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- Technology Performance-Value Matrix
Technology Performance-Value Matrix
The Technology Performance-Value Matrix is a tool used to evaluate the performance and value of a technology. It is a 2x2 matrix that plots performance on the x-axis and value on the y-axis. The four quadrants represent different levels of performance and value.
At a very high level, the Technology Performance-Value Matrix is used in the context of business, technology.
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What is the Technology Performance-Value Matrix?
A visual explanation is shown in the image above. The Technology Performance-Value Matrix can be described as a matrix with the following quadrants:
- High Performance, Low Value: Technologies that have high performance, but are not cost-effective, e.g. high-end gaming computers, luxury cars, and expensive software.
- High Performance, High Value: Technologies that have both high performance and are cost-effective, e.g. mid-range gaming computers, mid-range cars, and software with a free trial.
- Low Performance, Low Value: Technologies that have low performance and are not cost-effective, e.g. low-end gaming computers, used cars, and free software.
- Low Performance, High Value: Technologies that have low performance but are cost-effective, e.g. budget gaming computers, used cars, and software with a low monthly subscription fee.
What is the purpose of the Technology Performance-Value Matrix?
The Technology Performance-Value Matrix is a tool used to evaluate the performance and value of a technology. It is a 2x2 matrix that plots performance on the x-axis and value on the y-axis. The four quadrants represent different levels of performance and value.
The top-left quadrant is “High Performance, Low Value”. This quadrant is for technologies that have high performance, but are not cost-effective. Examples include high-end gaming computers, luxury cars, and expensive software.
The top-right quadrant is “High Performance, High Value”. This quadrant is for technologies that have both high performance and are cost-effective. Examples include mid-range gaming computers, mid-range cars, and software with a free trial.
The bottom-left quadrant is “Low Performance, Low Value”. This quadrant is for technologies that have low performance and are not cost-effective. Examples include low-end gaming computers, used cars, and free software.
The bottom-right quadrant is “Low Performance, High Value”. This quadrant is for technologies that have low performance but are cost-effective. Examples include budget gaming computers, used cars, and software with a low monthly subscription fee.
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What templates are related to Technology Performance-Value Matrix?
The following templates can also be categorized as business, technology and are therefore related to Technology Performance-Value Matrix: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, Quadrant Analysis, Risk Analysis Matrix, Risk Value Matrix. You can browse them using the menu above.
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