technology
noun
uk/tekˈnɒlədʒi/ usplural technologies [ C or U ]
the use of scientific knowledge or processes in business, industry, manufacturing, etc.:
The fast pace of technology presents enormous implications for sustainable business development.
All our products are backed up by cutting-edge technology.
computer/wireless/audio technology
stem-cell/gene technology
a technology company/firm/industry
the technology sector/market/boom
technology stocks/shares
new/advanced/existing technologies Basic economic relations are changing as new technologies and markets emerge.
developments/advances/changes in technology Changes in technology drive changes in business models.
create/develop/upgrade technologies Cleaner technologies are being developed to cut pollution from coal-burning power plants.
[ C ]
new machinery and equipment that has been developed using scientific knowledge or processes:
Roll-out of the new technology has been dogged by technical problems and secrecy.
use/trial/test technologies Companies always trial their technologies before putting them on the market.
Fuel-cell technologies are being used to generate power for telecom and industrial customers.
See also
disruptive technology
high technology
information technology
intermediate technology
niche technology