Technology leadership refers to the ability to manage and support a team of technical experts while making decisions related to engineering and software development. It involves overseeing the process of developing technological solutions, combining both technical expertise and managerial skills. Key responsibilities include guiding teams, setting project goals, mentoring team members, and ensuring the efficient implementation of technological solutions. Technology leaders must stay updated with market trends, be aware of technological developments, and bridge the gap between technology and its deployment within an organization.