What is Technology And Innovation

Technology and innovation are two connected concepts that play a key part in transforming the modern world. Technology refers to the application of scientific understanding and instruments to develop, enhance, or modify systems, procedures, products, or services to fulfill human requirements and solve practical issues. It encompasses a wide range of physical and intangible components, including machinery, devices, software, strategies, and acquaintance. On the contrary, innovation is the process of offering visionary concepts, methods, goods, or services that result in significant improvements, improved efficiency, or totally new possibilities.