Time-To-Market 2018 is fast approaching. Workshop participants will learn to identify Technology Readiness Level (TRL) research and development (R&D) needs, market and supply chain challenges, and define the Minimum Viable Product (MVP).
The workshop discussions will provide participants with practical tools and methodology to assess emerging technologies and estimate time-to-market with a certain level of confidence.
Definition Of Technology Readiness Levels
TRL 1. Basic principles observed and reported: Transition from scientific research to applied research. Essential characteristics and behaviors of systems and architectures. Descriptive tools are mathematical formulations or algorithms.
TRL 2. Technology concept and/or application formulated: Applied research. Theory and scientific principles are focused on specific application area to define the concept. Characteristics of the application are described. Analytical tools are developed for simulation or analysis of the application.
TRL 3. Analytical and experimental critical function and/or characteristic proof-of-concept: Proof of concept validation. Active Research and Development (R&D) is initiated with analytical and laboratory studies. Demonstration of technical feasibility using breadboard or brassboard implementations that are exercised with representative data.
TRL 4. Component/subsystem validation in laboratory environment: Standalone prototyping implementation and test. Integration of technology elements. Experiments with full-scale problems or data sets.
TRL 5. System/subsystem/component validation in relevant environment: Thorough testing of prototyping in representative environment. Basic technology elements integrated with reasonably realistic supporting elements. Prototyping implementations conform to target environment and interfaces.
TRL 6. System/subsystem model or prototyping demonstration in a relevant end-to-end environment: Prototyping implementations on full-scale realistic problems. Partially integrated with existing systems. Limited documentation available. Engineering feasibility fully demonstrated in the actual system application.
TRL 7. System prototyping demonstration in an operational environment: System prototyping demonstration in operational environment. The system is at or near scale of the operational system, with most functions available for demonstration and test. Well integrated with collateral and ancillary systems. Limited documentation available.
TRL 8. Actual system completed and “mission qualified” through test and demonstration in an operational environment: End of system development. Fully integrated with operational hardware and software systems. Most user documentation, training documentation, and maintenance documentation completed. All functionality tested in simulated and operational scenarios. Verification and Validation (V&V) completed.
TRL 9. Actual system “mission proven” through successful mission operations: Fully integrated with operational hardware/software systems. Actual system has been thoroughly demonstrated and tested in its operational environment. All documentation completed. Successful operational experience. Sustaining engineering support in place.
Uses of Technology Readiness Levels
The primary purpose of using technology readiness levels (TRLs) is to help management in making decisions concerning the development and transitioning of technology. It should be viewed as one of several tools that are needed to manage the progress of research and development activity within an organization.
Among the advantages of TRLs:
- Provide a common understanding of technology status
- Risk management
- Used to make decisions concerning technology funding, and
- Used to make decisions concerning transition of technology.
Some of the characteristics of TRLs that limit their utility:
- Readiness does not necessarily fit with appropriateness or technology maturity.
- A mature product may possess a greater or lesser degree of readiness for use in a particular system context than one of lower maturity.
- Numerous factors must be considered, including the relevance of the products’ operational environment to the system at hand, as well as the product&-system architectural mismatch.
After attending this workshop, you’ll have the key information needed to implement the tools and processes to prioritize costs and strategies for more mature and prospective technology projects.
- European Venture Capital Investment on Pace to Exceed €19 billion By the End of 2018, Largest Amount on Record
- Global IT Spending to Grow 3.2 Percent in 2019
- Seven Digital Disruptions CIOs May Not See Coming
- LightPointe, a Manufacturer of Point to Point Radios, Introduces the World’s Highest Capacity 60 GHz Radio, Ten Times Higher than Competitors
- Lucidchart Closes $72 Million Funding Round
- XMLencryption.com, domain name for sale
- Huawei Unveils HUAWEI Mate 20 Series
- Holiday Tech Spending to Reach a Record $96.1 Billion in Revenue
- Top Predictions for IT Organizations and Users in 2019 and Beyond
- Arm Neoverse: The Modern Cloud to Edge Infrastructure Foundation for a World of a Trillion Intelligent Devices