cost of technology

USAGE SUMMARY

The phrase "cost of technology" is correct and usable in written English.
It can be used when discussing the financial implications or expenses associated with acquiring or implementing technology. Example: "The cost of technology has increased significantly over the past few years, making it essential for businesses to budget accordingly."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

42 human-written examples

The talks also underscore a principal factor behind the mergers, the high cost of technology.

The New York Times

Furthermore, host broadcasters would no longer be encumbered by the cost of technology, and umpiring in Test cricket could once again be held to a uniform, higher standard.

The Guardian - Sport

Free trade either in the form of imported products or offshore outsourcing lowers the cost of technology and services, making them affordable to small businesses.

The New York Times

Even if such a platform can be designed, the big exchanges are finding it harder to stay ahead of the gadflies, thanks to the falling cost of technology.

The Economist

Mr. Peterffy said that the much larger problem had been the rising cost of technology required to stay in a business that is not producing more revenues.

The New York Times

The consolidation, which is forcing consumers to choose from an ever-dwindling number of automotive groups, is driven by three broad trends: strong brands are increasingly important; manufacturers need to enter difficult markets; the cost of technology keeps rising.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

18 human-written examples

When the cost of technologies come down, so should the consumer-funded support".

The Guardian

Issues about assessing probabilities or the cost of technologies were left unexplored in order to cultivate apocalyptic fears.

The New York Times - Arts

Here's what we learned: The falling cost of technologies such as solar PV means renewables have become cost-effective in many parts of the developing world, said Henning Wuester, director of the International Renewable Energy Agency's Knowledge, Policy and Finance Centre.

The Guardian

All data concerning flows and cost of technologies, pipes and transport can be provided in predefined material and operating units input tables of PNS Studio.

Energy, Sustainability and Society

Falling costs of technology and bandwidth mean that many more start-ups are likely to make it to adulthood.

The Economist

Expert writing Tips

Best practice

Consider the long-term implications of the "cost of technology", including potential returns on investment and cost savings through increased efficiency.

Common error

Avoid vague statements about the "cost of technology" without specifying the context. For example, rather than saying 'The cost of technology is too high', specify 'The cost of implementing AI-driven customer service is too high for small businesses'.

Linguistic Context

The phrase "cost of technology" functions primarily as a noun phrase, often acting as the subject or object of a sentence. It refers to the financial implications associated with technology, as supported by Ludwig's examples.

Expression frequency: Very common

Frequent in

News & Media

42%

Science

35%

Formal & Business

23%

Less common in

Reference

0%

Wiki

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "cost of technology" is a common and grammatically correct noun phrase used to discuss the financial implications of technology. Ludwig AI confirms its validity. It appears frequently in news, science, and business contexts. When using the phrase, it's important to be specific about the aspects of technology being discussed to avoid vagueness. Alternatives include "technological expenses" and "price of technological solutions". Consider long-term implications and avoid overgeneralizing the scope of costs.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

technological expenses

Focuses on the expenses directly related to technology without explicitly mentioning "cost".

price of technological solutions

Replaces "technology" with "technological solutions" and "cost" with "price", emphasizing problem-solving aspects.

expenditure on technology

Uses "expenditure" to highlight the act of spending money on technology.

financial burden of technology

Emphasizes the negative impact of technology costs as a "financial burden".

investment in technology

Frames the cost as an "investment", suggesting a potential return.

economic impact of technology

Shifts the focus to the broader "economic impact", including costs and benefits.

outlay for technology

Uses "outlay" as a synonym for cost, suggesting a specific expenditure.

budget for technology

Highlights the allocated "budget" rather than the cost itself.

capital required for technology

Focuses on the "capital" or funds needed for technology adoption.

overhead of technology

Presents cost as "overhead", an indirect or ongoing expense.

FAQs

How to use "cost of technology" in a sentence?

You can use "cost of technology" to discuss financial implications related to acquiring, implementing or maintaining technology. For example: "The rising "cost of technology" is a major concern for small businesses." or "The long-term benefits outweigh the initial "cost of technology".

What can I say instead of "cost of technology"?

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

Is it better to say "cost of technology" or "costs of technology"?

Both are grammatically correct, but "cost of technology" is generally used when referring to the general expense associated with technology. "Costs of technology" can be used to refer to specific, itemized expenses.

What factors influence the "cost of technology"?

Factors influencing the "cost of technology" include research and development, materials, manufacturing, software development, implementation, maintenance, and obsolescence. Market demand, competition, and intellectual property also play a role.