Emerging Trends in Technology
An artificial food manufacturer desires to develop, produce, and sell products created using this week’s technologies. The company would like to initially produce items for the food service and restaurant industries and then expand into the home market and vending machine market. Management has asked you or your team to perform a feasibility study that analyzes the potential of the technology. Use the initial additional readings and templates for this week as a guide in producing the study.
Write a feasibility study including a SWOT analysis for this Week’s Technologies Paper (Student to create their own title for the paper). The paper should free from spelling errors, grammatically correct, third person, and written in a professional tone. The paper should be 1000 words minimum. Make sure pick one technologies like Apple watch, new software, etc…
Executive Summary or Table of Contents (Choose One)
(Enter table of contents or a brief executive summary here)
Introduction
(Present an introduction to your subject matter, this week’s topic is wearable technology. You may pick your item you wish to discuss as long as it pertains to wearable technology)
Purpose
(Outline the reasoning for this paper. For example, if your employer values physical health, you could present ideas on how Fitbit technology could assist employees to reach their fitness goals resulting in a healthier and happier employee).
Scope
(Identify the scope. Give a concise goal statement of what will be accomplished. What are the major benefits of this project?)
History
(Give a brief history of this technology. Example: Describe how a typical watch that only tracks time evolved into Fitbit technology).
Current Systems and Processes
(Describe the current systems and processes)
Environment
(Outline the environment of this technology. For instance, a Fitbit can communicate with your smartphone and then transmit data to a server for tracking your overall activity and progress).
Issues
(Address issues that could be presented with this technology such as security, social acceptance, glitches and so on)
Assumptions and Constraints
(Identify project assumptions – these are items we believe to be true but may not be true. Assumptions add risk to a project since we cannot confirm them. For instance, an assumption would be where an employer implements Fitbit technology and assumes all employees will wear the device and use it. There is no way to confirm 100% participation rates).
Identify Project Constraints – Constraints are identified by business limitations. For instance, budgeting how much money the project may need. If the project cost $40,000, but the budget only allows for $30,000 – that is a business constraint).
Objectives
(Identify Objective – these are measurable objectives that describe the requirements to accomplish a project or task)
Alternatives / Comparison of Alternatives
(Address some alternatives to your presented technology and compare them to your chosen technology)
SWOT Analysis
|
Strengths |
Define Strengths |
|
Weakness |
Define Weakness |
|
Opportunities |
Define Opportunities |
|
Threats |
Define Threats |
Conclusion
(Provide a brief summary of your paper and your recommendations on whether or not this technology would benefit an employer).
References:
(List at least two reference for this paper)
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