High technology (high tech), also known as advanced technology (advanced tech) or exotechnology, [1] [ failed verification ] is technology that is at the cutting edge: the highest form of technology available. [2] It can be defined as either the most complex or the newest technology on the market. [3] The opposite of high tech is low technology , referring to simple, often traditional or mechanical technology; for example, a slide rule is a low-tech calculating device. [4] [5] [6] When high tech becomes old, it becomes low tech, for example vacuum tube electronics. Further, high tech is related to the concept of mid-tech, that is a balance between the two opposite extreme qualities of low-tech and high-tech. Mid-tech could be understood as an inclusive middle that combines the efficiency and versatility of digital/automated technology with low-tech's potential for autonomy and resilience. [7]
Startups working on high technologies (or developing new high technologies) are sometimes referred to as deep tech; the term may also refer to disruptive innovations or those based on scientific discoveries. [8]
High-tech, as opposed to high-touch, may refer to self-service experiences that do not require human interaction. [9]
The phrase was used in a 1958 The New York Times story advocating "atomic energy" for Europe: "... Western Europe, with its dense population and its high technology ...." [10] Robert Metz used the term in a financial column in 1969, saying Arthur H. Collins of Collins Radio "controls a score of high technology patents in a variety of fields" [11] and in a 1971 article used the abbreviated form, "high tech". [12]
A widely used classification of high-technological manufacturing industries was provided by the OECD in 2006. [13] It is based on the intensity of research and development activities used in these industries within OECD countries, resulting in four distinct categories. [14]
The following is a list of the 15 largest exporting countries of high tech products by value in thousands of United States dollars, according to the World Bank: [15]
# | Country | Value | Year |
---|---|---|---|
1 | China | 942,314,815.52 | 2021 |
2 | Hong Kong | 431,628,771.88 | 2021 |
3 | Germany | 209,744,317.15 | 2021 |
4 | United States | 169,217,253.98 | 2021 |
5 | South Korea | 163,987,147.75 | 2020 |
6 | Singapore | 159,927,958.42 | 2020 |
7 | Japan | 116,513,861.43 | 2021 |
8 | Malaysia | 108,683,179.4 | 2021 |
9 | Vietnam | 101,534,392.93 | 2020 |
10 | Netherlands | 101,168,437.61 | 2021 |
11 | France | 97,528,027.44 | 2021 |
12 | Mexico | 74,932,493.34 | 2021 |
13 | United Kingdom | 66,699,915.64 | 2021 |
14 | Belgium | 52,227,761.21 | 2021 |
15 | Thailand | 45,837,990.48 | 2020 |
An electronic calculator is typically a portable electronic device used to perform calculations, ranging from basic arithmetic to complex mathematics.
The economy of Israel is a highly developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability with a full nuclear triad, modern infrastructure rivaling many Western countries, and a high-technology sector competitively on par with Silicon Valley. It has the second-largest number of startup companies in the world after the United States, and the third-largest number of NASDAQ-listed companies after the U.S. and China. American companies, such as Intel, Microsoft, and Apple, built their first overseas research and development facilities in Israel. More than 400 high-tech multi-national corporations, such as IBM, Google, Hewlett-Packard, Cisco Systems, Facebook and Motorola have opened R&D centers throughout the country.
Texas Instruments Incorporated (TI) is an American information technology company headquartered in Dallas, Texas that designs and manufactures semiconductors and various integrated circuits. It is one of the top 10 semiconductor companies worldwide based on sales volume. The company's focus is on developing analog chips and embedded processors, which account for more than 80% of its revenue. TI also produces TI digital light processing technology and education technology products including calculators, microcontrollers, and multi-core processors. The company holds 45,000 patents worldwide as of 2016.
The Intel 4004 is a 4-bit central processing unit (CPU) released by Intel Corporation in 1971. Sold for US$60, it was the first commercially produced microprocessor, and the first in a long line of Intel CPUs.
The Consumer Technology Association (CTA) is a standard and trade organization representing 1,376 consumer technology companies in the United States. CTA is led by president and CEO Gary J. Shapiro.
Federico Faggin is an Italian physicist, engineer, inventor and entrepreneur. He is best known for designing the first commercial microprocessor, the Intel 4004. He led the 4004 (MCS-4) project and the design group during the first five years of Intel's microprocessor effort. Faggin also created, while working at Fairchild Semiconductor in 1968, the self-aligned MOS (metal-oxide-semiconductor) silicon-gate technology (SGT), which made possible MOS semiconductor memory chips, CCD image sensors, and the microprocessor. After the 4004, he led development of the Intel 8008 and 8080, using his SGT methodology for random logic chip design, which was essential to the creation of early Intel microprocessors. He was co-founder and CEO of Zilog, the first company solely dedicated to microprocessors, and led the development of the Zilog Z80 and Z8 processors. He was later the co-founder and CEO of Cygnet Technologies, and then Synaptics.
Science and technology in Israel is one of the country's most developed sectors. Israel spent 4.3% of its gross domestic product (GDP) on civil research and development in 2015, the highest ratio in the world. In 2019, Israel was ranked the world's fifth most innovative country by the Bloomberg Innovation Index. It ranks thirteenth in the world for scientific output as measured by the number of scientific publications per million citizens. In 2014, Israel's share of scientific articles published worldwide (0.9%) was nine times higher than its share of the global population (0.1%).
