Technology Needs Assessment and Software Evaluation

Businesses expand and markets change. Technology improves and offers new capabilities. For maximum business efficiency your technology needs to support the desired business capabilities. It is common for enterprises to utilize external resources to keep up with all of the new technology and understand how it might be of benefit. This is where Factory Insite can help with our Business Needs Assessment Process.

For a flow chart click here. The steps in our process are:

1. Identify business strategies and objectives (i.e., where the business would like to be) by interviewing top management.
2. Identify the current environment, including systems and technologies utilized, problems, opportunities, limitations, etc.
3. Identify available systems and technologies.
4. Utilizing the outputs above, perform a Gap Analysis between the current and desired states which identifies necessary initiatives (to achieve the desired state).
5. Organize and sequence the initiatives into a strategic plan.
6. Requirements for new software or hardware are created, and vendors are qualified and requested to propose.
7. Vendors compete and eventually one is selected. A contract is negotiated, and an operational plan is established.

Note: there is a tangible deliverable from each step of the process.