Technology Platform Matrix

The Technology Platform Matrix is a 2x2 matrix used to evaluate the suitability of a technology platform for a given business purpose. It is used to assess the cost, complexity, and risk associated with a platform.

At a very high level, the Technology Platform Matrix is used in the context of business, technology.

Technology Platform Matrix quadrant descriptions, including examples
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What is the Technology Platform Matrix?

A visual explanation is shown in the image above. The Technology Platform Matrix can be described as a matrix with the following quadrants:

  1. Low Cost, Low Complexity, Low Risk: Examples include WordPress, Shopify, and Wix.
  2. High Cost, High Complexity, Low Risk: Examples include custom web applications, enterprise software, and mobile applications.
  3. Low Cost, Low Complexity, High Risk: Examples include Drupal, Magento, and Joomla.
  4. High Cost, High Complexity, High Risk: Examples include custom web applications, enterprise software, and mobile applications.

What is the purpose of the Technology Platform Matrix?

The Technology Platform Matrix is a 2x2 matrix used to evaluate the suitability of a technology platform for a given business purpose. It is used to assess the cost, complexity, and risk associated with a platform. The matrix has four quadrants, each representing a different combination of cost, complexity, and risk.

The top left quadrant is for platforms that are low cost and low complexity, with low risk. These are typically off-the-shelf solutions that are easy to implement and use. Examples include WordPress, Shopify, and Wix.

The top right quadrant is for platforms that are high cost and high complexity, with low risk. These are typically custom-built solutions that require a significant investment of time and money. Examples include custom web applications, enterprise software, and mobile applications.

The bottom left quadrant is for platforms that are low cost and low complexity, with high risk. These are typically open source solutions that are free to use, but may not be well-supported or secure. Examples include Drupal, Magento, and Joomla.

The bottom right quadrant is for platforms that are high cost and high complexity, with high risk. These are typically bespoke solutions that are built from scratch and require a significant investment of time and money. Examples include custom web applications, enterprise software, and mobile applications.


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What templates are related to Technology Platform Matrix?

The following templates can also be categorized as business, technology and are therefore related to Technology Platform 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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