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

"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

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

However, according to Jones, as with any new technology cost fall rapidly once the technology is proven – and that point has now been reached.

The Guardian

Mr. Ohrstrom's barn, which combines old-fashioned post-and-beam construction with more modern balloon-frame technology, cost a bargain price of $2,000.

The New York Times

Ecclestone disliked the change because the new technology cost money to develop, which meant that the teams would inevitably start demanding a larger slice of the pie.

The Guardian - Sport

But the V2G vision is not likely to be realized soon because engineers are wrestling with battery technology, cost and weight.

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, or maintenance.

Common error

Avoid using "technology cost" as a blanket term. Instead, break down the costs into categories like "hardware costs", "software licensing", and "training expenses" for clarity.

Linguistic Context

The phrase "technology cost" primarily functions as a noun phrase, identifying the expenses related to technology. As Ludwig shows, it is often used to discuss budgeting, financial planning, and cost-effectiveness in various sectors.

Expression frequency: Very common

Frequent in

Science

39%

News & Media

37%

Formal & Business

24%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "technology cost" is a common and grammatically sound noun phrase used to describe the financial expenses associated with technology. As Ludwig AI indicates, the phrase is correct and applicable in numerous writing scenarios. Its usage spans diverse contexts, including science, news, and business, with a neutral register. When using the phrase, be specific about the type of costs involved for clarity, and consider alternatives like "price of technology" or "expenses for technology" for nuanced expression.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

price of technology

Replaces "cost" with "price", emphasizing the monetary value of technology.

technology related costs

Broadens the scope to include any cost related to technology.

expenses for technology

Uses "expenses" instead of "cost", broadening the scope to include various types of expenditures related to technology.

technological expenses

Uses the adjective form of technology, focusing on the expenses.

expenditure on technology

Substitutes "cost" with "expenditure", providing a more formal tone.

investment in technology

Frames the cost as an "investment", highlighting the potential return or benefit from the expenditure.

cost of technological implementation

Specifies the cost related to implementing technology.

financial outlay for technology

Replaces "cost" with "financial outlay", stressing the monetary resources allocated to technology.

price tag for technology

Uses the idiom "price tag" instead of "cost", implying a direct association with a specific item.

technology budget

Focuses on the allocated budget for technology-related expenses.

FAQs

How can I use "technology cost" in a sentence?

You can use "technology cost" to describe expenses related to technology, such as "The "technology cost" for implementing the new software was higher than expected" or "Reducing the "technology cost" is a key goal for the IT department".

What are some alternatives to "technology cost"?

Alternatives include "price of technology", "expenses for technology", or "investment in technology", depending on the specific context.

What's the difference between "technology cost" and "technology price"?

"Technology cost" generally refers to the total expenses associated with technology, including development, implementation, and maintenance. "Technology price", on the other hand, usually refers to the specific amount one pays to acquire a technology product or service. Often the first is intended as the overall expense, and the latter only as the upfront payment.

What factors influence "technology cost"?

Factors that influence "technology cost" include the complexity of the technology, the availability of skilled labor, the cost of materials, and the level of customization required. Also, market demand and competitive pressures can impact the final price.