74HC245 is basically and 8-bit transceiver. It has 3 output states. The data can be transferred in both directions depending upon the logic level at direction control (DIR). You can enable and disable the device from the output enable (OE) pin. low power consumption, wide voltage range, low input current are the major features associated with 74HC-245. 74HC 245 is mostly used in personal computers, servers, wearable health devices, fitness devices, network switches, electronic points of sale etc. 74HC 245 is shown in the figure given below.