Recent advancements in Information Technology have transformed every facet of human life and revolutionised the world as never before witnessed in known human history.
The world of computers, telecommunication, television, the internet and all other radio and visual media is facing rapid and radical changes presently. This has generated infinite and unimaginable new opportunities in education, communication, commerce, manufacturing, agriculture, health care, leisure and entertainment and more particularly the service sector. 'Information Technology' comprises computers, telecommunications, television, audio-visual media, development of software etc. Computer is the major segment of Information Technology which has permeated and grasped every sphere of existence of human society and become indispensable. The present day elegance, accuracy, sophistication, efficiency could have been made possible only with the invention of computers. Computer software are gradually becoming a decisive force in making important decisions. It has become the basis of modern scientific and technological invention and researches. The use of software has penetrated every walk of life, be it transportation, medicare, telecommunication, defence, industrial processing, entertainment, office utilities, space research, environment prediction and so on, with endless list.
The Information Technology could be classified into two major components i.e.(1) Hardware, (2)Software. Hardware means the physical parts which can be touched and are used to run the software. Software are programme, or say heart and soul of the software.
For the last two decades there has been tremendous ups and down in IT industry. IT has played an important role in making the Indian economy run at a much faster pace. During 2001-2002, when there was world economic slump, yet the IT sector managed to show an impressed growth. Though during this period, IT education segment showed a down turn. This trend has a fallout in the Indian IT educational training business. Though business volume decline a lot, yet an awakening had been created among the youth that IT is a must to go ahead in life. With IT becoming acceptable to all, it became apparent that people needed to know computers to excel in life.
Recent studies conducted by leading IT associations and business intelligence concerns, have shown that our country will require millions of IT professionals upto 2005. A study conducted by NASSCOM also reveals that the demand of IT professionals during 2008 be much more than expected availability. The emerging IT enabled services(ITES) segment, has shown tremendous avenues of jobs for the IT professionals. A study conducted by NASSCOM(2008-2009) shows that the ITES sector will create job opportunities for over 1.5 million people in 2010. It is worth while to note that during the last 20 years, the IT industry's present trend reflects more than 20 time increase in ITES_BP segment. In spite of USA's restrictions on outsourcing from indian market, it is felt that with globalization the opening of economic fronts and markets becoming more competitive, it will be non profitable for the USA companies and business tycoons, if they restrict the outsourcing opportunities available from India. As such more and more job opportunities will be further generated in IT and ITES segment positively.
After the Sep11th incident the IT industry went through some diffculties, though indian IT field did not felt the adverse effects as much as other developed countries, some indian youth went jobless albeit temporarily. The basic lesson that our country learnt in the post Sep11th era is that our software industry has to be made more robust and less fragile if we like to make it the most significant contributor to our economy.
Tremendous market potential that is available in our country in the area of tele-education, tele-medicine, entertainment, e- governance etc needs to be given business, if the IT made to touch everyone of the billion indian people, the IT market would become phenomenally large and it would become absolutely robust.
Presently our IT industry has provided job to approximately 25 lac people and earning 100 billion dollars. Today our IT industry is proud that 300 of the fortune 500 companies are its clients, but with indian software professionals earning for foreign companies, if they are given proper opportunities in our country itself, then the things might change that out of 500 fortune companies, more than 50% may be Indian MNC's.
Information Technology can contribute tremendously in the economic development, particularly the rural areas. It can become a prudent tool in integrating the nation., the remote localities that has so far been feeling a sense of neglect, will be part of development. Cell phone is becoming more and more approachable for a common man, with computer education made compulsory from primary and middle level, we can hope and aspire that within next few years, India will become more integrated and more economically robust.
The world of computers, telecommunication, television, the internet and all other radio and visual media is facing rapid and radical changes presently. This has generated infinite and unimaginable new opportunities in education, communication, commerce, manufacturing, agriculture, health care, leisure and entertainment and more particularly the service sector. 'Information Technology' comprises computers, telecommunications, television, audio-visual media, development of software etc. Computer is the major segment of Information Technology which has permeated and grasped every sphere of existence of human society and become indispensable. The present day elegance, accuracy, sophistication, efficiency could have been made possible only with the invention of computers. Computer software are gradually becoming a decisive force in making important decisions. It has become the basis of modern scientific and technological invention and researches. The use of software has penetrated every walk of life, be it transportation, medicare, telecommunication, defence, industrial processing, entertainment, office utilities, space research, environment prediction and so on, with endless list.
The Information Technology could be classified into two major components i.e.(1) Hardware, (2)Software. Hardware means the physical parts which can be touched and are used to run the software. Software are programme, or say heart and soul of the software.
For the last two decades there has been tremendous ups and down in IT industry. IT has played an important role in making the Indian economy run at a much faster pace. During 2001-2002, when there was world economic slump, yet the IT sector managed to show an impressed growth. Though during this period, IT education segment showed a down turn. This trend has a fallout in the Indian IT educational training business. Though business volume decline a lot, yet an awakening had been created among the youth that IT is a must to go ahead in life. With IT becoming acceptable to all, it became apparent that people needed to know computers to excel in life.
Recent studies conducted by leading IT associations and business intelligence concerns, have shown that our country will require millions of IT professionals upto 2005. A study conducted by NASSCOM also reveals that the demand of IT professionals during 2008 be much more than expected availability. The emerging IT enabled services(ITES) segment, has shown tremendous avenues of jobs for the IT professionals. A study conducted by NASSCOM(2008-2009) shows that the ITES sector will create job opportunities for over 1.5 million people in 2010. It is worth while to note that during the last 20 years, the IT industry's present trend reflects more than 20 time increase in ITES_BP segment. In spite of USA's restrictions on outsourcing from indian market, it is felt that with globalization the opening of economic fronts and markets becoming more competitive, it will be non profitable for the USA companies and business tycoons, if they restrict the outsourcing opportunities available from India. As such more and more job opportunities will be further generated in IT and ITES segment positively.
After the Sep11th incident the IT industry went through some diffculties, though indian IT field did not felt the adverse effects as much as other developed countries, some indian youth went jobless albeit temporarily. The basic lesson that our country learnt in the post Sep11th era is that our software industry has to be made more robust and less fragile if we like to make it the most significant contributor to our economy.
Tremendous market potential that is available in our country in the area of tele-education, tele-medicine, entertainment, e- governance etc needs to be given business, if the IT made to touch everyone of the billion indian people, the IT market would become phenomenally large and it would become absolutely robust.
Presently our IT industry has provided job to approximately 25 lac people and earning 100 billion dollars. Today our IT industry is proud that 300 of the fortune 500 companies are its clients, but with indian software professionals earning for foreign companies, if they are given proper opportunities in our country itself, then the things might change that out of 500 fortune companies, more than 50% may be Indian MNC's.
Information Technology can contribute tremendously in the economic development, particularly the rural areas. It can become a prudent tool in integrating the nation., the remote localities that has so far been feeling a sense of neglect, will be part of development. Cell phone is becoming more and more approachable for a common man, with computer education made compulsory from primary and middle level, we can hope and aspire that within next few years, India will become more integrated and more economically robust.
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