India 's Economic Productivity And Growth As Well As The Educational And Social Success Of Our Citizens

We are undergraduate students in the course IT 396-44 Management Information Systems at Monroe College. Professor Asteria Villegas is the instructor for

Foundation of IT in a place is very crucial for most business. Organizations can use IT resource to create innovative and strategic process that helps business to reach beyond the status quo. Organization without new technologies resources can lose momentum and fall behind in competition. On the other hand, organizations with effective and updated technologies remain competent and superior; get competitive advantage thus acquire and maintain their big market share.

As we are stepping towards the era of 2020, man have consistently been innovative and creative in developing and improving technology for various sectors to make the world a better place for us to live in. If we look closely today, the development of IT and Computer sector and its application have greatly influenced various other sectors like telecommunication, transport, agriculture, labour, finance, etc to be more efficient and effective at their work.

Chapter 4: Results and Data Analysis.......................................... page(s) 69-91 • Introduction • Issues Categorization • IT Issues Database • Survey Respondents • Analysis of General IT Data • Analysis of Primary Data

Making investment into IT requires precise valuation of the available resources and consideration of the potential risk associated with the success or failure of that specific project. IT involves both machines (which can be both hardware and software) and manpower in order to run those machines. In order to operate and implement the IT strategies the organization requires highly skilled

Information technology is defined as shared technology resources that provide the platform for an organization's specific information system applications. IT deals with the technology involved in the systems themselves. According to our book, it consists of all the hardware and software that a company would need to use in order to achieve its business objectives. This includes not only computer machines, storage devices, and handheld mobile devices, but also software, such as the Windows or Linux operating systems, the Microsoft Office desktop productivity suite, and the many thousands of computer programs that can be found in a typical large firm.

Today, we are all living in a ‘technologically civilized’ world. Information technology has become a major contributor to the

Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.

Computer science has changed the way we live our lives in many ways. From layman to professionals, computer science has touched everybody’s lives in some way or the other. Computer engineers strive to make our life faster, easier and more organized. The words of Steve Ballmer aptly sum up the vital importance of the sector today - ‘The number one benefit of information technology is that it empowers people to do what they want to do. It lets people be creative. It lets people be productive. It lets people learn things they didn't think they could learn before, and so in a sense it is all about potential.’ I feel privileged to be a part of this community that plays a major role in advancements of human lives. From being a jargon of the professionals in the past, computers and technology have now become the buzzword of every field – whether it is entertainment, business, production or medicine, computers are everywhere, making people’s jobs much easier and the end results of their efforts more reliable. In India particularly, the landscape of development in the last three decades has definitely been dominated by the IT sector. The sector has generated employment, created a new cadre of professionals, and placed India firmly on the world map. I believe that aspiring professionals from this sector will continue to have a definite role to play in India’s immediate future.

As it has been evident in the 21st century, almost all companies at the global level are utilizing Information technology in their attempt to achieve the desired productivity. It is however worth noting that manufacturing, processing, assembly as well as service industries and companies have sought to utilize IT without emphasis on the specific achievements. In this context, it has come to the notice of many critics that entrepreneurs are utilizing IT just for purpose of achieving high profits and without paying key attention to the strategic importance of the same. As Carr argues, the power and the ubiquity of IT has increased prominently but this system is no longer offering the desired strategic advantage.

Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.

Author suggests that business corporations should spend less on the IT infrastructure by arguing that IT is no more a strategic advantage and is similar to other commodity which is assessable to each and every one at market place. Author advices organizations to spend less on the IT capital, to wait and learn from the mistake of competitors and also evaluate the risks associated with the implementation of IT infrastructure. Author has provided the details of it spending and financial outcome of the industry. Here we need to understand that financial out come from an IT investment cannot be expected immediately or in the same financial year. First of all capital goods are very different from the information good. Business benefitted from the Information technology not only based on the how much they spent on the IT rater than how their IT operations are aligned with their

Information Technology (IT): The hardware and software technologies a firm needs to achieve its business objectives (Kenneth C Laudon and Jane P Laudon., 2010).

In recent years, the Information technology sector has really taken-off and boomed up due to various factors such as enormous funding, alliance activities, revolutionarising technology and a rapid increasing domestic market.

The rapid growth in technology which ushered in the information age has become the basis for defining power in the modern societies. It is a widely accepted fact that no modern economy can thrive without an integral information technology and telecommunications infrastructure on board.