Bleeding Edge Technology - Criteria

Criteria

A technology may be considered bleeding edge where it contains a degree of risk, or, more generally, there is a significant downside to early adoption, such as:

  • Lack of consensus – competing ways of doing new things exist and there is little to no indication in which direction the market will go. By its very nature, consumers and firms will be unfamiliar with the product and its relationship to existing technologies, leading to rapid changes in what is considered best practice as more becomes known about the technology's qualities.
  • Lack of testing – The technology may be unreliable, or simply untested.
  • Industry resistance to change – trade journals and industry leaders have spoken against a new technology or product but some organizations are trying to implement it anyway because they are convinced it is technically superior.

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