Bangalore or Bengaluru, the capital city of South Indian state of Karnataka, India, is the largest industrial and commercial center of South India. The economy of Bengaluru contributes over 43.65% to the economy of the State of Karnataka, accounting for 98% of the Software Exports of the State.
A business cluster is a geographic concentration of interconnected businesses, suppliers, and associated institutions in a particular field. Clusters are considered to increase the productivity with which companies can compete, nationally and globally. Accounting is a part of the business cluster. In urban studies, the term agglomeration is used. Clusters are also important aspects of strategic management.
Silicon Wadi is a region in Israel that serves as one of the global centres for advanced technology. It spans the Israeli coastal plain, and is cited as among the reasons why the country has become known as the world's "start-up nation". The highest concentrations of high-tech industry in the region can be found around Tel Aviv, including small clusters around the cities of Raʽanana, Petah Tikva, Herzliya, Netanya, Rehovot, and Ness Ziona. Additional clusters of high-tech industry can be found in Haifa and Caesarea. More recent high-tech establishments have been raised in cities such as Jerusalem and Beersheba, in towns such as Yokneam Illit, and in Airport City.
The information technology (I.T.) industry in India comprises information technology services and business process outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. The IT and BPM industries' revenue is estimated at US$ 245 billion in FY 2023. The domestic revenue of the IT industry is estimated at $51 billion, and export revenue is estimated at $194 billion in FY 2023. The IT–BPM sector overall employs 5.4 million people as of March 2023. In December 2022, Union Minister of State for Electronics and IT Rajeev Chandrasekhar, in a written reply to a question in Rajya Sabha informed that IT units registered with state-run Software Technology Parks of India (STPI) and Special Economic Zones have exported software worth Rs 11.59 lakh crore in 2021–22.
Research and development intensity is generally defined as expenditures by a firm on its research and development (R&D) divided by the firm's sales. There are two types of R&D intensity: direct and indirect. R&D intensity varies, in general, according to a firm's industry sector, product knowledge, manufacturing, and technology, and is a metric that can be used to gauge the level of a company's investment to spur innovation in and through basic and applied research. A further aim of R&D spending, ultimately, is to increase productivity as well as an organization's salable output.
China has seen double-digit growth in its biotechnology industry and has gone from being one of the slowest to one of the fastest nations in the adoption of new biotechnologies. The biotech sector is seen in China and internationally as a core area of national scientific and economic development. The main national biotech body in the country is the China National Center for Biotechnology Development. The CNCBD is an organization established on November 3, 1983, under the Ministry of Science and Technology with the approval of the State Council. CNCBD is the sole national center to coordinate and implement the national S&T program in Biotechnology and Health.
Dice.com is a career website based in New York City with primary sales and development operations in Urbandale, Iowa and Denver. It serves information technology and engineering professionals, as well as contract and permanent engineering staffing firms. Dice.com is owned by DHI Group, Inc. . Dice.com typically has approximately 80,000 tech job listings. The website claims to have 3 million registered technology professionals and approximately 2.4 million unique visitors each month. Of those registered users, 75% have a bachelor's degree or higher and 65% have 10 or more years of experience in their field.
Venture capital in Israel refers to the financial capital provided to early-stage, high-potential, high risk, growth startup companies based in Israel. The country's venture capital industry was born in the mid-1980s and has rapidly developed since. Israel currently has more than 276 active venture capital funds, of which 71 are international VCs with Israeli offices. Israel's venture capital and incubator industry plays an important role in the booming high-tech sector that has been given the nickname "Silicon Wadi", considered second in importance only to its Californian counterpart, the Silicon Valley.
The defense industry of Israel is a strategically important sector and a large employer, as well as a major supplier of the Israel Defense Forces. The country is one of the world's major exporters of military equipment, accounting for 10% of the world total in 2007. Three Israeli companies were listed on the 2022 Stockholm International Peace Research Institute index of the world's top 100 arms-producing and military service companies: Elbit Systems, Israel Aerospace Industries and RAFAEL. It is also a major player in the global arms market with a 2.3% share of the global exports of major arms as of 2023. Total arms transfer agreements topped $12.9 billion between 2004 and 2011. There are over 150 active defense companies based in the country with combined revenues of more than $3.5 billion annually. Israeli defense equipment exports reached $7 billion in 2012, making it a 20 percent increase from the amount of defense-related exports in 2011. With the war in Ukraine, arms exports reached $12.5 billion in 2022. Much of the exports are sold to the United States and Europe. Other major regions that purchase Israeli defense equipment include Southeast Asia and Latin America. India is also major country for Israeli arms exports and has remained Israel's largest arms market in the world.
Science and technology in Kazakhstan – government policies to develop science, technology and innovation in Kazakhstan.
The Ministry of SMEs and Startups is a ministry of the Republic of Korea, established in July 2017 by the Moon Jae-in government. It succeeds the former Small and Medium Business Administration. The headquarters are located in Sejong City, Sejong. As of February 2021, Lee Young, a member of the National Assembly and People Power Party, has been appointed as the South Korean Minister of SMEs and Startups.
Deep technology or hard tech is a classification of organization, or more typically startup company, with the expressed objective of providing technology solutions based on substantial scientific or engineering challenges. They present challenges requiring lengthy research and development, and large capital investment before successful commercialization. Their primary risk is technical risk, while market risk is often significantly lower due to the clear potential value of the solution to society. The underlying scientific or engineering problems being solved by deep tech and hard tech companies generate valuable intellectual property and are hard to reproduce.