information technology

American  

noun

1. the development, implementation, and maintenance of computer hardware and software systems to organize and communicate information electronically. IT

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information technology British  

noun

1.  IT.  the technology of the production, storage, and communication of information using computers and microelectronics

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information technology Scientific  

1. The technology involved with the transmission and storage of information, especially the development, installation, implementation, and management of computer systems within companies, universities, and other organizations.

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Example Sentences

Venture capitalists are purchasing businesses in traditional sectors like healthcare, legal, and information technology and remaking them with artificial intelligence tools to lower costs.

From The Wall Street Journal

Since the end of October, the weighted forward P/E for the information technology sector has declined to 26 from 31.8.

From MarketWatch

Since the end of October, the weighted forward P/E for the information technology sector has declined to 26 from 31.8.

From MarketWatch

Northwestern routinely has to appeal roughly 5-10% of the millions of claims it processes every year, said David Blahnik, vice president of information technology there.

From The Wall Street Journal

The S&P 500’s information technology sector rallied 2% on Friday, its best performance since Nov. 24, according to FactSet data.

From MarketWatch

Related Words

• data processing