It is a fact that modern world relies on technology. “In the modern eon, the information technology involves in every fields. Multiple tasks, from driving motor vehicle to diagnosing diseases are blessed due to the information technology.” (Lauren, 2013) It provides communication between businesses from any place in the world. The information technology field in the United States and in India has plentiful similarities and differences’ with regards to salary, popularity, and responsibilities. Generally, information technology field gives computer programming services, computer facility management services, computer designing services, and other computer related many kind of services. It includes software, hardware, application and so much more. By using computers, the business world has been changed and it ensures that all departments are running smooth or not. Also, the businesses use the information technology in various types of departments, like human resources, finance, manufacturing, and security. Certainly information technology professionals are enjoying attractive salary scale, over the past decade. No matter, it is India or the United States. Also, they are getting salary hike in every fiscal year, due to high demand of IT professionals. “Hence, in the next span, the growth of information technology is being continued in arrears to employment levels in this technical field, as it is the largest and fastest servicing industry in the both countries.”
Globalisation has also been a resulting factor for the dramatic increase in technology. Bangalore, in the Silicon Valley of India is experiencing a remarkable IT boom, that is transforming the prospects of India’s economy. The internet is the fastest growing tool of communications. It took just 4 years for the internet to reach 50 million years, in contrast to the
The only means for the IT companies to maintain business and to have minimal losses was to transfer their services overseas to India. Nonetheless, many of the people who had lost their IT jobs saw this as a disadvantage since they were the ones who had to either find another job that matched their skills or had to obtain new skills. Along with this, they, along with the majority of the workforce, saw outsourcing as something harmful to the American economy and that it caused increase in cost (Easterls, 166). These outlooks are not necessarily true, however.
The fact that IT sector in the country has increased at an incredible rate of 35% per year for the last 10 years reinforces the view that India is world class in IT. The contribution of IT sector to national GDP will be around 8.5% during the year 2010-2011. The IT sector revenue is expected to increase from Rs 1276 billion in 2004-2005 to Rs 6435 billion in 2011. Availability and adequate supply of skilled and knowledgeable workforce and the quality of infrastructure is critical for the growth of IT in India. The IT sector is one of the largest employers of women, and therefore, can play a crucial role in women empowerment and the reduction of gender inequalities. As per NASSCOM (2010) estimates, women comprise 30-35% of the entire workforce in the IT sector. The number of software professionals has been growing continuously over the years. There is 60% increase in the number of women employees working in the Indian IT sector from 2006-2008 of the entire workforce of 400 million working in the IT sector, 30-35% is female and among them 20% work in urban India(NASSCOM 2008).
(Sivaprasad & JangaJe, 2012): With the introduction of Information Technology in the business, every organization that comprises IT has started to take benefits of this technology. This is done by attaining the advantage over other competitors in the market, by providing new features to the customers after incorporating technology at the operational side specially, increasing the operational speed and reducing the probability for any error in operations. (Wen, 2012): IT also assists higher management in the process of decision making.
economy experiencing inflation, and a decrease in productivity as these large increases in prices would eradicate most orders by consumers5. This is because in the world of business, staying local will destroy your company. To outsource and offshore presents an opportunity to stay competitive and have the best prices. Granted, the company’s production can stay local on American soil and the product be distributed abroad, but that limits this company and overall gains for those involved in it, including those working5. This is often taken advantage of by companies seeking to save money by paying far less for a worker’s wage than if they worked inside of the United States. The median pay for a standard Information Technology (IT) Support Specialist in the United States is $45,5486 while the median pay for the same job in China is about $7,000 a year and $8,400 in India. This is a problem that needs to be regulated, brought to a higher standard, and challenged in any three of the branches of the U.S. government. However, these job’s sole purpose for being in China and India are because of these low wage costs. The current employees outsourced in China and India would lose their jobs if a decision concerning bringing jobs back to America resulted in the banning of offshoring and outsourcing jobs to these countries. That $7,000 average pay rate in China and $8,400 in India, allocated to about 14 million people amongst the two countries and more, would be catastrophic for all of the individuals and families that depend on this large source of income7. This income, as insignificant and non-survivable as an income in the United States, is of the upmost importance to these people abroad. With the number of unemployed workers in India being an estimated 17.7 million in 2017 and 0.982 million in China, it is
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.
Information technology can allow departments to more efficiently and successfully perform their business operations. Information technology is an important enabler of business success and innovation.
|Answer : The Indian IT industry has been the great success story of India's liberalisation. Starting with an export of around $100 million and |
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.
The telecommunications industry in India has experienced dramatic growth in the last decade. In 1991 the number of telephone lines per 100 people was only 1. However, by the end of 2004 that number had increased 9 times. Along with this, the telecom industry now provides employment to about two million people. The industry turnover in this field expanding and is currently around $13 billion. The U.S. mainly participates by selling equipment to Indian companies and by investing in such companies. They also outsource many of thier tech support employment positions to India. India’s information technology and IT-enabled services industry is a major force in India’s booming economy, achieving double digit growth rates and an industry revenue expected to top $28 billion. To add to this growth, the Executive Committee on Information Technology works closely with NASSCOM, India’s largest software association to promote industry-wide growth and market regulation. On another technological path, the broadcasting entertainment industry is yet another booming industry among those that make up India’s economy. With over 100 million household televisions, and nearly 60% of these households using cable or satellite TV, there are nearly 40,000 cable service providers in India. The sector has benefited from a light regulatory system, even though this has also caused a great deal of piracy and
As I said in my previous essay, not many people realize it, but the human race desperately depends on technology for existence. Although depending on things such as computers, cellular devices, and search engines comes with very helpful and developmental research, it has also come with many negative effects. Technology has literally affected all aspects of life for every living person. To the point where it has made people lazy, taken their jobs, and has even made people addicted to social networking. Some examples of problems are constant use of social media, texting and driving incidents, cyberbullying, and even cheating on tests or exams. I believe that we’ve become evermore negatively dependent on technology because humans now feel the need to socialize and connect with one another more frequently than they did before the turn of the 21st century.
Competing In and Out of China – Peng, Wang & Jiang (2008) also stated that political, social and legal frame works in India helped it to become leading powerhouse in information technology. The government had decision to invest in higher the education and its legal and regulatory reforms had
It's quite evidence that world market and innovation in the field of information technology is growing too fast in the United States. Even though a lot has been said for last few decades about the employment shift in the field of IT, however, as stated by McKinsey (2009) the field still remains the most significant sectors of the economy. In Texas the Information Technology is playing a vital role in the development of the City. There are a number of companies offering various IT services within the five cities in Texas, such cities are Dallas, Houston, Austin, San Antonio and Fort Worth (McKinsey, 2009).
21st century is harbinger for major transition in terms of information technology industry for India.
It definition of information technology, its use purpose, scope, and different levels have different interpretations. Information technology contains communications, computer language, electronic technology optical fiber technology. It also may affect computer and its interaction with people, machines, and people appropriate social, economic and culture unite things.