What Is Technology?
Technology is the study of tools and processes that make it possible for people to do things faster, better or cheaper. It includes everything from the processes used in assembly line production to creating medical vaccines to social or political aspects such as language, money and banking.
Technological advancements have led to significant changes in society, including the ability to control fire and the invention of the wheel. More recent developments, such as the printing press and the telephone, have lowered barriers to communication and helped humans interact on a global scale.
Definition of Technology
For most of us, technology is a catch-all word that encompasses all sorts of gadgets – big TVs, mobile phones, computers, cars and drones, to name but a few. In the enterprise world, however, the term is still quite narrow and often focuses on what is known as Information Technology (IT), which comprises computers, networks, servers, software and storage.
Technology has played a large role in the development of our society, and in many ways has been responsible for our growth as a nation and a world. It also plays a huge role in our economy and how we live our lives.
A good example of this is the tidal wave of automation that has recently started to transform the way that businesses do their jobs. It’s causing an increasing amount of job displacement and the need for more employees than ever before to be able to handle the demands of our digitally-driven society.