By definition, technology is the collection of various methods, skills, and processes applied in the development of new products or services or in the achievement of previously attained objectives, including scientific research. Some sectors that are most reliant on technology are automobiles, computer technology, medical devices, and the military. The invention of new software, hardware, and communication technologies continues to create numerous jobs throughout many parts of the world. Many jobs that were not readily available in previous generations have been made available by this very technology.
In order for a particular business to become tech-enabled, there are several things that must first be achieved. These include having the necessary training and experience, developing and implementing a strategic business plan, choosing a technology that will serve its market needs, and developing a manufacturing facility to manufacture and support the product or service. Tech-enabled businesses are thriving in every part of the world, from high-tech manufacturers in China to independent consultants in America. All of these companies require specialized knowledge and skill sets in order to produce and support their products and services. If a company has these things, it can become tech-enabled.
There are many examples of tech-enabled businesses. One of these would be Apple Computer, which was known for its revolutionary products such as the Apple iPod and iPhone. Another example is Google, which is known for its search engine, Gmail, and other internet services. Another well-known tech company is Microsoft, which is known for its operating system, Windows, as well as many gaming platforms.
It should be noted that not all tech companies are innovators. A number of them are simply providing solutions to end-users who need technology in order to make their work more convenient. This is often done through the employment of telecommuting workers who bring their work home with them instead of having to travel to a new workplace. Some tech companies have also produced a niche product, such as a digital camera or other electronic device. In these cases, the business is innovating in a market in which it has not previously explored.
The third term technology sector refers to those tech companies that focus on specific technologies. These include computer and hardware companies, software firms, digital networks companies, e-commerce enterprises, medical device companies, consumer electronic manufacturers, wireless providers, and others. Examples of this type of company include Apple, Hewlett Packard, Microsoft, Cisco, IBM, Dell, Sun Microsystems, among others. Another type of technology sector is the information technology sector, which includes web browsers, software programs, e-mails, databases, computer systems, networking, servers, audio/video devices, mobile phone, cable TV, and others. On a national level, the Internet technology sector includes search engines, online shopping stores, e-commerce websites, content delivery networks, online game development, audio and video transmission, and others.
It should be noted that although many of the technology companies listed above fall into more than one category, there are some outliers who do not. For example, Apple is a technology firm, but it also sells hardware, computer accessories, and its own brand of iPod headphones. Furthermore, Sun Microsystems is a software company, but also produces and designs software for hardware companies, cellular phone manufacturers, internet service providers, and others. While there is overlap between some tech sectors, the nature of innovation in the field changes frequently and rapidly. Therefore, the terminology we use to describe the field often has to be updated periodically to keep up with the pace of change.