creation potential and
extends the reach of an enterprise. Therefore, this research is developing a planning framework for
digital transformation by adapting well established strategic planning frameworks. Moreover, as the
potential of digital transformation is heading towards the unknown, the use of AI for strategic
planning is investigated to support the pioneered concept of 'Intelligent' Roadmaps. Intelligent
roadmaps are being developed to apply web mining to generate potentially novel strategic
alternatives.