We are a society immersed in Technology. The average citizen utilizes a myriad of technologies on a daily basis. We wake to alarm clocks, go to work via technology controlled transportation, and communicate through cell phones and computers. We watch sporting events where a winner is determined by a timer displaying a margin of a thousandth of a second. Physicians diagnose and perform intricate surgeries without leaving a scar. And the list continues…
The development of new technologies to meet the demanding needs of consumers is large. Technology development companies must be vigilant; they need to know what has been, or is currently in planning and production in order to be competitive in today’s ever-changing market.