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CONTRIBUTION OF
INFORMATION TECHNOLOGY
IN ECONOMY
OVERVIEW
• What is I.T ?
• Age of technology
• Dawn of i.T sector in india
• About indan Economy
• Scope of I.T in indian economy
• Growth of I.t sector in indian economy
WHAT IS I.T ?
• Information technology (IT) is the application of computers to
store, study, retrieve, transmit, and manipulate data, or
information.
• IT is considered a subset of information and communications
technology (ICT).
AGE OF TECHNOLOGY
• term information technology in its modern sense first appeared in
a 1958 article published in the Harvard Business Review authors
Harold J. Leavitt and Thomas L. Whisler commented that
"the new technology does not yet have a single established
name. We shall call it information technology (IT)."
PREMECHANICAL AGE
• One of the very first
information processors.
abacus a technology of pre
mechanical era from
3000 B.C. - 1450 A.D.
MECHANICAL AGE
• Pascaline One of the first
mechanical computing
machines
• Analytical engines
• Difference engine
ELECTRO-MECHANICAL AGE
• The Electromechanical Age: 1840 - 1940.
• Knowledge and information could now be
converted into electrical impulses.
• The Beginnings of Telecommunication.
• discovery that electrical waves travel through
space
• Voltaic Battery.
• Telegraph..
• Telephone and Radio.
ELECTRONIC AGE
• Electronic age
• The First High-Speed, General-Purpose
Computer Using Vacuum Tubes for calculation
• Stored-Program Computer(s)
Computer for Commercial Use
• Digital Computing.
• MS Windows
• Graphical User Interfaces
CURRENT AGE
• Nowadays computers are smaller yet that
chip in picture is more powerfull than most
of computers.
• 1ghz(mobile processor speed) is not even
considered in this huge numbers.
• A megaFLOPS (MFLOPS) = one million
• gigaFLOPS (GFLOPS) = one billion
• A teraFLOPS (TFLOPS) = one trillion
floating-point operations per second.
DAWN OF I.T SECTOR IN INDIA
• During the 1990s there were three back-to-back events that stimulated
investment in information technology:
1. telecommunications deregulation in 1996,
2. the ``year 2K'' problem 1998-99,
3. and the ``dot com'' boom in 1999-2000.
• The resulting investment boom led to a dramatic run-up of stock prices for
information technology companies.
ABOUT INDIAN ECONOMY
• World’s sixth fastest growing economy at 8.43 percent GDP growth
rate.
• India is a $1.5-trillion economy. Economy grew by 8.9 per cent in
the second quarter of the current fiscal, up from 8.7 per cent a
year ago.
• During the period 2010-2011, the annual growth rate of Indian IT
services industry has been over 35%. India is expected to be the
world’s fastest growing economy by 2018, according to Economist
Intelligence Unit (EIU) .
SCOPE FOR IT IN INDIA
• Economic survey revealed that IT - ITES sector created almost 3
million additional jobs this year and number will go on in the
immediate future.
• IT services will contribute over 7.5 % of the overall GDP. IT
Exports accounted 35% of the total exports with potential for 2.2
million jobs in IT in the year 2008.
• IT industry will attract Foreign Direct Investment (FDI) of U.S. $ 4-5
billion.
SECTOR CONTRIBUTION IN G.D.P
GROWTH OF I.T SECTOR IN INDIAN ECONOMY
GROWTH IN INDIAN SOFTWARE EXPORTS
THANK YOU

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Impact of Information Technology on the Indian Economy

  • 2. OVERVIEW • What is I.T ? • Age of technology • Dawn of i.T sector in india • About indan Economy • Scope of I.T in indian economy • Growth of I.t sector in indian economy
  • 3. WHAT IS I.T ? • Information technology (IT) is the application of computers to store, study, retrieve, transmit, and manipulate data, or information. • IT is considered a subset of information and communications technology (ICT).
  • 4. AGE OF TECHNOLOGY • term information technology in its modern sense first appeared in a 1958 article published in the Harvard Business Review authors Harold J. Leavitt and Thomas L. Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology (IT)."
  • 5. PREMECHANICAL AGE • One of the very first information processors. abacus a technology of pre mechanical era from 3000 B.C. - 1450 A.D.
  • 6. MECHANICAL AGE • Pascaline One of the first mechanical computing machines • Analytical engines • Difference engine
  • 7. ELECTRO-MECHANICAL AGE • The Electromechanical Age: 1840 - 1940. • Knowledge and information could now be converted into electrical impulses. • The Beginnings of Telecommunication. • discovery that electrical waves travel through space • Voltaic Battery. • Telegraph.. • Telephone and Radio.
  • 8. ELECTRONIC AGE • Electronic age • The First High-Speed, General-Purpose Computer Using Vacuum Tubes for calculation • Stored-Program Computer(s) Computer for Commercial Use • Digital Computing. • MS Windows • Graphical User Interfaces
  • 9. CURRENT AGE • Nowadays computers are smaller yet that chip in picture is more powerfull than most of computers. • 1ghz(mobile processor speed) is not even considered in this huge numbers. • A megaFLOPS (MFLOPS) = one million • gigaFLOPS (GFLOPS) = one billion • A teraFLOPS (TFLOPS) = one trillion floating-point operations per second.
  • 10. DAWN OF I.T SECTOR IN INDIA • During the 1990s there were three back-to-back events that stimulated investment in information technology: 1. telecommunications deregulation in 1996, 2. the ``year 2K'' problem 1998-99, 3. and the ``dot com'' boom in 1999-2000. • The resulting investment boom led to a dramatic run-up of stock prices for information technology companies.
  • 11. ABOUT INDIAN ECONOMY • World’s sixth fastest growing economy at 8.43 percent GDP growth rate. • India is a $1.5-trillion economy. Economy grew by 8.9 per cent in the second quarter of the current fiscal, up from 8.7 per cent a year ago. • During the period 2010-2011, the annual growth rate of Indian IT services industry has been over 35%. India is expected to be the world’s fastest growing economy by 2018, according to Economist Intelligence Unit (EIU) .
  • 12. SCOPE FOR IT IN INDIA • Economic survey revealed that IT - ITES sector created almost 3 million additional jobs this year and number will go on in the immediate future. • IT services will contribute over 7.5 % of the overall GDP. IT Exports accounted 35% of the total exports with potential for 2.2 million jobs in IT in the year 2008. • IT industry will attract Foreign Direct Investment (FDI) of U.S. $ 4-5 billion.
  • 14. GROWTH OF I.T SECTOR IN INDIAN ECONOMY
  • 15. GROWTH IN INDIAN SOFTWARE EXPORTS