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define technology in business

Business technology (BT) is the ever-increasing reliance on information technology by businesses of all types to handle and optimize their business processes. In preparing to enter today’s fast-paced, ever changing, and exciting business environment, every business owner has to understand the new thinking of business operation. Business technology is comprised of a wide range of hardware components and software applications which keep a business running to ensure efficiency and smooth operation of daily business activities. Simply put, business technology is any form of tech that is integrated directly into the operation of a business. Having a TV in your waiting room likely wouldn't be considered business technology, but a streaming TV channel that your company … If any one person can be credited with coining business technology , it would be George Colony, CEO at Cambridge, Mass.-based consultancy Forrester Research Inc., who has advocated since 2007 that the enterprise department … Business technology refers to applications of science, data, engineering, and information for business purposes, such as the achievement of economic and organizational goals.

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