WHAT IS TECHNOLOGY AND WHY TECHNOLOGY,HOW IT'S EVOLVING in NOW-A-DAYS.

 What is Technology?

Technology is a body of knowledge devoted to creating tools, processing actions and the extracting of materials. The term ‘Technology” is wide, and everyone has their way of understanding its meaning. We use technology to accomplish various tasks in our daily lives, in brief; we can describe technology as products and processes used to simplify our daily lives. We use technology to extend our abilities, making people the most crucial part of any technological system.

Many businesses are using technology to stay competitive, they create new products and services using technology, and they also use technology to deliver those products and services to their customers on time and within budget. A good example is mobile phones companies like Apple & Samsung.

Technology is dynamic; it keeps on improving because our needs and demands for technology keep on changing.  We have moved from the industrial age (industrial revolution) to an information age. During the industrial age, companies with large sums of capital had the potential of employing expensive technological tools to gain the competitive advantage; small businesses had less potential because they could not afford expensive manufacturing or processing technology tools. However, advancement in technology has created a new economic environment which depends on information, and that is what we call the ‘’INFORMATION AGE’’. The information age provides a different work environment, and this has helped small businesses gain position in highly competitive markets.

Why Technology for Now-a-days?

Technology brings skills, knowledge, process, technique, and tools together for solving problems of human beings, making their life secure and easier. Why technology is important today is because technology is driving the world and making the world better. As in 21 st century, we are bound with technology in day-to-day activity. Due to this, Businesses & Industries are spreading globally. Even though, they are getting in operation efficiently with ease. The education and communication systems are becoming more advanced. Softwares like Byjus, Vedantu, Zoom, Skype, Microsoft Teams, and Google Meet are changing styles of study and communication. There are so many reasons showing the importance of technology in human life.

We all are aware of why technology is important for human beings in their life. In ancient times, nothing is like a machine. For every type of work, human beings require to get physically involved. Like a burning fire, cooking food, transportation, farming, etc. After a few decades, human beings started the use of animals for various works like farming, transportation, etc.

Inventions of the wheel are the start of the new era of technology. Human starts using new machines which can reduce time to do work. With time so many machines were getting in action. Human beings getting to know the importance of technology.

HOW TECHNOLOGY IS EVOLVING:-

• Since the dotcom bubble burst back in 2000, technology has radically transformed our societies and our daily lives.
• From smartphones to social media and healthcare, here's a brief history of the 21st century's technological revolution.

Just over 20 years ago, the dotcom bubble burst, causing the stocks of many tech firms to tumble. Some companies, like Amazon, quickly recovered their value – but many others were left in ruins. In the two decades since this crash, technology has advanced in many ways.

At the same time, technology was also becoming more personal and portable. Apple sold its first iPod in 2001, and six years later it introduced the iPhone, which ushered in a new era of personal technology. These changes led to a world in which technology touches nearly everything we do