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Companies in the information technology field are often discussed as a group as the "tech sector" or the "tech industry." [ 51 ] [ 52 ] [ 53 ] These titles can be misleading at times and should not be mistaken for "tech companies;" which are generally large scale, for-profit corporations that sell consumer technology and software.
Technology is the application of conceptual knowledge to achieve practical goals, especially in a reproducible way. [1] The word technology can also mean the products resulting from such efforts, [2] [3] including both tangible tools such as utensils or machines, and intangible ones such as software.
The industry also includes software services, such as training, documentation, consulting and data recovery. The software and computer services industry spends more than 11% of its net sales for Research & Development which is in comparison with other industries the second highest share after pharmaceuticals & biotechnology. [1]
Information and communications technology (ICT) is an extensional term for information technology (IT) that stresses the role of unified communications [1] and the integration of telecommunications (telephone lines and wireless signals) and computers, as well as necessary enterprise software, middleware, storage and audiovisual, that enable users to access, store, transmit, understand and ...
The information industry or information industries are industries that are information intensive in one way or the other. It is considered one of the most important economic branches for a variety of reasons. There are many different kinds of information industries, and many different ways to classify them.
The following outline is provided as an overview of and topical guide to industry: Industry, ... Technology. Software industry; Telecommunications.
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