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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.
Technology shock – sudden changes in technology that significantly affect economic, social, political or other outcomes Technology stack – Set of software subsystems or components needed to create a complete platform Pages displaying short descriptions of redirect targets
Technological convergence is the tendency for technologies that were originally unrelated to become more closely integrated and even unified as they develop and advance. For example, watches, telephones, television, computers, and social media platforms began as separate and mostly unrelated technologies, but have converged in many ways into an interrelated telecommunication, media, and ...
Information technology (IT) is a set of related fields that encompass computer systems, software, programming languages, data and information processing, and storage. [1] IT forms part of information and communications technology (ICT). [2]
This definition reflects the fact that quantum mechanical effects are important at this scale, and so the definition shifted from a particular technological goal to a research category inclusive of all types of research and technologies that deal with the special properties of matter that occur below the given size threshold.
"Technology innovation" gives a sense of working on technology for the sake of technology. "Technological innovation" better reflects the business consideration of improving business value by working on technological aspects of the product or services. These advancements would show improvement for the business's that adapt to this new technology.
Most new technologies follow a similar technology maturity life cycle describing the technological maturity of a product. This is not similar to a product life cycle, but applies to an entire technology, or a generation of a technology. Technology adoption is the most common phenomenon driving the evolution of industries along the industry life ...
Examples of machines that exhibit this characteristic are digital watches, automatic telephone switches, pacemakers, and computer programs. Each of these three stages outline the introduction and development of the fundamental types of technology, and all three continue to be widely used today.