The TechCast Value Proposition Organizations need technology forecasts for their strategic planning because technology drives the creative destruction of markets, introduces disruptive products and services, and alters the way people work. Managers usually try to develop their own technology forecasts or use outside sources, but the time and cost are considerable and the results mediocre. TechCast offers convenient, authoritative technology forecasts more quickly at great savings. Our clients tell us “There is nothing else like it.” See FAQ
Background This technology forecasting system has been developed by Professor William E. Halal and his associates at George Washington University. Our technology forecasts have been published in scientific journals, widely reported in the media, and used by clients around the globe. Earlier versions were conducted by mail, but TechCast has been online since 1998, although realier it was called “The GW Forecast.” The website now approaches 1million hits/year, and we have assisted Corning, AOL, the U.S. Government, World Bank, Asian Development Bank, Litton, Parsons, and other organizations. See Clients/Praise
Research Method Our researchers scan the literature and media, interview authorities, and draw on other sources to identify trends and other background data on each emerging technology. This data is summarized to guide the estimates of technology officers, research scientists and engineers, scholars, and other experts. See Experts Results are aggregated to forecast the most likely year each breakthrough will occur, the potential economic demand, and confidence level. We find this method to be very powerful. It can forecast any issue, results are replicable within +/- 3 years, and the process enhances understanding. See Methodology
Navigating the Site Although TechCast offers complex information on 70 technologies, the site is designed for clarity and ease of use. The heart of the system – our technology forecasts - can be accessed by two paths: 1) Through the Forecasts page, which provides tabular data sorted by field, year, etc. and 2) Through the bubble charts which graphically identify promising technologies. Other functions are organized in a normal manner.
