Technology cost

USAGE SUMMARY

The phrase "Technology cost" is correct and usable in written English.
It can be used when discussing the expenses associated with technology, such as purchasing, maintaining, or upgrading technological systems or devices. Example: "The technology cost for implementing the new software system was higher than we initially anticipated."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

58 human-written examples

These networking activities have become possible with funding of COST, the European Cooperation in Science and Technology, (COST Action BM1208).

Clinical Epigenetics

How much did the technology cost?

The New York Times

Electricity Investments under Technology Cost Uncertainty and Stochastic Technological Learning.

Massachusetts Institute of Technology

"At some point, the improvements in technology cost more than people are able to justify".

The New York Times

Audio-video receivers with Audyssey's latest MultEQ technology cost $1,000 to $2,000.

The New York Times - Science

Making the technology cost effective will be another challenge for Cogenra.

MIT Technology Review

Despite better and cheaper production technology, cost remains a major barrier between advocacy groups and corporate-style campaigns.

The New York Times

The firms will examine the technology, cost, and environmental impact and benefits of constructing a tunnel, Mr. O'Brien said.

The New York Times

BERLIN — Does LTE, the superfast wireless service based on Long Term Evolution technology, cost too much in the United States?

The New York Times - Tech

Human-verified similar examples from authoritative sources

Similar Expressions

2 human-written examples

The automaker is testing whether productivity gains among workers who wear the strength-boosting suits make the technology cost-effective.

MIT Technology Review

They cling to the belief that the natural commodity hedge and technology cost-savings of keeping the two businesses stitched together is the better option.

The New York Times

Expert writing Tips

Best practice

When discussing "technology cost", be specific about what aspects of technology are contributing to the cost, such as development, implementation, maintenance, or upgrades. This specificity provides clarity and context to your writing.

Common error

Avoid using "technology cost" as a blanket term without specifying the area or component involved. Instead of saying "The technology cost is too high", specify which technology or process you are referring to, such as "The software licensing cost is too high" or "The hardware maintenance cost is prohibitive".

Linguistic Context

The phrase "technology cost" primarily functions as a noun phrase. It acts as a subject, object, or complement in a sentence, referring to the financial expenditure related to technology. As Ludwig AI indicates, this phrase is correct and usable in written English. Examples show its use across diverse contexts.

Expression frequency: Very common

Frequent in

Science

32%

News & Media

48%

Formal & Business

20%

Less common in

Ludwig's WRAP-UP

In summary, the phrase "technology cost" is a grammatically sound and frequently used noun phrase, indicating the financial expenses associated with technology. Ludwig AI confirms its correct usage. It is most commonly found in News & Media and Science, with a neutral to professional register. When using this phrase, clarity is key; specify which aspects of technology contribute to the cost. Alternatives include "cost of technology" and "technological expenses". Overall, understanding and accurately describing "technology cost" is crucial for effective communication in various professional and academic contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

cost of technology

Reverses the order of the words, maintaining the same meaning.

technological expenses

Replaces "cost" with a synonym, "expenses", focusing on the financial aspect.

price of technology

Substitutes "cost" with "price", emphasizing the monetary value.

technology expenditure

Uses "expenditure" instead of "cost", highlighting the spending aspect.

investment in technology

Focuses on the "investment" aspect rather than simply the cost.

technological outlay

Replaces "cost" with "outlay", stressing the initial investment.

budget for technology

Highlights the budgetary allocation for technological resources.

expenses related to technology

Elaborates on the phrase by specifying "related to technology".

financial burden of technology

Emphasizes the "burden" or financial strain associated with technology.

economic impact of technology

Broadens the scope to include the overall "economic impact".

FAQs

What are some alternative ways to say "technology cost"?

You can use alternatives like "cost of technology", "technological expenses", or "price of technology" depending on the specific context.

How does "technology cost" relate to business decisions?

Understanding the "technology cost" is crucial for making informed business decisions. It affects budgeting, investment strategies, and overall profitability. Properly assessing these costs can lead to more efficient resource allocation and better return on investment.

In what contexts is the phrase "technology cost" commonly used?

The phrase "technology cost" is frequently used in discussions about business, science, news, and media. It's relevant when analyzing the financial aspects of implementing, maintaining, or upgrading technological systems and devices across various sectors.

Is there a difference between "technology cost" and "innovation cost"?

"Technology cost" generally refers to the expenses associated with current technology, while "innovation cost" encompasses the expenses related to developing new technologies. The former focuses on existing solutions, and the latter on future advancements.