You have been asked to architect and design a solution for a

You have been asked to architect and design a solution for a system that \"manages\" all the technologies your company has in its environment. The system will also be used to manage new/potential technologies that are introduced by different groups. Following are the rules of how the technology life-cycle is managed.
- When a technology is first introduced, only research and proof of concept activities are allowed. The technology can not be introduced in the production environment during this time.
- Based on the out of the proof-of-concept, the technology can be rejected, classify as a standard for the enterprise (anyone can use the technology to build their solution) or classify as an exception (limited deployment in the production environment for a specific purpose).
- After further review, an exception can be made a standard or retire the technology from the environment altogether or put in containment (no further investment in this technology or new solution using the technology).
- Over time as the technology ages, standard technologies can be put in containment or retired from the environment.

Create a state diagram (UML compliant) showing all different life-cycle states and their transition paths.

Justify your answer and document any assumptions you made

Solution

as soon as a product is created and introduced within the marketplace, the offering must be managed efficaciously for the customer to acquire cost from it. only if this is performed will the product’s producer obtain its earnings targets and be capable of sustain the supplying in the market. The process includes making many complex decisions, especially if the product is being brought in international markets. earlier than introducing products in worldwide markets, an organization have to evaluate and apprehend factors within the external environment, including legal guidelines and rules, the economic system and stage of monetary improvement, the competitors and substitutes, cultural values, and market wishes. businesses additionally need understanding to successfully launch merchandise in foreign markets. Given many viable constraints in global markets, businesses may first of all introduce a product in restricted regions overseas. other businesses, which include Coca-Cola, determine to compete in markets international. [3]

The product life cycle (p.c) includes the degrees the product goes via after development, from advent to the end of the product. simply as youngsters go through distinctive stages in life (little one, basic faculty, adolescent, younger grownup, and so on), services and products also age and undergo one-of-a-kind levels. The p.c is a useful device that enables marketers control the levels of a product’s reputation and achievement inside the marketplace, starting with the product’s advent, its increase in market share, maturity, and feasible decline in marketplace proportion. other equipment which include the Boston Consulting organization matrix and the general electric powered approach (see bankruptcy 2 \"Strategic planning\" for dialogue) can also be used to manage and make decisions about what to do with merchandise. as an instance, whilst a market is not growing however the product is doing properly (cash cow inside the BCG method), the corporation may additionally determine to apply the cash from the cash cow to spend money on different merchandise they have in preference to continuing to invest inside the product in a no-boom marketplace (see chapter 2 \"Strategic planning\").

The product lifestyles cycle can range for different products and special product categories. parent 7.8 \"existence Cycle\" illustrates an instance of the product existence cycle, displaying how a product can flow thru 4 degrees. however, now not all products go through all stages and the length of a stage varies. for instance, a few products never enjoy marketplace percentage increase and are withdrawn from the marketplace.