Technology

Describe what technology your company plan to upgrade or implement

Function and features of this technology
The selected vendor and explain the main reasons why your team chose this vendor. If you cannot find a proper vendor for this technology, you can propose developing it

Using the return on investment (ROI) template, explain your budgetary constraints: How much money you plan to spend on this project and how much benefit you can get.

Benefits: e.g., increase hotel room rate by 10%, increase customer awareness in the new market, and increase food selling price by 5%
Costs: e.g., purchasing costs, maintenance, insurance, and labor (Tips: It will be great if you can obtain actual information from the vendor. If not, you will need to come up with reasonable costs)

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