Technology leads socio-economic development. Every organization uses technology in order to achieve its goals, while its dependence on technology is related to the nature of its activities.

Technology audit it seeks and evaluates the technological base of an organization in terms of its strengths or the weaknesses, its opportunities or threats, taking also into consideration the mechanisms or the means to the "exploitation" of the first or to the confrontation of the second. It also helps the SME's to generate income from their available technology and to improve the productivity of their critical technological factors, which finally leads to increase business competitiveness.

The Technology audit supports an SME to verify whether some productive and development goals are attained through the investments that it has already made or intends to make, or if this is something real or feasible.