Technology Evaluation Canvas

Technology Evaluation Canvas

The Technology Evaluation Canvas is a tool that that will help you analyze the perception of value on a technology that is being developed and will let you understand problem validation, problem – solution fit, solution – market fit and differentiate what is being built from what competitors have.

According to Bayt, technology Evaluation, is a set of principles, methods and techniques/tools for effective assessing the potential value of a technology and its contribution to company’s competitiveness and profitability. A thorough evaluation assesses the technology and its device’s value from technical, market and consumer perspectives and reconciles the results within a valid methodology.

The use of the Technology Evaluation Canvas is one of the most significant techniques in innovation function, such as technology transfer and it is best utilized in screening new ideas, assessing innovative or not innovative technologies.

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