U.S. Buoyed by Private Sector Activity, Whereas China’s Strong Capabilities Are Inhibited by Limited Transparency and Lack of Commercialization
Futron has released new analysis that benchmarks space technology among the top 10 leading space powers, which identifies specific technologies where countries optimize their economic and industrial competitiveness, or vice versa, where nations fail to effectively leverage technical capabilities.
Bethesda, MD (PRWEB) December 16, 2010
The release of Futron’s 2010 Space Technology Capacity Index represents an important milestone in integrating technology capability and use into national space competitiveness. According to Ms. Peggy Slye, Futron’s Chief Operating Officer, “Managing technology development at the national level requires insight into technical requirements of space programs, but, also, increasingly, must incorporate the source of technology development as well as how products and services are disseminated in a globalized and commercial space industry.” For example, the Technology Index finds that the U.S. technological leadership is buoyed by the contribution of the industrial sector, which effectively markets, uses, and sells technology assets to government and commercial clients worldwide. Canada represents another country that effectively disseminates its technology.
“Canada overcomes some of the country’s technology limitations by focusing strong policy and governmental support for specific space activities that maximize the country’s space competitiveness. By focusing on robotics and ISS activity, Canadian technology plays a principal role that extends beyond its core capabilities,” states Mr. Jay Gullish, one of Futron’s senior program managers. The assessment, conversely, indicates that China does not effectively leverage its high space technology achievement capability, in part due to the government commercial policy and limited private-sector industrial activity. Ms. Alyssa Mueller, Futron’s lead for Technology Management, indicates, “Assessing the availability and maturity of key technology is critical to a country’s success in the space environment. The Technology Index produces a ranking of not only technology disciplines, but also a country’s ability to fully integrate these areas into national missions and international projects. As part of Futron’s annual Space Competitiveness Index, Futron’s assessment of technology capability provides a benchmark from which policy-makers can manage and utilize national technology assets.”
The Technology Index has been developed as a method to analyze space technology capability levels as an overall element of space competitiveness. It compares the 10 nations included in Futron’s SCI, ranking them on the basis of their demonstrated achievements in space technology relative to each other and then placing those achievements into a context of the underlying or supporting scientific and technological (S&T) environment that relates to overall space competitiveness. By assessing capabilities in the key technology areas, which enable a country to explore and exploit the space environment, the Technology Index produces a ranking of countries on the basis of which, the most competitive national space technology enterprise is demonstrated.
About the Technology Index
Futron’s Space Technology Capacity Index (Technology Index) is a companion to Futron’s 2010 Space Competitiveness Index (SCI), and is provided as part of the larger report. The 100+ page report, in its third year, evaluates nations across 50 individual metrics in order to rank the 10 countries currently leading in space competitiveness. The Space Technology Capacity Index is based upon a set of internationally comparable metrics, both qualitative and quantitative in nature. The metrics are integrated into a quantitative model that allows the identification and assessment of national areas of strength and weakness in both space technology capabilities, and the ability to leverage that technology as an element of space competitiveness. For purchasing information, please visit http://www.futron.com/SCI_2010.xml.
Click here for the Space Technology Capacity Index Executive Summary
Futron Corporation is a leading provider of decision management solutions for aviation, defense, telecommunications, space, and other technology enterprises. The company combines business, technical, and management expertise to create solutions for improved decisions, performance, and results. Futron business and market management, safety and risk management, and program and technology management products and services are recognized and accepted as industry standards, and are influential in government, commercial, and international forums. We are thought leaders responsible for innovations in the field, including methodologies, tools, and solutions. Futron’s skilled and talented professionals collaborate with clients to address diverse and challenging strategic and tactical issues and opportunities. Our innovative decision management solutions are at work within government, commercial, and international aerospace companies routinely producing better decisions and better futures for clients.
Futron has developed a set of Benchmarking and Space Competitiveness Services to provide leaders with robust analytical tools to support and inform strategic planning and decision-making ““ two critical elements required to maintain long-term competitiveness. Futron’s Benchmarking and Space Competitiveness Services supply decision-makers with the quantitative foundation to effectively manage and track government and industrial performance within the space industry. Futron’s fact-based space statistics provide the information required to create business plans, justify business investment, and determine policy. By combining more than 50 industry data sets, Futron can help you benchmark your current market position and track changes over time:
- Establish a current baseline to inform aerospace policy development and strategic business planning
- Identify current strengths and weaknesses as a means to identify opportunities and mitigate threats
- Provide insight into the current value of space activity and define strategies to create national or organizational benefit
- Help set, quantify, and validate targets by linking policy to results
- Identify best practices to highlight the relationships between metrics and success
- Provide a framework of projecting and evaluating strategic alternatives
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