tech innovation
New technological development
Tech innovation refers to the creation and implementation of new technologies or novel applications of existing ones that significantly change how people work, communicate, or live.
The term appears constantly in business journalism, startup culture, and corporate communications, sometimes genuinely describing breakthrough developments and sometimes as buzzword padding.
Silicon Valley prides itself on tech innovation.
The company's latest tech innovation streamlined supply chain logistics.
- cloud computingInternet-delivered digital infrastructure
- agile developmentIterative software creation approach
- iterationRepeated procedural pass
- move fastTravel with speed
- neural networksLayered computational learning systems
efficiency gains · prototyping · proof of concept · edtech · machine learning · smart cities · startups · garage startup · fail fast · data modeling · digital twins · market disruption · fintech · cost reduction · autonomous vehicles · patent · quantum computing · open-source software
- tech industrysoftware, computers, semiconductors, hardware, Amazon
- Futurismjetpacks, holograms, robots, androids, cyborgs
- GermanyBerlin, Munich, Hamburg, Germany, German
- Heisei Japanbubble burst, deflation, economic stagnation, Fukushima, Shinzo Abe
- Modern EuropeEU, European Union, euro, eurozone, European Parliament
tech innovationlegacy systems
Outdated but essential technology
obsolete technology · vintage technology · punch cards · rotary phones · tech debt
tech innovationstatus quo
Existing condition of affairs
Luddism · technophobia · tradition · stasis · inertia