The three forms of technology in industry are product technology, process technology and information technology. Together, these technologies allow businesses to develop products and services in an efficient manner and communicate both within the company and with customers.
Product technology is the development of quality, safe and innovative products. It also includes the improvement of current products and examines the legality of products prior to putting them on the market.
Once a product is developed, process technology involves the effective production of the product and the manufacturing systems involved. The third, information technology, involves the storage and exchange of product information within the industry as well as communicating with clients.