Information Technology
The World has entered the new millennium, which is going to be an Information Technology Age. Today Computers have not only assumed strategic importance in the corporate world, they are being effectively used in other fields ranging from space exploration to food processing and banking to communication etc. In this era of Information Technology, which has revolutionised the whole world, INDIA has stood to the world standards and is being regarded the World over for it’s skilled IT Professionals. Even the government has recognised the promising future of this industry and has formed a new IT Ministry which will give a boost to this industry.
Presence of Multinationals like IBM, HP has made possible transfer of hardware technology into the country, Internet has further bridged the time gap ensuring arrival of the latest technology simultaneously in INDIA and the West without delay. The domestic hardware industry has witnessed quantum growth in the turnover and profits, which is largely attributable to our liberalized economy. On the software front various software giants like IBM, Motorola, Oracle, Samsung, HP, Digital, Unisys, AT&T, ICL, Fugitsu etc. have opened software development centres in the country. The number of professionals in this industry is believed to have crossed the 2 lakh mark and still there is a huge gap between the demand and supply of professionals which is an encouraging sign. The US alone requires around 3 lakh professionals, leave aside other countries. It is believed around 65% of the world’s software is produced in INDIA. INDIA is also exporting software to around 100 countries including many countries which are exclusive buyers from INDIA. Many Indian IT companies like Infosys, Wipro, NIIT, Zenith computers, Satyam Computers, STG, Pentafore Software, Mastek etc. are expanding themselves in a big way making their presence felt globally.
Information technology (IT) is the application of computers to store, study, retrieve, transmit, and manipulate data,or information, often in the context of a business or other enterprise. IT is considered a subset of information and communications technology (ICT). In 2012, Zuppo proposed an ICT hierarchy where each hierarchy level “contain[s] some degree of commonality in that they are related to technologies that facilitate the transfer of information and various types of electronically mediated communications.”
The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several industries are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, telecom equipment, and e-commerce.
