What is technology? And why is it so important for us in everyday life? - Corporate Blog der voestalpine (2024)

What is technology? And why is it so important for us in everyday life? - Corporate Blog der voestalpine (1)

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We use technologies to exchange information, to clean our clothes, to prepare our meals and to get from one place to another. But even everyday items like door locks, floor panels and furniture are technologies that we now take for granted and that seem less impressive to us than self-driving cars or 3D printing. But what exactly do we consider to be technologies and what types of technology are there?

What does the word technology mean?

What do we now understand technology to mean? When we hear the term, we often think about innovations in the field of communications. Or we imagine visions of the future that are reminiscent of science fiction movies. With regard to everyday life, we automatically think about items that are powered by electricity and that, as a rule, tend to be complex. But technology doesn’t automatically have to be complicated. Simply put, we are always using technology when we use scientific knowledge to achieve a specific purpose, whether in industry or in our daily lives. From the discovery of the wheel to computers and from mp3 players to the latest technologies like self-driving cars, countless technological innovations have shaped daily life and will continue to influence it in the future.

What types of technology are there?

  • Basic technologies, as the name implies, are the basis of our industry. They have not only been tested in theory and in the laboratory but have also been put to use for years. Basic technologies include combustion engines, for example, as well as transistors and the power grid. Basic technologies are of utmost importance for industry and the economy. Ideally, a new technology will at some point establish itself as a basic technology.
  • Key technologies are the key to further development in a particular technology sector. Key technologies are a focus of scientific research. They are studied enough to yield a practical application, but not to the point that all potential applications can be fully realized. Examples of key technologies include bioinformatics, image recognition and robotics, as well as solar power and hybrid technologies.
  • Pacemaking technologies are technologies that are not yet ready for use but are more than just visions for the future. They already have a practical application and can be developed further into key technologies. Pacemaking technologies are often tied to very high-risk investments. Examples of pace-making technologies include neuroinformatics, gene technology and nanotechnology.
  • Emerging technologies that are still in the research stage are called future technologies.

Key, pacemaking and future technologies are all called new technologies. They are essential to the continued development of society and to the competitiveness of businesses.

voestalpine Group: Focus on technology

We are a leading global steel and technology Group in our business segments with a combination of material and processing expertise, and headquartered in Linz. Our company is divided into four divisions, each with a product portfolio that makes them a leading provider in Europe or worldwide. As an environmentally friendly international Group, and an important ecological pioneer, we are committed to the global climate goals. We are working intensively to develop technologies for decarbonization, and to reduce CO2 emissions over the long term.

Content written by Anne Kammerzelt, she works and lives as free project manager and journalist in Berlin.

What is technology? And why is it so important for us in everyday life? - Corporate Blog der voestalpine (2)

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What is technology? And why is it so important for us in everyday life? - Corporate Blog der voestalpine (2024)

FAQs

What is technology and why is it so important for us in everyday life? ›

We use technologies to exchange information, to clean our clothes, to prepare our meals and to get from one place to another. But even everyday items like door locks, floor panels and furniture are technologies that we now take for granted and that seem less impressive to us than self-driving cars or 3D printing.

How does technology affect our daily lives? ›

In this capacity, it provides us with unparalleled convenience, efficiency, and connectivity, empowering us to perform tasks more easily, communicate across vast distances, and access a wealth of information at our fingertips. The benefits are manifold, making our lives more comfortable, productive, and enjoyable.

What are the benefits of using technology in our everyday lives around the world and in science? ›

Increased productivity and efficiency

Modern technology boosts productivity as well as the efficiency of human activities, as it allows us to perform tasks in less time. Meanwhile, thanks to the huge amount of information available, better decisions can be made, and human error reduced.

Why is technology important in today's business Why is technology important in your chosen field of endeavor? ›

Efficiency

Technology helps increase the efficiency of systems, products and services. It helps track and streamline processes, maintain data flow and manage contacts and employee records. In fact, this increased efficiency in operation helps reduce costs as well as enable the business to grow rapidly.

How has technology changed our life? ›

Access to energy, electricity, sanitation, and clean water have transformed the lives of billions. Transport, telephones, and the internet have allowed us to collaborate on problems at a global level. Emerging technologies are often expensive and therefore initially limited to the richest in society.

What are 5 examples of science and technology in everyday life? ›

All phenomena are the result of science and technology, whether smartphones, fans, tyres, automobiles, fabric, paper, toothbrushes, power, microwave, automobiles, radio, television, laptop computers, etc. Numerous scientific and technological contributions have assisted us in saving time and money.

How does technology make life easier? ›

From communication and transport to healthcare and connectivity, technology has enhanced our lives for the better. The best part is that it is ever-evolving by facilitating more advanced features. For instance, we have come far from traditional audio calls to instant messaging and facetime.

How does technology bring us together? ›

Another way that technology is bringing us closer together is by providing access to information and resources. The internet has become a vast library of knowledge, where we can learn about different cultures, discover new perspectives, and gain a better understanding of the world around us.

How does technology impact society? ›

The positive impacts experienced are extended lifespans, increased productivity, better access to information, and time-saving. The negative impacts include low communication between people, less personal time, and the spread of misinformation. Technology also has positive and negative environmental effects.

What is technology and its benefits? ›

Technology is the term used to describe the application of scientific knowledge in practical situations. It increases the utility of products and services and contributes to value creation. It benefits us in several ways and makes any task easier. Technology affects everyone's life in some way.

Do people really need technology in their lives? ›

Yes, technology plays an important role in our daily lives and has improved medicine, but it also has drawbacks that need to be examined. Yes, technology is necessary in the lives of people with disabilities as it helps them accomplish goals and reach unexpected heights.

How does technology help us learn? ›

Students can collaborate on group projects using technology-based tools such as wikis and Google docs. The walls of the classrooms are no longer a barrier as technology enables new ways of learning, communicating, and working collaboratively. Technology has also begun to change the roles of teachers and learners.

What is the purpose of technology? ›

The purpose of technology is to meet a human need or solve a human problem. Technology can help meet many types of human needs, like needs of shelter, food, clothing, and communication. Technology does not originate from the natural world and includes methods or activities that people use to alter their environments.

What is information technology and why is it important? ›

Information technology is building communications networks for a company, safeguarding data and information, creating and administering databases, helping employees troubleshoot problems with their computers or mobile devices, or doing a range of other work to ensure the efficiency and security of business information ...

What is the simple definition of technology? ›

The definition of technology is the application of scientific knowledge for practical purposes or applications. Technology uses scientific principles, and applies them to change the environment in which humans live. Technology can also use scientific principles to advance industry or other human constructions.

How does technology control our lives? ›

The phenomenon of the “attention economy” has given birth to a world where our focus is fragmented, our attention spans are shorter, and our priorities are often skewed. In this sense, technology appears to be controlling our lives by determining what captures our attention.

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