Its not surprising to know that technology has a life cycle.
Pretty much as soon as you go and buy something new, whether its a phone, tv or car, its guaranteed that there is already something new being thought of and created.
It can be very expensive trying to keep up to date with all the latest technology that comes out.
So it is very important that organizations examine the life cycle, of any new technology, to help them predict how it will progress. These findings can help them decide if they need to take advantage of the new, emerging technology and also whether the technology may be nearing the end of its life cycle.
If an organization makes a small mistake it could cost the big time. But on ther other hand if they read the life cylce correctly the organization would be ahead of its competition.
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