This paper highlights technology roadmapping issues for advanced industries, in particular with regard to disruptive technologies. It examines the currently available range of technology watch techniques and considers the potential offered by the emerging Semantic Web. This paper introduces the technology watch research work of the University of Nottingham's Responsive Manufacturing Group and describes a database-supported process that has been applied in the UK's aerospace industry. It also describes an ontology-based technology watch system that has been applied in prototype form at a major aerospace manufacturer. A method has been developed to evaluate the level of potential threat that an emerging technology represents and to attach a value to a technology watch project that alleviates that threat level. This paper concludes that an effective technology watch function can significantly mitigate the risks that high technology companies face.
The technology planning activity that leads to an effective R&D portfolio must involve decisions that are taken under a considerable degree of uncertainty. In this paper, we describe an integrated technology planning approach with the focus on the use of technology roadmapping concept in a systematic process, using dedicated and customized software which utilizes integer linear programming (ILP) tools, to aid decision-makers in selecting the optimum portfolio of R&D projects in the manufacturing processes of large, high-technology companies. The optimum portfolio is based on the projects' contribution toward company's business and market requirements employing Strategic Technology Alignment Roadmapping (STAR) process, which is being developed at the University of Nottingham. The STAR methodology and the software tool have been tested in industrial scenarios using real data from two high-tech companies.