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Technology is a product of science and engineering studying the natural world. It is the process by which humans transform nature to meet their wants and needs. It deals with the usage and knowledge of tools and crafts and how it affects the ability to control and adapt to the environment.

It comes from the Latin word “technologia”-“techne”(craft) and “logia” (saying). In spite of this elusive definition, “technology can refer to material objects of use of humanity, such as utensils, machines, or hardware but it can also encompass broader themes, including techniques, systems, or organizations. The term can either be applied generally or specifically such as “medical technology”,”space technology”, “construction technology”, or “state-of-the-art technology”.

The trends in technology mirror a market that is in brisk and vague evolution. Contemporary technology trends are always changing and new developments are constantly improving the components of computer. Basic components of computer are: hardware, software and peopleware. Software refers to the set of instructions or programs, example includes: operating system, utilities, compilers or interpreters, and any other software packages. Hardware is the physical equipment of the computer. Hardware of personal computer for example are: monitor, keyboard, system unit formerly known as CPU, mouse, printers, webcam and any other peripheral devices of a PC. Peopleware represents the personnel involved in the systems analysis, operations, maintenance and the likes. Invention in this fields is unstoppable.

Software and Hardware vendors are facing momentous changes to their business model. With new products and an ad blitz, it aims to climb out of the commodity bin. Example of large software companies are: Microsoft, Oracle, First Data, SAP, Accenture, Google, Yahoo, Computer Sciences Corporation, Electronic Data Systems, SoftBank, Symantec, CA, Fiserv, Affiliated Computer Services, Adobe Systems, Capgemini Group, ASML Holding, Electronic Arts, Advantest, Intuit, Autodesk, VeriSign, Check Point Software, DST Systems, The Sage group, Dassault Systemes, CSK, Akamai Tecnologies and many more.

Companies that sell operating system like Windows, Office Applications for making professional documents, financial reports, presentations, IT security (anti-virus, internet protection, and the likes) and other programs spring turning a marketing blunder into a witty field that could change your work and even your life.

Electronic payment services are wooing more and more consumers and merchants, and becoming the silence stars of e-commerce. Companies doing business online to spend the money to create more. Their business growth cycle and are committed to helping them succeed.

Printer, scanner, speaker, headphones, modems, faxes, copiers, and other peripheral devices of personal computer comes in different designs, colors, sizes, and impressive features that would help consumers keep better tabs of their growing collection of documents, photos, music, and videos.

Cable television companies are rapidly growing changes millions of televisions worldwide.

Computer gaming gradually drawing attention to people of all ages nowadays. It is one of the fastest growing segments which make it a multi-billion pound industry. It has a unique form of entertainment that the world has never seen before.

Now that most business operations and knowledge works are conducted in the digital domain via computers, and because we now have a global data communications network which does not restrict the type of data shared, technology is changing yet again. And it will continuously grows as long as the world needs it.

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