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Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of electronic data and information. This sector contains businesses revolving around the manufacturing of electronics, creation of software, computers, or products and services relating to information technology. The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several products or services within an economy are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, telecom equipment, and e-commerce.

The technology sector offers a wide range of products and services for both customers and other businesses. Consumer goods like personal computers, mobile devices, wearable technology, home appliances, televisions, and so on are continually being improved and sold to consumers with new features. On the business side, companies are dependent on innovations coming out of the technology sector to create their enterprise software, manage their logistics systems, protect their databases, and generally provide the critical information and services that allow companies to make strategic business decisions. 

The technology sector now includes such a diverse set of companies that the subsectors are far more useful than the overall one. Unsurprisingly, there is no universal agreement—some pundits want a whole new sector for each innovation—but the big buckets include semiconductors, software, networking and Internet, and hardware. Modern businesses rely heavily on technology for their day-to-day operations, so the expenses delegated to cover technology that facilitates business in a more efficient manner are usually seen as “just the cost of doing business.""

Cybersecurity is a big topic under the computer security category as this basically deals with protecting technology from unwanted cyber criminals or trolls. It is a very important aspect to businesses and organizations and is critical to the overall health and well-being of the organization's structure. As technology is getting more sophisticated by the day, the rate of cyber attacks and security breaches are also increasing, meaning that maintaining proper cybersecurity awareness in the work force is very important.