The natural evolution for technology is that it becomes obsolete or not as effective overtime compared to its initial introduction. Cradle to grave...

The natural evolution for technology is that it becomes obsolete or not as effective overtime compared to its initial introduction. Cradle to grave is a typical lifecycle for any given application. The useful life of a particular application will vary based on advancements in a given discipline. It is critical to continuously seek and identify new ways to adapt technology. Describe in detail the process to evaluate alternative or replacement applications for existing technologies and explain at what point in the lifecycle should this process be initiated.