Technology is a broad concept that can refer to a range of tools, machines, and processes. It can be used to solve real-world problems and has had a profound impact on society. It is also a term that is often used to describe gadgets and hi-tech devices, like smartphones, laptops, TVs and HiFis.
However, despite its broad definition, many people don’t know what the word technology actually means. Some equate it with gadgets or a hazy notion of all the things that make modern life different from the past, while others think of specific technologies they use in their daily lives, like smartphones, internet, HiFis, and robotic lawn cutters.
The history of the concept of technology is complicated and influenced by many factors, including cultural and social attitudes towards science and engineering as well as how scientific results are translated into practical applications. Inventors and researchers often work in step-by-step stages to refine their ideas and bring them to market, which is why it can take so long for an apparently promising new technology to reach the public.
A wide range of industries use technology to improve their products, services, and operations. Examples include industrial and manufacturing technology, which focuses on making machinery and complex tools faster, simpler, and more efficient, and the Internet of Things (IoT) and Virtual Reality (VR). Other industries that use emerging technologies are medical, education, media and entertainment, and gaming. Many of these new technologies are also becoming increasingly automated, which is enabling companies to achieve higher productivity and cost savings.