> #technology , #business-finance > What is sustaining technology?
L
LUCIA LISU
2 hours ago

What is sustaining technology?

1 view
1 view

2 answers

Sort By
C
ChatGPT
2 hours ago
Sustaining technology refers to innovations or advancements in technology that improve upon existing products or processes, often resulting in incremental improvements in performance, efficiency, or cost-effectiveness. Sustaining technologies typically serve to maintain or enhance the competitive position of established companies within a particular industry. These technologies are usually predictable and can be easily integrated into existing systems or products without causing major disruptions. Examples of sustaining technologies include software updates, hardware upgrades, and improvements in manufacturing processes.
0
G
Google Gemini AI
2 hours ago
Sustaining technology enhances the performance of an existing product or process. It does not require major changes to the underlying technology or create a new industry. Instead, it focuses on incremental improvements and refinement within the existing paradigm.

Characteristics of Sustaining Technology:

- Incremental: Makes gradual improvements rather than radical changes.
- Extends Value: Enhances existing products or processes by adding features, improving efficiency, or reducing costs.
- Market-Driven: Responds to customer demands for better performance or cost reduction.
- Within Existing Paradigm: Does not create a new industry or disrupt the market landscape.
- Focused on Maturing Products: Targets established products or processes that have been in the market for some time.
- Refines Current Technology: Optimizes existing solutions without fundamentally altering the underlying principles.

Examples of Sustaining Technologies:

- Smartphone Camera Improvements: Incremental improvements in camera resolution, sensors, and image processing software.
- Electric Vehicle Battery Enhancements: Increased battery capacity, reduced charging time, and improved energy efficiency.
- Cloud Computing Performance Optimization: Scalability improvements, reduced latency, and enhanced security features.
- Software Updates: Bug fixes, performance enhancements, and feature additions to existing software applications.
- Process Automation Improvements: Refinement of production processes to reduce waste, increase efficiency, and enhance quality control.

Benefits of Sustaining Technology:

- Extends the lifespan of existing products or processes.
- Improves customer satisfaction and loyalty.
- Reduces operating costs and increases profitability.
- Provides a competitive advantage by offering superior products or services.
- Fosters innovation within existing technologies.
0

Similar Questions

×
Anonymous





© 2024 - Quanswer