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Explain why technology forecasting is critical for organizations in the New Millenium. Title Engineering Management Author C. M. Chang ISBN 978-1-4987-3007-5 Publisher CRC Press LLC Publication Date June 6, 2016

Technology forecasting helps to predict the usefulness of the technology in future. This helps us to determine what sort of technology to use in the present and what changes might occur in future. This helps in preplanning the changes that are to be made to the organisation. In the new millenium technology is changing every minute and some new feature is being added . So it is very important to stay updated and ready to face the changes. Hence technology forecasting is critical for an organisation.
 
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