technology

Technology is a broad concept that deals with a species' usage and knowledge of tools and crafts, and how it affects a species' ability to control and adapt to its environment. In human society, it is a consequence of science and engineering, although several technological advances predate the two concepts. Technology is a term with origins in the Greek "technologia", "τεχνολογία" — "techne", "τέχνη" ("craft") and "logia", "λογία" ("saying"). However, a strict definition is elusive; "technology" can refer to material objects of use to humanity, such as machines, hardware or utensils, but can also encompass broader themes, including systems, methods of organization, and . The term can either be applied generally or to specific areas: examples include "construction technology", "medical technology", or "state-of-the-art technology".
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(n.)
Industrial science; the science of systematic knowledge of the industrial arts, especially of the more important manufactures, as spinning, weaving, metallurgy, etc.
  

<jargon> Marketroid jargon for "software", "hardware", "protocol" or something else too technical to name.
The most flagrant abuse of this word has to be "Windows NT" (New Technology) - Microsoft's attempt to make the incorporation of some ancient concepts into their OS sound like real progress. The irony, and even the meaning, of this seems to be utterly lost on Microsoft whose Windows 2000 start-up screen proclaims "Based on NT Technology", (meaning yet another version of NT, including some Windows 95 features at last).
See also: solution.
(2001-06-28)

the application of science to the needs of humanity. The OECD defines it more narrowly as `the first application of science in a new way ... with commercial sucess'.It's a way to gain competitive advantage.