Develop a Balanced Technology Portfolio 6-8
Part 6 of my 8-part series on "Choosing the Right Technology Stack for Your Business Needs."
Like an investment portfolio, your tech stack should balance different priorities:
🔹 Foundation Technologies (50-60%):
Proven, stable technologies for core business functions
🔹 Growth Technologies (30-40%):
Established but evolving technologies with strong growth potential
🔹 Emerging Technologies (5-10%):
Experimental technologies with the potential to create a competitive advantage
To manage this portfolio effectively:
Regularly review portfolio distribution
Gradually mature emerging technologies to growth status
Retire foundation technologies as they become obsolete
Maintain a healthy pipeline of evaluation candidates
This balanced approach helps you maintain stability while still innovating and preparing for the future.
What's your current technology portfolio distribution?
This is part 6 of my 8-part series on "Choosing the Right Technology Stack for Your Business Needs." Previously, we explored architecture patterns that match different business needs.
Next up: "Future-Proofing Your Technology Choices" - we'll discuss strategies to ensure your choices stand the test of time.
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“Daniel Amundson(Your Global Consultant) is a strategic technology consultant focused on helping senior executives improve team effectiveness, system efficiency, and ROI.
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