Technology is defined in business terms by following:
- How much time it reduces with reference to old traditional practice for the production / specific functional delivery?
- What is the duration that current technology shall sustain in the Market place for getting best turn over?
- Which are the major cost components to continue with current technology?
- What are the Service aspects for the post delivery of the product or offerings and cost of the same to my company?
If all above parameters are in line with the Business strategy, then current technology is the best
Technology. But now the world is changing and moving towards the Technological up gradations / removal
of old devices and shall get replaced by New Ones.
The same is applicable for the process / service industries offerings and sustainability timelines.
COMPAXED is offering following Technological Consulting:
- Assessment of the technology applicability in the demand side.
- Change over cost for the upgradation versus capital deployment for entire new set up.
- Contract management for the Business Development and freezing the terms with commercial, risk and legal aspects for high value transactions.
- Operation and Maintenance Agreements in case of the capital goods.
- Parts and Consumables management by way of stocking and appointing agencies for taking care of the Operations and Maintenance.
- Market Research for the Competitive offerings and scope of Business expansion by conducting the SWOT analysis.
- R&D assessment and operational analysis.