Technological investments of many companies become idle or useless in a relatively short time. Besides, an investment made before preparing the organization for it usually does not produce desired outcomes. In addition to the financial aspects of their costs, ill-timed or unplanned investments have negative effects on the organization and production processes. These effects also create risks of slowing down or blocking the growth of the company.
Technology management concept defines how to overcome the above obstacles.

The U.S. National Research Council in Washington, D.C., defined management of technology (MOT) as linking "engineering, science, and management disciplines to plan, develop, and implement technological capabilities to shape and accomplish the strategic and operational objectives of an organization" (National Research Council, 1987). While technology management techniques are themselves important to firm competitiveness, they are most effective when they complement the overall strategic posture adopted by the firm. The strategic management of technology tries to create competitive by incorporating technological opportunities into the corporate strategy.

Innoteem's Technology Management Consultancy services, including IT consultancy issues, can be summarized as:

• Deciding how efficient the current technological infrastructure can be used
  
• Specifying the technologies needed
  
• Preparing technological roadmaps
  
• Planning the technological investments to be made while growing
  
• Defining product / process oriented technology transfer or technology acquisition mechanisms
  
• Creating functioning links between management and technical specialization
  

during the process of determining short, mid or long-term goals and strategies.