TECHNOLOGY FUSION
Technology fusion involves a transformation of core technologies through a combination process facilitated by technological advances
This results in profitable advances that can be made cheaply by combining knowledge from different fields,
There are two possible definitions. Either a company can invest in R&D that replaces an older generation of technology—the “breakthrough” approach—or it can focus on combining existing technologies into hybrid technologies—the “technology fusion” approach.
Technology fusion, on the other hand, is nonlinear, complementary, and cooperative. It blends incremental technical improvements from several previously separate fields of technology to create products that revolutionize markets. For example, marrying optics and electronics created optoelectronics, which gave birth to fiber-optics communications systems
Three basic principles essential to technology fusion:
First, the market drives the R&D agenda, not the other way around.
Second, companies need intelligence-gathering capabilities to keep tabs on technology developments both inside and outside the industry.
Third, technology fusion grows out of long-term R&D ties with a variety of companies across many different industries. Investment in research consortia, joint ventures, and partnerships goes beyond tokenism.
Improved security
Enhanced performance
Access from anywhere
Real-time backups
Entirely cloud based
Any number of devices
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