A technology management tool such as the Foresight Strategy Cockpit helps you to bring strategy and structure to your technology management. By simplifying processes, structures and the dynamic exchange and assessment of data, opportunities and risks of technologies in the pipeline can be effectively evaluated. Good technology management also ensures earlier identification of technologies. This means opportunities, solutions and potentials can be recognised more quickly. Therefore, strategies for new products or even the implementation of entire business models can be deployed more quickly, providing a major competitive advantage. This overview is important to ensure that all those involved in the technology management processes have a realistic overview of which topics or processes are currently relevant. Beyond this, the manner in which a new technology could be used, at what time and at what cost, and what advantages this would have are crucial to understand. This allows for targeted measures to be ordered by the management. Finished reports can be exported directly from the Foresight Strategy Cockpit and improve the understanding of all departments involved. The market success of products, the development of a new technology strategy or even possible risks - all these can be visualised in an appealing and simple way for the company management through the ready-made reports from the FSC.