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What Role Does Cost-Benefit Analysis Play in Technology Selection Strategies? | #technology Assessment # Technology Selection # IT Strategy # Digital Transformation # Innovation # IT Infrastructure # Technology Evaluation # Decision Making # IT Solutions # Business Technology # Vendor Selection # IT Investment # Technology Trends # IT Governance # Risk Management # IT Planning # Software Evaluation # Hardware Selection # Technology Integration # IT Roadmap

What Role Does Cost-Benefit Analysis Play in Technology Selection Strategies?

What Role Does Cost-Benefit Analysis Play in Technology Selection Strategies?

Technology assessment evaluates the value, feasibility, and risks of new technologies. It aids decision-making by analyzing their potential benefits, costs, and impacts on business processes and goals.